Lumber Liquidators (LL) Misses Q2 EPS by 1c

Lumber Liquidators (NYSE: LL) reported Q2 EPS of $0.60, $0.01 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $263.1 million versus the consensus estimate of $269.72 million.

Lumber Liquidators sees FY2014 EPS of $2.65-$3.00, versus the consensus of $2.72. Lumber Liquidators sees FY2014 revenue of $1.05-1.10 billion, versus the consensus of $1.09 billion.

Robert M. Lynch, President and Chief Executive Officer, commented, "Our second quarter net sales and earnings per diluted share were in-line with our revised expectations communicated earlier this month. Despite the challenges we faced in the second quarter and results that were not at the level we would have hoped, our value proposition is as strong and relevant as ever to our customers. We remain focused on continuous improvement across our operations and implementing our multi-year strategic initiatives to position the Company for long-term growth."

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

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