Floor & Decor Holdings, Inc. Announces Launch of Initial Public Offering

Floor & Decor Holdings, Inc. (the “Company” or “Floor & Decor”) recently announced the launch of its initial public offering of 8,823,500 shares of its common stock. The initial public offering price is currently expected to be between $16.00 and $18.00 per share of common stock. The Company has applied to list its common stock on the New York Stock Exchange under the symbol “FND.” The underwriters are expected to have an option to purchase up to an additional 1,323,525 shares of common stock.“Management’s Discussion and Analysis of Financial Condition and Results of Operations”

The Company expects to receive net proceeds of approximately $133.5 million from the offering and intends to use such proceeds to repay a portion of the amounts outstanding under its term loan facility.

BofA Merrill Lynch, Barclays, Credit Suisse, UBS Investment Bank, Goldman, Sachs & Co., Jefferies, Piper Jaffray and Wells Fargo Securities are acting as joint book-running managers for the offering. Houlihan Lokey is acting as co-manager for the offering. A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective.

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