Lumber Liquidators (LL) Posts Q4 Loss of 73c/Share; Comps Fell 17.2%

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Go back to Lumber Liquidators (LL) Posts Q4 Loss of 73c/Share; Comps Fell 17.2%

Lumber Liquidators Announces Appointment of Chief Operating Officer

February 29, 2016 6:01 AM EST

TOANO, Va., Feb. 29, 2016 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today announced that Dennis R. Knowles has been appointed Chief Operating Officer, effective March 1, 2016. Mr. Knowles will be responsible for the Company's stores organization and related operations and will report directly to John Presley, Chief Executive Officer.

Mr. Knowles has more than 25 years of leadership experience in store and business operations. He has served in numerous senior management... More

Lumber Liquidators Announces Fourth Quarter And Full Year 2015 Financial Results

February 29, 2016 6:00 AM EST

TOANO, Va., Feb. 29, 2016 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today announced financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter Results

Net sales in the fourth quarter of 2015 were $234.8 million, a decrease of 13.7% from the fourth quarter of 2014, including a comparable store net sales decline of 17.2% due to a 15.6% decrease in the number of customers invoiced and a 1.6% decrease in the average sale. The... More