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  "documentTitle": "Floor & Decor Holdings, Inc. (FND)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-07-01 00:00:00",
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  "notes": "Uses a contrast-based argument to frame the CEO's behavior as excessive.",
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      "text": "Our report will detail various growing struggles and areas where we believe FND is obscuring growing debt and cash flow. Yet despite these challenges, CEO Thomas Taylor appears to be enjoying lavish perks of travel on the corporate jet that dwarf the benefits received by his home improvement peers which operate significantly larger companies.",
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      "text": "Source: Floor & Decor Proxy, Home Depot Proxy, Lowe's Proxy",
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      "text": "Comparative Use of Corporate Aircraft: Home Depot $48K, Lowe's $91K, Floor & Decor $234K",
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      "text": "Travel Expense Reimbursement Discussion: 2021, 2022, 2023 disclosures",
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      "kind": "title",
      "text": "The Perks of Being A CEO of A Struggling Retailer...",
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      "arcName": "Overcoming the Monster",
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