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

Lumber Liquidators (LL) Has More Wood to Chop - Wedbush

March 1, 2016 8:11 AM EST

Wedbush analyst, Seth Basham, cut his PT on Lumber Liquidators (NYSE: LL) as negative news stories and pricing promotions continue to pressure EPS even after one year. PT drops to $13 from $15, no change to Neutral rating.

LL made some progress in stabilizing the business in 4Q. The company stemmed employee turnover and started improving... More

Lumber Liquidators (LL) can't provide outlook for 2016 - Conf. Call

February 29, 2016 8:21 AM EST

During the company's conference call today, Lumber Liquidators (NYSE: LL) said it can't provide an outlook for 2016. The company said there was too much uncertainty to provide a forecast and that it identified material weakness in FY15 financials.

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Lumber Liquidators' sales fall more than feared, shares drop

February 29, 2016 6:31 AM EST

By Sruthi Ramakrishnan

(Reuters) - Lumber Liquidators Holdings Inc (NYSE: LL) reported a bigger-than-expected drop in sales for the third straight quarter as it struggled with falling demand due to fears that some of its hardwood flooring laminates could cause cancer.

The retailer, whose shares fell 10 percent to a seven-year low in early trading on Monday, also said it would not issue a financial forecast for 2016 given the uncertainty around customer demand and the company's legal and regulatory issues.

Lumber Liquidators' stock and sales have been hammered since a "60 Minutes"... More

Lumber Liquidators (LL) Taps Lowe's Dennis Knowles as COO

February 29, 2016 6:06 AM EST

Lumber Liquidators (NYSE: LL) 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 roles across the retail and home improvement industries, most recently as Chief Store Operations Officer at... More