Key Developments: Lumber Liquidators Holdings Inc (LL)
86.03USD
19 Jun 2013
$-2.37 (-2.68%)
$88.40
$88.40
$88.40
$86.02
672,541
680,730
$90.92
$30.10
Latest Key Developments (Source: Significant Developments)
Lumber Liquidators Holdings Inc Raises FY 2013 Outlook And Comparable Store Net Sales Outlook
Lumber Liquidators Holdings Inc announced that based on the first quarter results and current trends, the Company now expects to achieve the following for fiscal 2013: Net sales in the range of $913 million to $942 million, up from the previous range of $885 million to $920 million; Comparable store net sales increasing in the mid to high-single digits, up from the previous range of mid-single digits; and earnings per diluted share (EPS) in the range of $2.10 to $2.35, based on a diluted share count of approximately 28.0 million shares, which is exclusive of any future impact of the stock repurchase program, up from the previous range of $1.90 to $2.15. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $913 million and EPS of $2.15 for fiscal 2013. Full Article
Lumber Liquidators Holdings Inc Reaffirms FY 2013 Guidance; Reaffirms FY 2013 Comp Sales Guidance-Conference Call
Lumber Liquidators Holdings Inc announced that for fiscal 2013, it expects net sales in the range of $885-$920 million, comp sales in the mid-single digits; and earnings of $1.90 to $2.15 on 28 per share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $913 million and EPS of $2.14 for fiscal 2013. Full Article
Lumber Liquidators Holdings Inc Issues FY 2013 Guidance In Line With Analysts' Estimates; Comments On FY 2013 Comparable Store Sales Guidance
Lumber Liquidators Holdings Inc announced that for fiscal 2013, it expects net sales in the range of $885-$920 million. Comparable store net sales increasing in the mid-single digits. Earnings per diluted share (EPS) in the range of $1.90-$2.15, based on a diluted share count of approximately 28.0 million shares, which is exclusive of any future impact of the stock repurchase program. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $888 million and EPS of $2.03 for fiscal 2013. Full Article
Lumber Liquidators Holdings Inc Raises FY 2012 Guidance; Raises FY 2012 Comparable Store Sales Guidance
Lumber Liquidators Holdings Inc raised fiscal 2012 guidance and expects net sales in the range of $791 million to $799 million, up from the previous range of $750 million to $775 million. Comparable store net sales for fiscal 2012 is increasing in the mid to high single digits. Fiscal 2012 earnings per diluted share (EPS) is in the range of $1.53 to $1.59, based on a diluted share count of approximately 28.0 million shares, which is exclusive of any future impact of the share repurchase program. The Company previously expected a range of $1.30 to $1.42, based on a diluted share count of 28.0 million shares. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $778 million and EPS of $1.46 for fiscal 2012. Full Article
Lumber Liquidators Holdings Inc Reaffirms FY 2012 Guidance; Reaffirms FY 2012 Comparable Store Sales-Conference Call
Lumber Liquidators Holdings Inc announced that for fiscal 2012, it expects $750 million to $775 million on the top line; an increase in comparable store sales in the mid-single-digits and diluted EPS of $1.30 to $1.42. Full Article
Lumber Liquidators Holdings Inc Raises FY 2012 Guidance And Comparable Store Net Sales Guidance
Lumber Liquidators Holdings Inc announced that based on year-to-date results and current trends, the Company now expects to achieve the following in fiscal 2012: Net sales for fiscal 2012 in the range of $750 million to $775 million, up from the previous range of $720 million to $750 million; an increase in comparable store net sales in the mid-single digits; fiscal 2012 earnings per diluted share (EPS) in the range of $1.30 to $1.42, which is exclusive of any future impact of the share repurchase program. The Company previously expected a range of $1.10 to $1.25 based on a diluted share count of 28.7 million shares. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $755 million and EPS of $1.24 for fiscal 2012. Full Article
Lumber Liquidators Holdings Inc Raises FY 2012 Guidance; Revises FY 2012 Comparable Store Net Sales Guidance
Lumber Liquidators Holdings Inc announced that based on the first quarter 2012 results and current trends, the Company now expects to achieve fiscal 2012 net sales in the range of $720-$750 million up from the previous range of $710 million to $740 million. The change in comparable store net sales to range from slightly negative to low single digits positive. Fiscal 2012 earnings per diluted share (EPS) in the range of $1.10 to $1.25, based on a diluted share count of approximately 28.4 million shares, up from the previous range of $1.05 to $1.20. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $735 million and EPS of $1.14 for fiscal 2012. Full Article
Lumber Liquidators Holdings Inc Reaffirms FY 2012 Guidance And Comparable Store Sales Guidance-Conference Call
Lumber Liquidators Holdings Inc announced that for fiscal 2012, it expects $710 million to $740 million in revenue, comparable store sales in the low-single digits, either up or down and earnings per share (EPS) of about $1.05 to $1.20. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $735 million and EPS of $1.14 for fiscal 2012. Full Article
Lumber Liquidators Holdings Inc Issues FY 2012 Guidance Below Analysts' Estimates
Lumber Liquidators Holdings Inc announced that for fiscal 2012, it expects to achieve net sales to be in the range of $710-$740 million, comparable store net sales change in the low single digits, either positive or negative and earnings per diluted share (EPS) in the range of $1.05 to $1.20. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $753 million and EPS of $1.22 for fiscal 2012. Full Article
Lumber Liquidators Holdings Inc Announces CEO Succession Plan
Lumber Liquidators, Inc. announced a planned transition in executive leadership with Jeffrey W. Griffiths retiring from his position as Chief Executive Officer of the Company effective January 1, 2012. In accordance with the Company`s Corporate Governance Guidelines, Mr. Griffiths will retire from the Board of Directors of the Company at the same time. Robert M. Lynch, the Company`s current President and Chief Operating Officer, will assume the role of President and Chief Executive Officer concurrent with Mr. Griffiths` retirement. Mr. Griffiths will continue as an employee of the Company through March 18, 2012 to ensure a smooth transition between the two leaders. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
