LL Flooring Reports First Quarter 2024 Financial Results
LL Flooring Holdings, Inc. (LL)
Last ll flooring holdings, inc. earnings: 2/25 06:00 am
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Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. ("LL Flooring" or "Company") (NYSE: LL), a leading specialty retailer of flooring in the U.S., today announced financial results for the quarter ended March 31, 2024."First quarter business conditions remain difficult as we continue to experience the impact of weaker home sales, elevated interest rates and inflation, which have led to softness in home improvement, remodel and big ticket discretionary spending. We reported comparable store sales down 21.5% as we saw continued declines in traffic and lower average project sizes from our consumer and Pro customers. Despite external headwinds, we are focused on our ability to deliver the high-touch service of an independent flooring retailer combined with the value, assortment, and convenience of a national brand," said President and Chief Executive Officer Charles Tyson.Tyson continued, "The challenging macroeconomic factors have pushed home improvement spend per housing unit
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News
- LL Flooring Holdings, Inc. (NYSE: LL) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- LL Flooring Holdings, Inc. (NYSE:LL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- LL Flooring Holdings, Inc. (NYSE: LL) was upgraded by analysts at Loop Capital from a "sell" rating to a "hold" rating. They now have a $2.00 price target on the stock.MarketBeat
- ConsumerAffairs recognizes 12 companies for home safety, pest control, flooring and hearing aids in 2024 Buyer's Choice Awards [Yahoo! Finance]Yahoo! Finance
- LL Flooring Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
LL
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- 5/10/24 - Form PREC14A
- LL's page on the SEC website