There's an attractive case for flooring retailer Floor & Decor (FND) at the moment. FND stock admittedly isn't cheap, at 46x earnings and ~23x EV/EBITDA (both figures based on the midpoint of 2019 guidance). But the company has a path by which it can easily grow into that valuation.
Same-store sales historically had been running in the double-digits before decelerating of late (in part due to difficult comparisons due to hurricane-related repair and remodel). Management still sees mid- to high-single-digit growth going forward. New stores offer another driver, with management projecting over 400