Longbow Research Downgrades Lumber Liquidators (LL) to Neutral

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Go back to Longbow Research Downgrades Lumber Liquidators (LL) to Neutral

Lumber Liquidators Announces First Quarter 2015 Financial Results And Transition In Senior Management

April 29, 2015 6:00 AM EDT

TOANO, Va., April 29, 2015 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today announced financial results for the first quarter ended March 31, 2015.

First Quarter Results

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 2015 were $89.4 million, a decrease of 12.8% in comparison to March 2014.  Net... More