Lumber Liquidators (LL) Reports Q3 Loss of $0.66/Sh; Comps Rise 3.8%
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Lumber Liquidators Announces Third Quarter 2017 Financial Results
October 31, 2017 6:00 AM EDTTOANO, Va., Oct. 31, 2017 /PRNewswire/ --Â 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
