Lumber Liquidators Announces Second Quarter 2015 Financial Results

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Lumber Liquidators (LL) PT Cut to $15 at Wedbush; Businesss Pressure Mount as Legal and Regulatory Issues Loom

August 6, 2015 12:34 PM EDT

Wedbush analyst Seth Basham reiterated a Neutral rating and lowered his price target on Lumber Liquidators (NYSE: LL) to $15.00 (from $30.00) following weak Q2 results and outlook at business pressure intensify while legal and regulatory pressures loom.

Basham commented, "Underlying sales and gross margin... More

Lumber Liquidators (LL) PT Cut to $13 at Piper Jaffray

August 6, 2015 7:50 AM EDT

Piper Jaffray analyst Peter Keith reiterated a Neutral rating and slashed his price target on Lumber Liquidators (NYSE: LL) to $13.00 (from $18.00) following weak results.

Keith commented, "We are maintaining our Neutral rating and lowering our PT to $13 (from $18) following... More

Stephens Downgrades Lumber Liquidators (LL) to Equal Weight

August 6, 2015 7:45 AM EDT

Stephens downgraded Lumber Liquidators (NYSE: LL) from Overweight to Equal Weight.

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 $13.27 yesterday.

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Lumber Liquidators (LL) Posts Q2 GAAP Loss of 75c/Share

August 5, 2015 6:11 AM EDT

Lumber Liquidators (NYSE: LL) reported Q2 EPS of ($0.75), versus the analyst estimate of $0.06. Revenue for the quarter came in at $247.9 million versus the consensus estimate of $257.66 million.

Thomas D. Sullivan, Founder and Acting Chief Executive Officer, commented, "I founded Lumber Liquidators more than 20 years ago with the simple mission of offering good wood flooring at a good price and putting the customer first. We did this by getting great... More