Lumber Liquidators (LL) delivered earnings and revenue surprises of -60.00% and -4.33%, respectively, for the quarter ended September 2019. Recently some of these promos include: 1. More. Copyright © 2021 Lumber Liquidators, Inc. All Rights Reserved. Thomas Sullivan had upped his ownership of Lumber Liquidators by 30% or 500,000 shares on Sept.4 through his F9 Investments. Lumber Liquidators To Report First Quarter 2019 Results On April 30, 2019 Apr 11, 2019 Lumber Liquidators Debuts Online Floor Visualizer Tool to Showcase 2019 Trends and New Products Washington D.C., March 12, 2019 — The Securities and Exchange Commission today announced charges against Lumber Liquidators Holdings Inc. for making fraudulent misstatements to investors. Lumber Liquidators agreed to pay $33 million in penalties for misleading investors about formaldehyde in its laminate flooring products, the SEC announced. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The filing states that because the pop in the shares, he no longer believes it is undervalued. 50% off grout if you buy any tile flooring Even if you already have a Lumber Liquidators coupon, you can use these codes for even more savings. "It got higher than what we wanted to pay for," Sullivan told CNBC by phone. Sign up for free newsletters and get more CNBC delivered to your inbox. The founder had upped his ownership of Lumber by 30%, or 500,000 shares on Sept. 4 through his F9 Investments, saying he wanted to take the company private or be an investor in a sale of Lumber Liquidators to another related company. Lumber Liquidators Updates 2019 Financial Outlook To Reflect Favorable Tariff Exclusions From The U.S. Trade Representative, Lumber Liquidators Announces Third Quarter 2019 Financial Results, Lumber Liquidators To Report Third Quarter 2019 Results On November 6, 2019, Lumber Liquidators Provides Information On Network Security Incident, Lumber Liquidators Announces Appointment Of Nancy A. Walsh As Chief Financial Officer, Lumber Liquidators Announces Second Quarter 2019 Financial Results, Lumber Liquidators To Report Second Quarter 2019 Results On August 7, 2019, Lumber Liquidators Announces First Quarter 2019 Financial Results, Lumber Liquidators To Report First Quarter 2019 Results On April 30, 2019, Lumber Liquidators Debuts Online Floor Visualizer Tool to Showcase 2019 Trends and New Products, Lumber Liquidators Announces Fourth Quarter And Full Year 2018 Financial Results, Lumber Liquidators Resolves Matters with U.S. Attorney's Office, DOJ, and SEC, Lumber Liquidators To Report Fourth Quarter And Full Year 2018 Results On March 18, 2019. Releases are listed in chronological order and are archived by year. Sullivan said the retailer and Chief Executive Officer … Lumber Liquidators agreed to pay $33 million in penalties for misleading investors about formaldehyde in its laminate flooring products, the SEC announced Tuesday. Lumber Liquidators stock, which plunged to a yearly low ($7.86) on August 1, had given a negative return of 13% since the beginning of this year and plunged 57% in the trailing 12 months. By ExecPay News. $30 off tools 3. The stock jumped nearly 9% on Sept.4 and 15% in the following session. Get News Alerts by Email. Fourth Quarter Results. Lumber Liquidators, Parkersburg. A Division of NBCUniversal. Shares of Lumber Liquidators plunged more than 13% to $9.77 on Friday. The Board is always open to opportunities to increase shareholder value.". Meanwhile, Today, June 21, 2019, Lumber Liquidators is trading at $10.70, losing [...] Lumber ... Lumber Liquidators - Third Quarter 2019 Earnings Conference Call. Lumber Liquidators's stock plunges after profit and sales miss, lowered outlook Published: Aug. 7, 2019 at 7:11 a.m. ET Shares of flooring company Lumber Liquidators plunged Friday after founder and former CEO Thomas Sullivan decided to opt out of his bid to find a buyer for the company, a week after he announced the buyout plan. Sullivan also sold the majority of his stake in the company. The specialty retailer reported $0.40 EPS for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.10. Net sales for the first quarter of 2019 increased $4.4 million, or 1.7%, to $266 million as compared to the first quarter of 2018. Up to 10% select products 4. Lumber Liquidators To Report Second Quarter 2019 Results On August 7, 2019 PR Newswire TOANO, Va., July 16, 2019 TOANO, Va., July 16, 2019 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), a … As tariffs rise, this strategy will prove more challenging. The stock jumped nearly 9% that day and 15% in the following session. Sullivan bought those shares at an average price of $7.88 per share and he sold them with an average price of $11.68 a piece, according to filings. In its most recent earnings report, Lumber Liquidators reported that its third quarter 2019 net income plummeted to $1 million from nearly $6 million in the year-ago period. The specialty retailer had revenue of $304.20 million for the quarter, compared to analyst estimates of $296.51 million. Lumber Liquidators Holdings reported fiscal year 2019 executive compensation information on April 8, 2020. First Quarter Results. Published: April 8, 2020. "Lumber Liquidators encourages an active dialogue with all our shareholders, and we welcome their views and input. On December 18, 2017, Lumber Liquidators was trading at $30.05. The expansion plan was to add 36 to 40 stores. Archives: Search / 2021 / 2020 / 2019 / 2018 / 2017 / 2016 / 2015 / 2014 / 2013, USTR Ruling Retroactively Exempts Certain Vinyl and Engineered Flooring Products from Section 301 Tariffs, Reported Results Include Impact of August Network Security Incident; Insurance Recovery Process Ongoing, Loss Per Diluted Share of $(0.10); Adjusted Earnings Per Diluted Share of $0.07, New digital design resource gives customers ability to virtually transform any room with latest flooring trends and styles, Reached settlements for legacy DOJ/SEC investigations and Gold class action, Matters relate to public disclosures made in early 2015. "We went public at $11 when it was profitable...A lot of big expenses, a lot of unnecessary overhead that would be expensive to redo, so not going to pay it more than when it was profitable.". The company has been volatile over the years. "The Company is aware of Mr. Sullivan's amended 13D filing and does not comment on the intentions or trading activities of shareholders," Lumber Liquidators told CNBC. All Rights Reserved. Data is a real-time snapshot *Data is delayed at least 15 minutes. 20% off clearance sale items 2. August 2019 Wednesday, August 7, 2019 8:00am - 9:00am EDT Mar 18, 2019 at 9:51 AM LL The shares of Lumber Liquidators Holdings Inc (NYSE:LL) are taking a beating this morning, on a wave of bad news for the hardwood flooring concern. TOANO, Va., Oct. 16, 2019 /PRNewswire/ -- Lumber Liquidators , a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to release third quarter 2019... | October 16, 2019 Lumber Liquidators Holdings, Inc. (NYSE:LL) announced its earnings results on Monday, March, 1st. Lumber Liquidators Holdings CEO Dennis Knowles' 2019 pay rises 2% to $2.4M Lumber Liquidators Holdings reports 2019 executive compensation. Lumber Liquidators Holdings Inc. founder Tom Sullivan has boosted his stake in the flooring retailer that he wants to acquire. © 2021 CNBC LLC. There are so many Lumber Liquidators promo codes that you do not want to miss out on. TOANO, Va., April 30, 2019 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced financial results for the first quarter ended March 31, 2019. We want to hear from you. Shares of Lumber Liquidators plunged more than 13% to $9.77 on Friday. Lumber Liquidators has been prioritizing gross margins above comp sales in recent years. In 2015, the company took a huge hit when former hedge fund manager Whitney Tilson exposed Lumber's health and safety violations at its factories in China, which was featured on 60 Minutes. RICHMOND, Va., Feb. 6, 2020 /PRNewswire/ -- Lumber Liquidators today announced that Dennis R. Knowles has resigned as President and Chief Executive Officer and as a member of the Board of... | … On December 18, 2017, Bitcoin hit and All Time High of $20,089. SEC charges Lumber Liquidators with fraud for hiding formaldehyde. In 2019 the company announced it would be moving the corporate offices from Toano to Richmond VA. Sign-up to receive news as it is released using the email and RSS tools below. GO Upcoming Events Past Events; March 2021 Tuesday, March 2, 2021 8:00am - 9:00am EST Listen to the Webcast. Lumber Liquidators Announces Third Quarter 2019 Financial Results Reported Results Include Impact of August Network Security Incident; Insurance Recovery Process Ongoing PR … Got a confidential news tip? Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips 74 likes. Lumber Liquidators is the leading retailer of hard-surface flooring & accessories in the Parkersburg area. The Company features more than 400 varieties of floors in the latest styles, including waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, porcelain tile and cork flooring. But on Friday, Sullivan sold nearly 80% of his investments, or 1.75 million shares in Lumber Liquidators, according to a regulatory filing. TOANO, Va., March 18, 2019 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced financial results for the fourth quarter and full year ended December 31, 2018. Lumber Liquidators Holdings Inc. LL, +0.23% disclosed Wednesday it will pay up to $30 million as part of a settlement of a class-action suit over its … Get this delivered to your inbox, and more info about our products and services. The company expanded into Canada in the fourth quarter of 2010. “The Company is aware of Mr. Sullivan’s amended 13D filing and does not … On Friday, Sullivan sold nearly 80% of his investments, or 1.75 million shares in the stock. In 2009, Lumber Liquidators began receiving sponsorship from Scripps’ HGTV, DIY Network and ABC’s Extreme Makeover: Home Edition. Toano, Va. -- Lumber Liquidators announced financial results for the third quarter and nine months ended September 30, 2019. Lumber Liquidators shares jumped as much as 17% after the close of regular trading before paring gains. Lumber Liquidators (NYSE: LL) is scheduled to announce Q4 earnings results on Tuesday, February 25th, before market open. Lumber Liquidators is one of North America's leading specialty retailers of hard-surface flooring with 419 stores as of December 31, 2019. Today, June 21, 2019, Bitcoin is trading at $9,884, losing about 50% of it's value. 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