LL

Lumber Liquidators Holdings Inc.

Industrial/Transportation, Consumer


Presented:11/26/2013
Price:$102.97
Cap:$2.84B
Current Price:$0.01
Cap:$0.00B

Presented

Date11/26/2013
Price$102.97
Market Cap$2.84B
Ent Value$2.76B
P/E Ratio15.43x
Book Value$12.27
Div YieldN/A
Shares O/S27.60M
Ave Daily Vol570,000
Short Int13.77%

Current

Price$0.01
Market Cap$0.00B
Lumber Liquidators Holdings, Inc. operates as a specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The company provides various wood flooring products, including prefinished domestic and exotic hardwoods, engineered hardwoods, unfinished hardwoods, bamboo, cork, and laminates, as well as resilient flooring products. It also offers flooring enhancements and installation accessories comprising moldings, and noise-reducing underlays and tools. The company markets its products to homeowners or to contractors under the brand name of Bellawood through its integrated sales channels, such as stores, a call center, and a catalog, as well as through its Website, lumberliquidators.com. As of July 24, 2013, it operated 300 retail locations in North America. The company was founded in 1994 and is headquartered in Toano, Virginia.

Highlights

In spite of operating in a highly competitive commodity business, Lumber Liquidators (LL) has managed to grow revenues at an average rate of about 22% per year over the last decade. The company currently has about 11% market share of the hardwood flooring business while mega home retailers Home Depot (HD) and Lowe’s (LOW) together combine for share of about 27 per cent. Operating margins have similarly impressively gone up, from about 5% to 13.1% in just over two years. Looming, however, is a federal investigation into the company’s sourcing practices.

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