Market Overview

Recap: Lumber Liquidators Q3 Earnings

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Shares of Lumber Liquidators Hldgs (NYSE:LL) rose 5.8% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 737.50% year over year to $0.67, which beat the estimate of $0.23.

Revenue of $295,833,000 higher by 12.07% from the same period last year, which beat the estimate of $275,720,000.

Looking Ahead

Lumber Liquidators Hldgs hasn't issued any earnings guidance for the time being.

Lumber Liquidators Hldgs hasn't issued any revenue guidance for the time being.

Technicals

Company's 52-week high was at $29.59

52-week low: $3.77

Price action over last quarter: Up 12.58%

Company Description

Lumber Liquidators Holdings Inc is a United States-based specialty retailer of hardwood flooring in North America. The firm primarily operates across the U.S. and Ontario, Canada through its retail store operations segment. Its products include foreign and domestic hardwood species, engineered hardwood, laminate, resilient vinyl, bamboo, and cork flooring. The company derives the majority of its revenue from solid and engineered hardwood, followed by bamboo, cork, and vinyl plank. The firm also offers a selection of flooring enhancements and accessories, including moldings, noise reducing underlay, adhesives, and flooring tools. It primarily targets do-it-yourself (DIY), do-it-for-me (DIFM), and commercial customers. Bellawood is a core brand of the company.

 

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Posted-In: Earnings News