Lumber Liquidators (LL) Reports Q2 Revenues Above Consensus

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Go back to Lumber Liquidators (LL) Reports Q2 Revenues Above Consensus

Lumber Liquidators Announces Second Quarter 2018 Financial Results

July 31, 2018 6:00 AM EDT

TOANO, Va., July 31, 2018 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today announced financial results for the second quarter and six months ended June 30, 2018.

Second Quarter Results

Net sales for the second quarter of 2018 increased $20 million, or 7.6%, to $283.5 million from $263.5 million in the second quarter of 2017.  Net sales in comparable stores increased $12.3 million, or 4.7%, driven by a 4.6% increase in the average sale and by a 0.1% increase in the number of customers invoiced.  Merchandise sales in comparable stores grew 0.9% over the... More