Floor & Decor wasn't a forever holding; it didn't even last half a decade. Berkshire first bought into it in the third calendar quarter of 2021 with a buy-in of slightly over 817,000 shares.

Consequently, Floor & Decor stock did not escape the bear market. The price of this retail stock is down by more than half from its late 2021 peak and it sells near 52-week lows.

What happened. Shares of Floor & Decor Holdings (FND-0.62%) rose 22.6% in May, according to data provided by S&P Global Market Intelligence.This market-beating monthly return came on the heels of ...