Lumber Liquidators (LL) Soars Amid Q2 Beat
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Lumber Liquidators (NYSE: LL) gains 18.7% in pre-open trade following better-than-expected Q2 results.
Lumber Liquidators reported Q2 EPS of $0.16, $0.23 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $263.5 million versus the consensus estimate of $256.84 million. Comp growth was 8.8%, versus the 6% consensus. Gross margin of 37% from 29.7% in the second quarter of 2016.
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