Lumber Liquidators (LL) Misses Q3 EPS by 35c
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LL Flooring Reports Third Quarter 2022 Financial Results
November 2, 2022 6:00 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- LL Flooring Holdings, Inc. (LL Flooring or Company) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced financial results for the third quarter ended September 30, 2022.
President and Chief Executive Officer Charles Tyson said, Our third quarter 2022 results were below our expectations, with comparable store sales down 7.3%, primarily due to continued lower spending by consumers versus last year, which we believe largely reflected continued pressure from inflation and higher interest rates. That said, we also delivered just under double-digit year-over-year growth in sales to Pro customers,... More
