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Stock impact report

LL Flooring Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

LL Flooring Holdings, Inc. (LL) 
Last ll flooring holdings, inc. earnings: 2/25 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.lumberliquidators.com
Company Research Source: Yahoo! Finance
hard and soft surface flooring in the U.S., today announced financial results for the fourth quarter and year ended December 31, 2023. "Fourth quarter business conditions remain difficult as we continue to experience the impact of weakness in existing home sales and the corresponding softness in the home improvement industry. We reported comparable store sales down 19.6% as we saw continued declines in traffic and lower average project sizes for 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 "Leading economic indicators suggest that home improvement spending will continue to be challenged through at least the first half of 2024, however, the long-term fundamentals of our business are strong due to aging housing stock, incre Show less Read more
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