LL

Lumber Liquidators Holdings Inc

Industrial/Transportation


Presented:03/23/2020
Price:$4.47
Cap:$0.13B
Current Price:$0.01
Cap:$0.00B

Presented

Date03/23/2020
Price$4.47
Market Cap$0.13B
Ent Value$0.49B
P/E Ratio13.4x
Book Value$5.62
Div Yield0%
Shares O/S28.73M
Ave Daily Vol1,913,240
Short Int29.71%

Current

Price$0.01
Market Cap$0.00B
Lumber Liquidators Holdings, Inc. operates as a multi channel specialty retailer of hardwood flooring and hardwood flooring enhancements and accessories in the United States. The firm offers exotic and domestic hardwood species, engineered hardwood, laminate, vinyl plank, bamboo and cork direct to the consumer. It also provides flooring enhancements and accessories, including moldings, noise reducing underlay, adhesives and flooring tools. The company was founded by Thomas David Sullivan in 1993 and is headquartered in Richmond, VA.

Publicly traded companies mentioned herein: Floor & Decor Holdings Inc (FND), Lumber Liquidators Holdings Inc (LL), Tile Shop Holdings Inc (TTSH)

Highlights 

The presenter is short shares of Lumber Liquidators Holdings Inc (LL). The presenter believes that COVID-19 will cripple the company’s already struggling store base and potentially force them to file for bankruptcy. He views the company as a structural short with at least 50% downside from here, although he would wait for a stimulus package and the ensuing spike in consumer beta stocks before taking a position. The stock currently trades at ~$6.00/share. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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