The company was founded as FDO Holdings in 2000 by George West, whose family ran West Building Materials. The company changed its name to Floor & Decor Holdings, Inc. in April 2017.In the five years between 2011 and 2016 the company doubled in size and revenues went from $277 million in 2011 to more than $772 million in 2016. The company had a net income of more than $26 million in 2016. Floor & Decor was profitable for the five year period before their initial public offering .In 2017, the company had their initial public offering with a 53% gain and ended having the largest IPO increase of the year.In February 2018, Floor & Decor opened a new 1.4 million-square-foot distribution center on a 90 acre site in Bloomingdale, Georgia, just 11 miles from the Port of Savannah.
In September 2018, Bisnow reported Floor & Decor is expected to begin a $160 million expansion of the company that will include 17 new store locations, a possible new headquarters in Atlanta, and nearly $30M in improving its e-commerce and technology infrastructure.
