Lumber Liquidators (LL) Ticks Higher as CDC Says Risk of Cancer from Exposure to Flooring is 'Low'

Lumber Liquidators (NYSE: LL) shares are up around 1.5 percent following commentary from the Centers for Disease Control and Prevention.

The CDC said that the risk of cancer from exposure to Lumber Liquidators flooring was low, according to a recent investigation to determine possible health effects associated with formaldehyde in select laminate wood flooring products.

Specifically, the CDC said:

The U.S. Consumer Product Safety Commission (CPSC) tested formaldehyde levels released from specific types of laminate flooring made in China between 2012 and 2014 and sold at Lumber Liquidators® stores in the United States. CPSC tested the same type of flooring that had some of the highest formaldehyde levels in tests conducted during a recent consumer investigation.

The Centers for Disease Control and Prevention (CDC) and the Agency for Toxic Substances and Disease Registry (ATSDR) evaluated possible health effects from formaldehyde released into indoor air from this laminate flooring.

CDC/ATSDR found that exposure to formaldehyde in the CPSC-tested laminate flooring sold at Lumber Liquidators® could cause irritation and breathing problems. However, you can take steps to reduce formaldehyde levels in your home.

Irritation and breathing problems can happen in anyone, but children, older adults, and people with asthma or other breathing problems are more likely to have these symptoms.

If your home already has elevated levels of formaldehyde from other products (like cabinets, furniture, or curtains) and you have this type of flooring in your home, the formaldehyde levels could affect everyone in the home.

Breathing in very high levels of formaldehyde over many years has been linked to rare nose and throat cancers in workers. Formaldehyde exposure from the tested laminate flooring would be much lower and would last for less time than the exposures linked to cancer. We estimated the risk of cancer from exposure to this flooring and it’s low.

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