Lumber Liquidators Provides First Quarter 2015 Business Update

Raymond James Upgrades Lumber Liquidators (LL) to Outperform

Raymond James upgraded Lumber Liquidators (NYSE: LL) from Market Perform to Outperform with a price target of $40.00.

For an analyst ratings summary and ratings history on Lumber Liquidators click here. For more ratings news on Lumber Liquidators click here.

Shares of Lumber Liquidators closed at $33.20 yesterday.

Lumber Liquidators (LL) Trends Decelerated Further, KeyBanc Notes; Est. Lowered

KeyBanc analyst Bradley Thomas reiterated a Sector Weight rating and lowered estimates on Lumber Liquidators (NYSE: LL) following today's Q1 business update.

"1Q comps were slightly better than our estimate, but gross margin is expected to be worse than prior guidance," Thomas said.... More

Lumber Liquidators (LL) 'Clearly' Saw Improvement Over Past Few Weeks, Janney Capital Says

Janney Capital analyst David Strasser weighed in on Lumber Liquidators (NYSE: LL) after the company provided a March and Q1 sales update.

"There has clearly been improvement in the past few weeks of March, and trends appear to be normalizing. Our checks... More

Lumber Liquidators (LL) Q1 Sales Top Views; Comps Fell 1.8%

Lumber Liquidators (NYSE: LL) provided a business update for the first quarter ended March 31, 2015.

Net sales in the first quarter of 2015 were $260.0 million, an increase of 5.6% from the first quarter of 2014 and a compound annual growth rate of 6.2% over the first quarter of 2013. Net sales in the month of March were $89.4 million, a decrease of 12.8% in comparison to March 2014. Consistent with Company's expectations as discussed in its March 12, 2015 Business Update, net sales in March 2015 were significantly weaker than trends in January and February, as net sales were negatively impacted by unfavorable allegations surrounding... More