Lumber Liquidators (LL) Misses Q1 EPS by 4c; Reaffirms Outlook
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Lumber Liquidators (NYSE: LL) reported Q1 EPS of ($0.07), $0.04 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $261.8 thousand versus the consensus estimate of $260.4 thousand.
Net sales in comparable stores increased $7.3 million, or 2.9%, driven by a 4.7% increase in the average sale partially offset by a 1.8% decline in the number of customers invoiced.
The Company reaffirmed its full-year 2018 expectations. Total revenue growth Mid-to-upper single digits.
For earnings history and earnings-related data on Lumber Liquidators (LL) click here.
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