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LL Flooring to close 94 stores as it files for bankruptcy
Fox Business· 2024-08-12 21:11
Retailer LL Flooring is filing for bankruptcy and looking to close over 90 of its stores, according to a filing with the U.S. Securities and Exchange Commission (SEC).  On Sunday, the company filed for relief under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. It aims to "pursue a going-concern sale of its business," the company said in a statement."After comprehensive efforts to enhance our liquidity position in a challenging macro environment, a determination was made that initiati ...
LL Flooring: The Founder Returns To Clean House
Seeking Alpha· 2024-07-23 19:53
Fenton Roman/iStock via Getty Images Introduction Opportunities like this rarely present themselves so clearly like the case of LL Flooring Holdings, Inc. (NYSE:LL). The company is one of the largest retailers of hard-surface flooring in America, with 435 retail stores and revenues hovering around $1 Billion per year over the last ten years. Gross profits have ranged from $418 to $284 million within that time. Revenues have fallen off precipitously in the past two years, while SG&A, ranging from $314 to ...
LL Flooring (LL) - 2024 Q1 - Earnings Call Transcript
2024-05-08 13:58
LL Flooring Holdings, Inc. (NYSE:LL) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Bruce Williams - IR, ICR Charles Tyson - President and CEO Andrew Wadhams - SVP, Retail & Commercial Sales Bob Madore - CFO Conference Call Participants Laura Champine - Loop Capital Operator Hello, and welcome to today's LL Flooring Q1 '24 Earnings Conference Call. My name is Bailey, and I'll be the moderator for today. All lines will be muted during the presentation portion of the call, with a ...
LL Flooring (LL) - 2024 Q1 - Quarterly Report
2024-05-08 10:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-33767 LL Flooring Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 27-1310817 (State or other jurisdiction o ...
LL Flooring (LL) - 2024 Q1 - Quarterly Results
2024-05-08 10:30
Exhibit 99.1 For Immediate Release LL FLOORING REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS RICHMOND, Va., May 8, 2024 – LL Flooring Holdings, Inc. ("LL Flooring" or "Company") (NYSE: LL), a leading specialty retailer of flooring in the U.S., today announced financial results for the quarter ended March 31, 2024. "First quarter business conditions remain difficult as we continue to experience the impact of weaker home sales, elevated interest rates and inflation, which have led to softness in home improveme ...
LL Flooring (LL) - 2023 Q4 - Earnings Call Transcript
2024-03-04 15:19
LL Flooring Holdings, Inc. (NYSE:LL) Q4 2023 Earnings Call Transcript March 4, 2024 8:00 AM ET Company Participants Bruce Williams - IR, ICR Charles Tyson - President and CEO Andrew Wadhams - SVP, Retail & Commercial Sales Bob Madore - CFO Conference Call Participants Laura Champine - Loop Capital Operator Good morning. My name is Drew, and I'll be your conference operator today. At this time, I would like to welcome everyone to the LL Flooring 4Q and Full Year 2023 Earnings Conference Call. All lines have ...
LL Flooring Reports Fourth Quarter and Full Year 2023 Financial Results
Businesswire· 2024-03-01 21:05
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard and soft surface flooring in the U.S., today announced financial results for the fourth quarter and year ended December 31, 2023. "Fourth quarter business conditions remain difficult as we continue to experience the impact of weakness in existing home sales and the corresponding softness in the home improvement industry. We reported comparable store sales down 19.6% as we ...
LL Flooring (LL) - 2023 Q4 - Annual Results
2024-02-29 16:00
EXHIBIT 99.1 For Immediate Release LL FLOORING REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS RICHMOND, Va., March 1, 2024 – LL Flooring Holdings, Inc. ("LL Flooring" or "Company") (NYSE: LL), a leading specialty retailer of hard and soft surface flooring in the U.S., today announced financial results for the fourth quarter and year ended December 31, 2023. "Fourth quarter business conditions remain difficult as we continue to experience the impact of weakness in existing home sales and the cor ...
LL Flooring (LL) - 2023 Q4 - Annual Report
2024-02-29 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33767 LL Flooring Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 27‑1310817 (State or other jurisdiction of inc ...
LL Flooring to Host Fourth Quarter and Full Year 2023 Results Call on March 4, 2024
Businesswire· 2024-02-26 11:45
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to host a conference call and audio webcast on March 4, 2024, at 8:00 a.m. Eastern Time. The conference may be accessed by dialing (833) 470-1428 or (929) 526-1599 and entering pin number 918613. You may also use this link in lieu of speaking to an operator. A replay will be available approximately two hour ...