-=Lumber Liquidators (LL) reported earnings on Wed 7 Aug 2019 (b/o)

Lumber Liquidators misses by $0.03, misses on revs; cuts FY19 outlook

Reports Q2 (Jun) earnings of $0.07 per share, excluding non-recurring items, $0.03 worse than the S&P Capital IQ Consensus of $0.10; revenues rose 1.8% year/year to $288.57 mln vs the $291.81 mln S&P Capital IQ Consensus.

"Despite delivering solid quarterly results and sequential improvement from the first quarter, as the second quarter progressed, customer traffic softened and that softness continued into July...This, in combination with the uncertain tariff environment, has tempered our near-term financial outlook. As always, we are monitoring broader industry demand, the competitive environment, and the hard-surface flooring consumer as moderating macroeconomic indicators and broad uncertainty created by tariffs across an array of products permeate the market.

Outlook (assumes the continuation of the current 25% tariff applicable to products imported from China for the balance of 2019)

• Total revenue growth percentage -- Low single digits (Previously saw Mid-single digits)
• Comparable store sales -- Approximately flat (Previously saw flat to low-single digit growth)
• Adjusted operating margin (a non-GAAP measure) -- 1.4% to 1.9% (Previously saw 1.9% to 2.4%)

Lumber Liquidators drops 15% to 11-year lows as tariffs weigh heavily on results, causing company to slash full year outlook

This morning, the company reported Q2 (Jun) earnings of $0.07 per share, excluding non-recurring items, $0.03 worse than the S&P Capital IQ Consensus of $0.10; revenues rose 1.8% year/year to $288.57 mln vs the $291.81 mln S&P Capital IQ Consensus. The company also cut its revenue, comps, and adj-operating margin guidance, assuming the continuation of the current 25% tariff applicable to products imported from China for the balance of the year.

"Results in the quarter were generally in line with our expectations and reflect our efforts to mitigate the impact of increased tariffs on our near-term financial performance while also positioning the company for long-term success. With the increase in tariffs, we continue to manage costs through diligent vendor negotiations, opportunistic alternative country sourcing, and ongoing supply chain optimization. We also selectively implemented retail price increases late in the quarter to further mitigate the impact of rising tariffs while, at the same time, ensuring we deliver a strong value proposition and remain competitive in this dynamic environment."

The company also pointed to softening customer traffic during the quarter, hampering progress made from Q1, which it said also extended into July:

• "Despite delivering solid quarterly results and sequential improvement from the first quarter, as the second quarter progressed, customer traffic softened and that softness continued into July...This, in combination with the uncertain tariff environment, has tempered our near-term financial outlook."

The company said it is actively executing a "deep dive" into its overall cost structure to identify near-term efficiency opportunities

Earnings this week : Aug 5 - 9, 19 (wk 32)

Monday (Aug 5)

• Morning: ATRO CARS CYOU KMPR L TA TSN 
• Afternoon: APLE CAR BKD CBT CZR CBPO COHU CXW  EVER  PLOW DCO FRPT HIIQ PODD ITRI KLAC RAMP MAR O SHAK SWAV SNCR TTWO THC WWD

Tuesday (Aug 6)

• Morning:  AFI BHC BDX APRN CAR  CRCM CHK CHH DF DISCA DUK ERI ENR HSIC JLL LGIH MNK MGP MOS  EYE PAYS PLUG SEAS SSTK TEN  FLOW VRTV VG WBT WLK ZTS
• Afternoon: ACLS ADT AFG AINV AIZ AKCA AMN ANDE APEI ARLO AVD AXGN BECN BNFT BOLD BTG CARG CGBD CMP CPE CPSI CTRE CUB DCP DHT DIS DVN DXPE EDIT ENLC ENTA EVH EVRI FANG FATE FLT FTR GBT GCP GH GTES  GWPH HALO HCKT HCR HST HTZ HUBS ICHR INSG INSP IOSP JAZZ KAR KRNT LC LOPE LRN LTHM MAXR MBI MCHP MMI MODN MTCH NDLS NEWR NP NUS NVTA OAS OHI OSUR PAA PAGP PBPB PE PEN PLNT PLT PLYA POWL PTCT PXD PZZA QUOT RRR RTRX SAIL SCOR SEDG SSTI STAY SUPN SWN SWX TGH TROX TWO TXMD VOYA VREX WK WMC WTR WTTR WW WYNN Y ZAGG ZGNX

Wednesday (Aug 7)

• Morning: AMAG ANIP ATHM ATKR AVA BCOR BV CNP CNR CORE CPRI CSTE CVS CYBR DNR DOC ETM EVOP FUN GOLF GTN HL HZNP ICPT INGN INXN IONS JELD KELY.A LAMR LL LXP MDCA MFA MIDD NRG NVMI NXST NYT ODP OMI QEP SBGI SGRY SINA SND SPB SRC SSW STWD TELL TEVA VER VGR WAAS WB WD WEN WWW
• Afternoon: AAOI, AGO, AGS, AIG, ALB, AMPH, ANGI, AOSL, APYX, ARNA, ASRT, ATO, AVLR, AZPN, BKNG, BREW, CABO, CAI, CCMP, CDE, CECO, CLI, COLL, CPA, CPRX, CSGS, CTL, CVNA, CWH, DAR, DDD, DOX, DVAX, EB, ECPG, ENS, ENV, ET, EVRG, FG, FLO, FNV, FOSL, FOXA, FRGI, FSCT, FSM, FTDR, FTK, G, GBDC, GDOT, GKOS, GLPI, GTE, HHC, IAC, IAG, ICUI, IIPR, IMMU, INFN, IVR, JACK, KIDS, KRO, LHCG, LYFT, MATX, MELI, MFC, MNST, MRAM, MRO, NTES, NTRA, NUAN, NVEE, OPK, ORA, PAAS, PDCE, PEGA, PETQ, PRA, PRI, PRSC, PTLA, QHC, QRTEA, QTWO, RCII, RDUS, REZI, RGLD, RGNX, RLJ, ROKU, RUN, RYAM, RYN, SENS, SFLY, SGMO, SJI, SONO, SRPT, STMP, SUN, SWCH, SWKS, SWM, TCX, TLND, TPIC, TRIP, TTGT, TVTY, TWNK, UHAL, UPLD, UPWK, VERI, WMGI, ZG, ZVO 

Thursday (Aug 8)

• Morning: ACIW, AMC, AMRC, AZUL, BAM, BPMP, CAH, CBB, CCOI, CDLX, CEVA, CNNE, COMM, COT, CRON, CSWI, CVIA, DESP, EBIX, ECOM, EGRX, EPAM, ESPR, FOCS, FOLD, FVRR, GOGO, GTS, GTT, HIMX, HMHC, IBP, KDP, KHC, KOP, KTB, LAUR, LITE, LKSD, LNG, MGA, MMS, MPAA, MUR, NBEV, NCLH, NGL, NHI, NICE, NOMD, NS, OGE, PCRX, PNW, PQG, PRGO, PRTY, PTE, RDNT, REV, RLGY, SATS, SNH, SUP, TAST, THR, TTI, TW, USPH, VIAB, VIRT, VSTO
• Afternoon: AAXN AIMT AIRG AL ALRM ALTR AMBC APPN AQN ASYS ATVI AVT AXA C CBS CHUY CISN CNDT COLD CUTR CYRX DBX DXC ELY EPAY EQH ESE FGEN FLNT FNKO FSLY FTCH HBM IIIV JAG MAIN MDP MDRX MESA MTW NKTR NNBR NNI NVGS NVRO NWSA OMER OSTK PBYI PCTY PRA PRAA PUMP QDEL QNST RBA ROAD RVLV SEMG SIEN SPPI SSR SSRM SYMC SYNA TERP TPC TRHC TRUE TSE TTD UBER UNIT VRAY VRTU VSAT VSLR WAIR WPM WPRT WTRH XON YELP

Friday (Aug 9) 
Morning: 

• CBM CLNY DPLO ERF HPT SSP TRCO USCR YRCW

Mon Aug 5 a/h

Thur  Aug 8 a/h

=Lumber Liquidators (LL) reported earnings on Tue 30 Oct 2018 (b/o)

Lumber Liquidators beats by $0.10, misses on revs; tempers FY18 revenue, comps growth guidance; comments on tariffs 

• Reports Q3 (Sep) earnings of $0.27 per share, excluding non-recurring items, $0.10 better than the S&P Capital IQ Consensus of $0.17; revenues rose 6.4% year/year to $270.47 mln vs the $281.82 mln S&P Capital IQ Consensus.
  • Net sales in comparable stores increased $5.3 million, or 2.1%, driven by the expansion of installation services, whose sale in comparable stores was up 39%, which more than offset a 1.3% decline in merchandise sales. The comparable store growth reflected a 5.5% increase in average sale, driven by both higher attachment of installation to the sale, and increased mix of pro customers that have larger purchases, and was partially offset by a 3.4% decrease in the number of transactions. Net sales in non-comparable stores increased $8.0 million.
• Updated FY18 Outlook:
  • Total revenue growth of mid single digits (Previously saw mid to upper single digits)
  • Comp store sales growth of 2.5% - 3.5% (Previously saw mid-single digits)
  • Adjusted operating margin of 1.6 - 2.0% (Previously saw 2% - 3%)
• Commentary on tariffs
  • The Company sources approximately 45% of its products from China. Virtually all of these products had a 10% tariff imposed upon them effective September 24, 2018 and many of these products are at risk to have tariffs increased to 25% as of January 1, 2019. The Company has several approaches to address this situation including adjusting its pricing, partnering with current vendors to lower costs, and altering its supply chain to source the same or similar products from other countries at lower costs. The Company continues to monitor market pricing and promotional strategies to inform and guide its decisions. As the Company examines each product, it employs one or more of the above approaches in an effort to mitigate the impacts of these tariffs.

Earnings this week : Oct 29 - Nov 2, 18 (wk 44)

Headlining earnings this week will be Facebook (FB) on Tuesday and Apple (AAPL) on Thursday. Other notable earnings reports include General Electric (GE), Pfizer (PFE), and Coca-Cola (KO) on Tuesday, General Motors (GM) on Wednesday, Starbucks (SBUX) on Thursday, and Alibaba (BABA) on Friday.

Monday (Oct 29) 

• Morning: FDC YNDX BAH ON AMG CDAY RAMP WFT
• Afternoon:   AEIS AKAM ALSN AMED AMKR APPF APTI ARE AVB AXGN BLKB BRX CACC CBL CGNX CHE CHGG CLR CYH EFII EGHT EHC ELVT EPR ESV FCPT FET FTSI HIIQ HLIT HTLF INST KAI KBR KLAC KNL MDLZ MEDP NLS OFIX OGS OLN PI QGEN QTNA QTS RE RIG RMBS SANM SCI SSD TCO TKR TNET TREX TXRH UDR VNO VNOM VRNS WCN WING

Tuesday (Oct 30)

• Morning:  CHK + ACCO AER AET AGCO AGN AMRC AMT AN AOS ARII ARNC ARRY AWI BHGE BKI BP BPMC BTU CEQP CIGI CMCO CMI CNX CNXM CTSH CVLT EAT ECL ERJ ETN EXP FCAU FDP FIS FLIR FLOW FMS FUN GE GPN GWR HCA HEP HMC HUN HZO I INCY IPGP IPI KEM KO LL LYB MA MAS MSM NEO NTLA OXSQ PEG PFE SABR SHOO SNE SQNS SSTK ST TECH TPR TRS UAA VMC VNTR VSH WAB WCG WDR WELL WH WLH XYL
• Afternoon: ACGL AEGN AFG AINV AMGN APAM APC BAND BEAT BGS BHE BIDU BJRI BXP CAI CAKE CHRW CLVS CONE CRAY CW CXO DDD DENN EA EBAY EIX EVTC EXAS EXR FB FEYE FLT GNW H HABT HCLP HLF HURN HVT HY INN IQ IRTC LNTH MDR MGM MGRC MOBL MOD MRCY MX MXIM MXL NANO NBR NCR NGHC NTRI NUVA NXGN OI OKE ORBC OSPN PAYC PDM PSA QLYS QNST QUAD RBBN REXR RNR RPAI RRD RXN SF SFLY SIMO SKYW SPWR SSW TCS TENB TMUS TTMI TX ULTI VOYA VRSK WES WGP WIRE WLL WNC XLRN YUMC ZEN

Wednesday (Oct 31)

• Morning: ACOR ADP AEE AIT ANTM APO APTV ARCC AUO BAX BCOR BDC BG CAMT CBZ CDW CG CIM CLH CLX CRTO CVE DBD DIN EGL EL EPD ETR GM GNC GRMN HCP HES HFC HSC IART ICE ICPT IGT K KFRC LFUS LIVN MAXR NEWM OMI ORBK PBF PBFX RDC RDN S SAIA SC SITE SNY SPAR SPR STNG TAP TEL THR TMHC UTHR WD WEC WEX YUM    
• Afternoon: ADSW AGI AIG ALL AMGP AMN APA AR ATH AWK AXTI BLDP CACI CDE CF CLI CMP CNO CRY ENSG ESRT ESRX FARO FISV FIT FORM FOXF FRAC FRT HBM HCC HGV HPR JBT KIDS KRG KW LHCG LSI MAA MAC MASI MDU MOH MRC MTDR MUSA MYRG NE NEXA NFX NLY NPO NXPI O OMF OTEX PKI PPC PRAH QRVO RGLD RGR RPT RYN SOI SSNC STAY STMP SU THG TS TUSK TYL WHD WMB WPX WTI XPO ZNGA

Thursday (Nov 1)

• Morning: ECA   AAON AAWW ABMD AGIO ALE AMAG AMCX AME AMRN ARES AROC ARW AVP AYR BCE BID BLL BMCH BSIG CBRE CCOI CEIX CHD CHSP CI CJ CNQ CNSL CRAI CWT D DM DNOW DWDP EEX EGRX EPAM EXC EXLS FBM FLWS FND GEL GIL GLOG GLPI GNRC GOLF HBI HPP IBP ICL IDA IDCC IDXX IIVI INAP INGR INXN IPHS IT ITGR JHG LCII LITE LXRX MD MDC MGP MGPI MIXT MMP MPC MPW MSCI MSG MT NBL NI NSP NTCT NVMI NYT OSK PAH PBH PBI PENN PH PPL PRFT PWR RDS.A ROCK SEE SFM SHPG SN SNDR SNR SPOT SSYS STFC STOR TEVA TFX THS TPX TREE TRP TVPT UFS USCR USPH VECO VSAT VSTO W WCC WRLD WYND YRCW ZTS 
• Afternoon: AAPL ACIA ACLS AGI AIRG AIV ALEX AMH ANET AOSL APPN ARCB ATGE ATHN ATR ATRC ATSG BCOV BFAM BIO BL BLDR BNFT BRKR BVX CARB CATM CBPO CBS CC CCRN CECO CERS CHEF CPS CPSI CRC CRUS CTRL CWST CZR DEI DHT EBS ECOL ED EEP EGOV ELGX EOG EQIX ERII ES EXEL FATE FICO FLR FTAI FTNT GPRO GSAT GSBD GTE HR HST HTGC ICFI IMMR IPHI KAMN KHC KTWO KWR LADR LHO LNC LOCO LYV MDRX MELI MET MITK MSI MTX OLED P PACB PBA PBYI PCTY PE PEB PETX PK PMT PODD RMAX ROG RP RTEC RTRX RYI SBUX SEDG SEM SHAK SHLX SKT SM SPXC SRCL SRG STAG SYMC TDC TDOC TEX TNDM TRMB TRQ TSRO TTOO UNIT USX VIAV VICI WIFI WTW WU X Y 

Friday (Nov 2)

• Morning:  ABBV ABR ASIX AXL BABA BPL CBOE CCJ CNK COL CVX DOC DUK EAF ENB EXTR FTS HMSY HRC IMGN IMO ITT MDP MOG.A MSGN NPTN NWL RLGY ROLL RUTH STX TDS TGH TRTN TWI TYPE USM VG VIRT VST WLTW WPC XOM

=Lumber Liquidators (LL) reported Q2 earnings on Tue 31 July 2018 (b/o)

Lumber Liquidators reports Q2 results, reports revs in-line, guides for FY18 revenue growth of mid-to-upper single digits 

• Reports Q2 (Jun) GAAP loss of $0.05 per share, may not compare to the Capital IQ Consensus of $0.23; revenues rose 7.6% year/year to $283.5 mln vs the $281.26 mln Capital IQ Consensus.
• Merchandise sales in comparable stores grew 0.9% over the same quarter in the prior year. Net sales in non-comparable stores increased $7.7 million.
• LL opened eight new stores during 2Q18, bringing the total store count to 406 as of June 30, 2018.
• Adjusted Gross Margin was 35% and 35.5% for the three months ended June 30, 2018 and 2017, respectively. This decline of 50 basis points from 2017 was due to increased transportation costs, increased costs related to inventory obsolescence, and an increased mix of installation sales, which carry lower gross margins, and increased promotion of selected categories.
• Outlook: For 2018, LL expects total revenue growth of mid-to-upper single digits, comp store sales growth of mid-single digits, and adjusted operating profit of 2-3%, and 20-25 store openings. 

Earnings this week : July 30 - Aug 3, 18 (wk 31)

The earnings onslaught continues this week. More than 140 S&P 500 companies, including Apple Inc (AAPL), will report earnings:

Monday (July 30)

• Morning: USFD  SOGO CRCM  CAT SPG FDC STX L CNA ON AER
• Afternoon: RRC AKS  ILMN AVB SBAC KLAC VNO ARE UDR LOGI SCI ATHN RIG ALSN CHGG NTRI   APPF

Tuesday (July 31)

• Morning: LL SNE HMC PFE PG SNY CHTR AMT ECL SHPG FIS ETN JCI ADM APTV CMI WEC HRS SHOP FTS AME VMC INCY ERJ IPGP XYL MAS WCG RL ARNC SERV HUN
• Afternoon: AAPL BIDU JHG  BGFV CLS APC FISV OKE DVN IQ   SEND  TCS VRSK FE AKAM FANG CHRW ACGL EXR HOLX DOX NBIX H ULTI QGEN WGP WES TRQ CACC TX PAYC MOH DEI ZEN P MB COHR PZZA   ES BXP VRSK FE AKAM CHRW ACGL  HOLX DOX NBIX H ULTI WGP QGEN WES CACC TRQ TX DEI MOH PAYC ZEN NFX MDU ENLK ASH OLN WLL SMG COHR QLYS MDR TEX AMED NUVA ENLC RPAI STAG CAKE REXR CPS RRR GNW ROG SKT NBR MRCY SIMO P APAM MB EVTC LADR MATX MGRC QUOT MTSI HCLP QSII ARCB WNC YRD QUAD HY WIRE CRAY HURN NANO HBM LDL GLUU UIS BAND ENPH MOBL CAI HVT ZAGG FTR LNDC SOI  ZIXI AMSC

Wednesday (Aug 1)

• Morning: DBD  EPD ADP D HUM EXC PEG RACE ICL S IDXX QSR ETR TAP IT GRMN SPR BG NI CDK HBI CZR CRTO SODA   GLPI ARCC NNN GIB LFUS LIVN UTHR HPP AN CHK NSP UNVR ENR CIM SITE AVA GNRC HEP FUN CLH VG UFS MDCO SUM BDC BPMC CG  TMHC AMC DM FLOW SAIA RDC KLIC WD NSIT MTOR BCOR PBI MDC SSTK STRA DIN EGL CPLA RDWR SSYS KFRC ARII CSWI THR NVMI AMRN GPRE KEYW GLDD EMES  

• Afternoon: TSLA TMUS MET ESRX NTR ALL SQ WMB TS MRO WYNN APA AWK ESS LNC YUMC DVA NLY XPO FMC FTNT MAA CF QRVO EXAS X TDOC ZNGA FEYE CRUS PS   PRU PSA ALL CXO SQ WMB TS    O  LNC YUMC XPO NLY DVA  AFG UGI FRT TRMB PKI VOYA DXCM MAC HLF TRIP WPX EXAS PRAH WTR AR X PK EXEL VVC CONE THG MASI GMED HUBS ARRS STMP RYN CMPR LSI PPC VVV AGO SGMS  APU MTDR CHDN PGRE AMGP SIGI CNO TTEK HGV  HI SM KW FEYE WTS LHCG  MUSA CLVS TROX KLIC TTMI IRTC CLI AXGN INOV NPO HUBG INN APTI PS FIT KRG LPSN

Thursday (Aug 2)

• Morning: BABA DWDP BDX AET CNQ DUK CTSH ICE CI ZTS REGN KDP YUM K TEVA RCL PH GGP GPN ABC MGM CLX CBRE MMP MSCI WRK DISH W

 ICE EXC BCE  WLTW ABC GPN  WLK CHD BLL HFC CDW TFX HCP HII NRG W ALNY WEX ENBL PF TDY INGR APO SEE EPAM ARW UBNT MZOR SCG PWR SHLX MIXT SYNH AGIO IDA INXN SNDR FND MD ALE SR GIL PAH CNX ROLL AMCX MFA VAC GEO SFM ICPT THS XHR CRS CCOI LCII ITGR RGEN ARES CBM EXLS HSC SBH AAON PNK PBH GOLF AROC IBP AAWW PCRX DNOW CJ BSIG GOV EEX MGPI GLOG CNXM CBZ ACOR CEIX NEWM NCI PRFT

• Afternoon: EOG ATVI AIG ED CBS ANET CERN MSI FLT CA BMRN TTWO SSNC SYMC GDDY ATUS DATA POST WING ACIA   CC 

 ACLS AGS AIG AIV ALEX AMH AMN ANET APPN ATH ATUS ATVI BFAM BGS BL BMRN BNFT BOJA BRKR BRS CARB CATM CBPX    CCS CERN CERS CNXN COHU CPSI CPT CRC CTRL CWST DATA DRH EBS ECOL ED EEP ELY ENSG EOG ERI ERII ESL EVC FCE.A FLR FLT FTAI GHDX GHL GKOS GPRO GSBD GTE HAYN HR HTA HTGC ICFI IMMR KTOS LNT LOCO MAIN MDCA MDRX MED MSI MTX MTZ NE NFG NUS NVRO OEC OR OTEX PACB PBA PDFS PMT PODD POST RARE REG RMAX RMD RP RTEC RYAM SEDG SEM SEP SHAK SPXC SRCL SRG SSNC SSTI STAR STRL SWIR SWN TDC TRUP TSE TSRO TTOO TTWO TVTY TWOU USX VICI VREX WAIR WEB WING WU XLRN Y

Friday (Aug 3)

• Morning: ABR AEE ASIX ATRO AXL BCPC BERY BPL CNP DISH EAF  ENB ESNT GTT HMSY HUD ITT  KHC LYB MGI  NBL   CBOE PNW RLGY  SSP  TDS  TRTN TWI  VER WPC   VRAY  GRPN USM 

       

-=Lumber Liquidators (LL) reported earnings on Tue 27 Feb 2018 (b/o)

Lumber Liquidators beats by $0.01, misses on revs; guides FY18 revs in-line 

• Reports Q4 (Dec) earnings of $0.10 per share, $0.01 better than the Capital IQ Consensus of $0.09; revenues rose 6.1% year/year to $259.86 mln vs the $264.56 mln Capital IQ Consensus.
  • This includes a comparable store net sales increase of 4.5%, which reflected a 3.4% increase in average sale and a 1.1% increase in customers invoiced. Non-comparable store net sales increased $4.1 million over the comparable prior-year period.
• Co issues in-line guidance for FY18, sees FY18 revs up mid to high single digits vs. $1.11 bln (+8%) Capital IQ Consensus Estimate.
  • Comparable store sales growth percentage in the mid-single digits for the year, with the first quarter in the low single digits; 
  • Operating profit margin excluding legacy legal and unusual items (a non-GAAP measure) in the low- to mid-single digits; 
  • Opening 20 to 25 new stores during the year; and 
  • Capital spending of $15 to $20 million.

=Lumber Liquidators (LL) reported earnings on Tue 1 Aug 2017 (b/o)

Lumber Liquidators beats by $0.24, beats on revs; comparable store sales +8.8%:

• Reports Q2 (Jun) earnings of $0.16 per share, $0.24 better than the Capital IQ Consensus of ($0.08); revenues rose 10.7% year/year to $263.5 mln vs the $256.89 mln Capital IQ Consensus.
  • Net sales in comparable stores increased $21 million, or 8.8%, driven by a 5.3% increase in the number of customers invoiced and a 3.5% increase in the average sale.
  • Merchandise sales in comparable stores grew 6.1% in the quarter. Net sales in non-comparable stores increased $4.4 million.
  • The Company did not open any stores during the second quarter of 2017, so total store count remained at 385 as of June 30, 2017.
• Dennis Knowles, Chief Executive Officer, commented, "In the quarter, we saw positive results in net revenues, comparable store sales and customer traffic, in addition to gross margin expansion which drove positive operating results. Customers have responded to the investments that we made to broaden and strengthen our assortment with innovative products, while also ensuring the right mix of those products were available in our stores. Although we are pleased with the results in the quarter, we still have work to do. Our management team is confident in the potential of our business, and remains dedicated to carrying out the long-term strategy of the Company. We believe that by continuing to work our plan, we will position the Company for long-term profitability and growth."

=Lumber Liquidators (LL) reported earnings on Tue 21 Feb 2017(b/o)

 Lumber Liquidators beats by $0.11, beats on revs  :

• Reports Q4 (Dec) loss of $0.20 per share, $0.11 better than the Capital IQ Consensus of ($0.31); revenues rose 4.3% year/year to $244.9 mln vs the $242.38 mln Capital IQ Consensus. 
• This includes a comparable store net sales increase of 2.8%, which reflected a 3.0% increase in average sale slightly offset by a 0.2% decrease in customers invoiced.
• Gross margin was 32.9% in the fourth quarter of 2016, compared with 23.0% in the prior year period. The increase in gross margin was primarily attributable to the prior year reduction in the carrying value of the Company's inventory of laminate flooring sourced from China, related moldings and other inventory adjustments of ~$21.7 million as well as shifts in the mix of products sold to items such as vinyl, which generally have lower retail price points, but higher gross margins.
• "We are pleased with our sales performance during the quarter, posting our second consecutive increase in comparable sales. While this represents a further step in the right direction, we remain focused on improving our business to drive long term value for Lumber Liquidators shareholders. Our recent investment in a broader, trend-right assortment supported by deeper inventory reflects our commitment to serve our customers. As a part of our strategic direction, we invested in our store operations and the development of both installation and pro-customer programs. We continue to believe the strategic direction we set for the Company remains sound, and we are committed to driving the actions that will return the Company to profitability."

=Lumber Liquidators (LL) reported earnings on Mon 31 Oct 2016 (b/o)

Lumber Liquidators misses by $0.47, beats on revs :

• Reports Q3 (Sep) loss of $0.68 per share, $0.47 worse than the Capital IQ Consensus of ($0.21); revenues rose 3.4% year/year to $244.08 mln vs the $231.79 mln Capital IQ Consensus. Net sales include a comparable store net sales increase of 1.0%, which reflected a 0.5% increase in customers invoiced in comparable stores. Non-comparable store net sales increased $5.6 million over the comparable prior year period. The Company opened one new store during the third quarter of 2016.
• Gross margin was 31.4% in the third quarter of 2016, compared with 30.1% in the prior year period. The increase in gross margin was favorably impacted by the items highlighted in the attached supplemental schedule along with changes in the Company's pricing strategy, where it reduced promotional activity and the sale of clearance product from 2015 levels, and increases in the sales mix of laminates and vinyl, which generally have lower retail price points and above average gross margins.
• Cash and cash equivalents at September 30, 2016 totaled $8.8 million compared with $26.7 million at December 31, 2015. At September 30, 2016, the Company had $20.0 million outstanding on its revolving credit facility, with remaining availability of $95.7 million. In August 2016, the Company increased its asset-based revolving credit facility to $150 million.
• "We are pleased with the direction of our sales performance this quarter but recognize we have work to do to restore Lumber Liquidators to growth and profitability for the long term. We continue to invest in our value proposition while focusing on execution within the business and have taken steps to strengthen our financial position. We remain committed to the strategic direction we set for the Company and believe our actions will improve our performance over time."

Great trade : LL +15% (3/16)

• 3/18:  #58, 100
• sold 3rd and 4th day

=Lumber Liquidators (LL) reported earnings on Mon 29 Feb 2016 (b/o)

Lumber Liquidators misses by $0.53, misses on revs :

• Reports Q4 (Dec) loss of $0.73 per share, $0.53 worse than the Capital IQ Consensus of ($0.20); revenues fell 13.7% year/year to $234.8 mln vs the $251.27 mln Capital IQ Consensus.
• Comparable store net sales declined 17.2% due to a 15.6% decrease in the number of customers invoiced and a 1.6% decrease in the average sale.
  • The Company believes net sales continued to be negatively impacted by certain unfavorable allegations surrounding the product quality of its laminates sourced from China.

Lumber Liquidators (LL) reported earnings on Wed 4 Nov 2015 (before open)

** charts after earnings **

Lesson : Dissecting The 2013 Leg Of Lumber Liquidators' Rally

Lumber Liquidators (LL) debuted in 2007 — a tough year for IPOs.

The company also took on a challenging piece of the flooring trade, going up against national retailers such Home Depot (HD) andLowe's (LOW), as well as smaller flooring providers long established in their local markets.

But a gutted economy and toppled housing market weakened many local players, putting market share up for grabs. High-end consumers recovered rapidly; homeowners looked for remodeling solutions beyond the confines of the national retailers' catalogs.

Lumber launched its winning run in March 2012. From its initial breakout at 22.95 through the end of that year, shares rose 130%. From Jan. 1 to Nov. 18, 2013, the stock added 127%.

Investors trying to hop aboard at the start of 2013 found the early going a bit rough.

Shares formed a shallow cup with handle in November through January. The handle gave a 57.34 buy point during the second week in January. The market was in a confirmed uptrend. Lumber's fundamental vital signs were in order. The stock broke out in heavy trade on Jan. 24.

Easy as pie.

Shares made slow progress for about a month, rising 14%, then dived in heavy volume to test support at their 10-week moving average. The pullback stopped 6% below the initial buy point, but didn't trigger the 8% loss sell rule.

With a loss after six weeks, investors might have sold the stock to roll the capital into stronger performers. After all, a breakout gain that reaches 10% or more should generally not be allowed to turn into a loss.

But on Feb. 26, the stock regained support in heavy trade. It remained in buying range for several sessions, offering a chance to get back on board. IBD highlighted it in boldface in both the NYSE Stocks On The Move and Timesaver Tables on Jan. 31.

In the next four weeks, Lumber Liquidators climbed 25% above its initial buy point. The stock's third rebound from 10-week support was the clincher. It soared 23% in the week ended April 26, giving investors a cushion to ride out the final leg of the run.

The uptrend took a hit Sept. 27 on news that federal investigators had raided the company's offices, investigating alleged import violations. The rally broke decisively Nov. 22, when a short-seller questioned links between gross margin performance and the alleged illegal imports. Such drops gave a signal to take profits.