Lumber Liquidators (LL) Tops Q1 EPS by 1c, Reaffirms FY Outlook

Lumber Liquidators (NYSE: LL) reported Q1 EPS of ($0.17), $0.01 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $266 million versus the consensus estimate of $268.07 million.

2019 Outlook

The Company reaffirmed its 2019 full-year expectations as follows:

• Total revenue growth percentage in the mid-single digits;
• Comparable store sales growth percentage flat to low-single digits;
• Adjusted Operating Margin (a non-GAAP measure) of 1.9% to 2.4%;
• Opening 10 to 15 new stores during the year; and
• Capital spending of $15 to $18 million.

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

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