Lumber Liquidators (LL) Reports Q3 Loss of $0.66/Sh; Comps Rise 3.8%

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Go back to Lumber Liquidators (LL) Reports Q3 Loss of $0.66/Sh; Comps Rise 3.8%

Lumber Liquidators Announces Third Quarter 2017 Financial Results

October 31, 2017 6:00 AM EDT

TOANO, Va., Oct. 31, 2017 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today announced financial results for the third quarter and nine months ended September 30, 2017.

Third Quarter Results

Net sales for the third quarter of 2017 increased $13.1 million, or 5.4%, to $257.2 million from $244.1 million in the third quarter of 2016.  Net sales in comparable stores increased $9.3 million, or 3.8%, driven by a 3.0 % increase in the average sale and a 0.8% increase in the number of customers invoiced. Merchandise sales in comparable stores grew 1.8% in the quarter. Net sales... More