Floor & Decor Holdings Announces Secondary Offering of 10,000,000 Shares of Common Stock

2/26/19

ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (NYSE:FND) today announced that funds affiliated with Ares Management, L.P. and Freeman Spogli Management Co., L.P., as well as certain officers and directors of the Company, intend to offer for sale in an underwritten secondary offering 10,000,000 shares of common stock of the Company. In addition, the Selling Stockholders intend to offer to the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock. The Company is not selling any shares in this offering and will not receive any proceeds from the sale of the shares by the Selling Stockholders.

J.P. Morgan Securities LLCand Goldman Sachs & Co. LLCare acting as the underwriters for the offering. The underwriters propose to offer the shares of common stock from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, subject to receipt and acceptance by it and subject to its right to reject any order in whole or in part.

About Floor & Decor Holdings, Inc.

Floor & Decor is a leading specialty retailer of hard surface flooring, offering the broadest in-stock selection of tile, wood, stone, related tools and flooring accessories at everyday low prices. The Company was founded in 2000 and is headquartered in Atlanta, Georgia.