|Bid||9.46 x 800|
|Ask||9.61 x 4000|
|Day's Range||9.40 - 9.59|
|52 Week Range||6.59 - 14.44|
|Beta (3Y Monthly)||2.20|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Dennis Knowles has been the CEO of Lumber Liquidators Holdings, Inc. (NYSE:LL) since 2016. This report will, first...
Home Depot (HD) gains from efforts to provide an interconnected shopping experience to customers. But lumber price deflation and increased tariffs are potent threats.
Lumber Liquidators Holdings Inc. disclosed Wednesday it will pay up to $30 million as part of a settlement of a class-action suit over its Morning Star Strand Bamboo flooring that was purchased between Jan. 1, 2012 and March 15, 2019. Under terms of the settlement, the company will contribute $14 million and cash and provide $14 million in store-credit vouchers, with a potential $2 million in additional store-credit vouchers. The company said in an 8-K filing with the Securities and Exchange Commission that the settlement can be funded from cash flow and existing liquidity sources. The stock, which was still inactive in premarket trading, has lost 32.5% over the past 12 months, while the S&P 500 has gained 0.6%.
Bed Bath & Beyond (BBBY) grapples with margin woes for a while now due to higher costs. This might hurt its bottom-line performance in second-quarter fiscal 2019.
Lumber Liquidators Holdings, Inc. (NYSE:LL) shareholders should be happy to see the share price up 21% in the last...
Shares of Lumber Liquidators Holdings Inc. tumbled 12% in active afternoon trading, and have now plunged 24% in three sessions since closing at 4-month high on Tuesday. Trading volume was 6.4 million shares, compared with the full-day average of 2.2 million shares. The selloff in the wood-flooring company's stock comes after founder and former CEO Thomas Sullivan and F9 Investments LLC disclosed that it now owned 461,895 Lumber Liquidator shares, or 1.6% of the shares outstanding, indicating Sullivan and F9 sold off 1.75 million shares in the past week, representing 6.1% of the shares outstanding, after Sullivan and F9 disclosed it had accumulated a 2,212,367-share stake, or 7.7% of the shares outstanding, in the weeks leading up to Sept. 5. Sullivan, currently the CEO of Cabinets to Go, said the reason for acquiring the large stake was to "explore various options and propose a transaction," including a potential purchase of Lumber Liquidators. On Friday, Sullivan said he sold the bulk of his holdings because after the recent "significant" rally, the stock was "no longer undervalued," making a potential acquisition "less prudent at these elevated levels." Since Aug. 20, when Sullivan first disclosed it acquired a 6.0% stake, through Sept. 5, the stock had soared 55%. The stock is now up 4.5% year to date, while the S&P 500 has run up 20.0%.
Lumber Liquidators Holdings founder Tom Sullivan has boosted his stake in the flooring retailer that he wants to acquire.
How far off is Lumber Liquidators Holdings, Inc. (NYSE:LL) from its intrinsic value? Using the most recent financial...
Lumber Liquidators Holdings Inc. said late Monday that Nancy A. Walsh has been named its chief financial officer, effective Sept. 9. Walsh replaces interim CFO Timothy Mulvaney, who will return to his role as chief accounting officer. Walsh most recently served as Pier 1 Imports Inc. CFO, and also held positions at other retailers. Lumber Liquidators announced the resignation of its previous CFO, Martin Agard, in March. The company was fined earlier that month by the Securities and Exchange Commission for lying to investors in connection with emissions issues with some of its flooring products.
CEO & President of Lumber Liquidators Holdings Inc (30-Year Financial, Insider Trades) Dennis R. Knowles (insider trades) bought 14,000 shares of LL on 08/08/2019 at an average price of $8.04 a share. Continue reading...
U.S. stocks stage a stunning turnabout on Wednesday, with all three key equity benchmarks recovering from losses of at least 1% which were partly driven by signs of slowing global economic growth as the U.S. - China trade war intensifies.