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Lumber Liquidators Holdings Inc Raises FY 2013 Guidance And Comparable Store Net Sales Guidance

Wednesday, 23 Oct 2013 07:00am EDT 

Lumber Liquidators Holdings Inc announced that based on year-to-date results and current trends, the Company now expects to achieve the following for fiscal 2013: net sales for the full year in the range of $985 million to $995 million, from a previous range of $940 million to $963 million; Comparable store net sales increasing 14% to 15%, with the fourth quarter ranging from 9% to 14%; and earnings per diluted share (EPS) in the range of approximately $2.65 to $2.74, based on a diluted share count of approximately 27.9 million shares, which is exclusive of any future impact of the stock repurchase program, up from a previous range of $2.45 to $2.60. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $977 million and EPS of $2.69 for fiscal 2013.