UPDATE 1-Lumber Liquidators sees Q4 rev growth, ups FY EPS view

* Sees Q4 net sales at $137 mln

* Sees '09 EPS $0.95 to $0.97 vs est $0.95

* Sees '09 rev at $544 mln vs est $542.4 mln

* Says Q4 same-store sales to rise 5.5 pct

Jan 11 (Reuters) - Hardwood flooring retailer Lumber Liquidators Holdings Inc (LL.N) said it expects an 18 percent rise in fourth-quarter sales, helped by increased store traffic, and raised its 2009 profit view.

The company also said it expects comparable store net sales to rise about 5.5 percent for the fourth quarter, compared with a fall of 4.6 percent a year ago.

"We experienced strong store traffic throughout the quarter, which helped drive our increase in comparable store net sales," Lumber said in a statement.

The company said based on preliminary quarterly sales, it now expects 2009 earnings per share of 95 cents to 97 cents, up from its earlier estimates of 90 cents to 95 cents.

The Toano, Virginia-based company said, for the fourth quarter ended Dec. 31, it expects net sales of about $137 million.

For the full year, net sales are expected to increase about 12.8 percent to $544 million while comparable store net sales are expected to be flat, Lumber said.

Analysts on average were expecting 2009 earnings of 95 cents per share, on revenue of $542.4 million, according to Thomson Reuters I/B/E/S.

Lumber Liquidators, which competes with independent U.S. retailers and much bigger chains like Home Depot Inc (HD.N) and Lowe's Cos Inc (LOW.N), has been able to attract consumers even in a difficult economy due to its lower prices.

Shares of the company closed at $27.64 Friday on the New York Stock Exchange. (Reporting by Shobhana Chadha in Bangalore; Editing by Gopakumar Warrier)