Lumber Liquidators (LL) Posts Q4 Loss of 73c/Share; Comps Fell 17.2%

Lumber Liquidators (NYSE: LL) reported Q4 EPS of ($0.73), $0.53 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $234.8 million versus the consensus estimate of $254.46 million.

Comps fell 17.2 percent due to a 15.6 percent decrease in the number of customers invoiced and a 1.6 percent decrease in the average sale.

John Presley, Chief Executive Officer, commented, "Over the past quarter we have taken meaningful steps to reestablish Lumber Liquidators with our customers and our shareholders. While we have made some progress in key areas such as compliance and core operational efficiency, we still have a long way to go. That said, our business model is intact, we are addressing legacy issues with clarity and candor, and we are rebuilding our brand."

For earnings history and earnings-related data on Lumber Liquidators (LL) click here.

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