|Bid||11.17 x 900|
|Ask||11.33 x 800|
|Day's Range||9.81 - 11.24|
|52 Week Range||6.59 - 14.44|
|Beta (5Y Monthly)||1.92|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Lumber Liquidators Holdings Inc. shares rose nearly 3% in Thursday premarket trading after the flooring retailer announced that certain items it sells have been retroactively excluded from tariffs on Chinese imports, adding $11 million to recognized fourth-quarter operating income. The exclusions apply to tariffs imposed from Sept. 24, 2018 to Aug. 7, 2020. The tariffs were implemented at 10% in Sept. 2018 and were raised to 25% in June 2019. For the fourth-quarter, Lumber Liquidators continues to expect revenue growth of flat to slightly positive and same-store sales of down 2% to flat. Lumber Liquidators stock is down 7.4% for the last 12 months while the S&P 500 index is up 18.5% for the period.
If you're interested in Lumber Liquidators Holdings, Inc. (NYSE:LL), then you might want to consider its beta (a...
The home builder sector took a hit Tuesday, as a disappointing earnings report from Home Depot Inc. overshadowed some upbeat housing market data for October. The iShares U.S. Home Construction ETF fell 0.3%, with 21 of 38 components losing ground, and the SPDR S&P Homebuilders ETF shed 0.7% with 23 of 28 components falling. The 5.2% selloff in Home Depot's stock paced the losers of both ETFs. Among other top decliners, shares of Williams-Sonoma Inc. lost 2.8%, Lumber Liquidators Holdings Inc. gave up 2.8% and Leggett & Platt Inc. dropped 2.2%. Separately, housing starts in October rose a little less than expected but building permits rose well above expectations.
Lumber Liquidators (LL) delivered earnings and revenue surprises of -60.00% and -4.33%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Lumber Liquidators Holdings Inc. fell nearly 3% in premarket trading on Wednesday after the hardwood floor retailer reported soft demand in a "challenging quarter," and cut its full-year 2019 sales and operating margin guidance. Lumber Liquidators reported third-quarter adjusted earnings per share of 8 cents, versus 27 cents in the year-ago period. Net sales fell $6.5 million, or 2.4% to $264 million. Same-store sales fell 3.6% due to weak sales at the start of the quarter and a network security incident in late August, caused by malware that encrypted certain information technology systems and impacted the company's ability to electronically process transactions. The company cut its full-year revenue outlook to flat to slightly positive from a previous outlook of low-single-digits growth. Its same-store sales outlook went from roughly flat to down 2% to flat. Adjusted operating margin is now seen at 1% to 1.4%, from a prior 1.4% to 1.9%.
On Wednesday, November 6, Lumber Liquidators Hldgs (NYSE: LL ) will report its last quarter's earnings. Here is Benzinga's preview of the company's release. Earnings and Revenue Lumber Liquidators EPS ...
Lumber Liquidators (LL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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...
Lumber Liquidators Holdings founder Tom Sullivan has boosted his stake in the flooring retailer that he wants to acquire.