lumber liquidators was founded in 1994 when tom sullivan, now chairman, began selling surplus building materials at heavily discounted prices. two years later the company identified an opportunity to sell hardwood flooring at “liquidator” prices after observing that traditional home improvement and flooring retailers underserved customers in terms of price, selection, product quality and overall value. lumber liquidators began working directly with vendors and mills to provide customers with high-quality assortments at everyday low prices—including premium categories. lumber liquidators is now the largest specialty retailer of hardwood flooring in the u.s. the company offers great value, superior service and a broad selection of high-quality, premium hardwood flooring products at everyday low prices designed to appeal to a diverse customer base. lumber liquidators carries premium hardwood flooring products in a wide variety of domestic and exotic wood species in both pre-finished and u
Company profile
Ticker
LL
Exchange
Website
CEO
Charles E. Tyson
Employees
Location
Fiscal year end
Industry (SIC)
Former names
Lumber Liquidators Holdings, Inc., Lumber Liquidators, Inc.
SEC CIK
Corporate docs
Subsidiaries
LL Flooring, Inc. • LL Flooring Services, LLC • Lumber Liquidators Leasing, LLC • Lumber Liquidators Foreign Holdings, LLC • Lumber Liquidators Canada ULC • Lumber Liquidators Hong Kong Limited ...
IRS number
271310817
LL stock data
Latest filings (excl ownership)
PREC14A
Preliminary proxy with contested solicitation
10 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
LL Flooring Reports First Quarter 2024 Financial Results
8 May 24
8-K
Departure of Directors or Certain Officers
30 Apr 24
DEFA14A
Additional proxy soliciting materials
29 Apr 24
8-K
LL Flooring Provides Update on Strategic Alternatives Review
29 Apr 24
10-K/A
2023 FY
Annual report (amended)
26 Apr 24
DEFA14A
Additional proxy soliciting materials
23 Apr 24
8-K
Other Events
23 Apr 24
10-K
2023 FY
Annual report
1 Mar 24
Transcripts
LL
Earnings call transcript
2024 Q1
8 May 24
LL
Earnings call transcript
2023 Q4
4 Mar 24
LL
Earnings call transcript
2023 Q3
8 Nov 23
LL
Earnings call transcript
2023 Q2
9 Aug 23
LL
Earnings call transcript
2023 Q1
8 May 23
LL
Earnings call transcript
2022 Q4
1 Mar 23
LL
Earnings call transcript
2022 Q3
2 Nov 22
LL
Earnings call transcript
2022 Q2
3 Aug 22
LL
Earnings call transcript
2022 Q1
4 May 22
LL
Earnings call transcript
2021 Q4
23 Feb 22
Latest ownership filings
4
Charles E Tyson
13 May 24
4
MATT T ARGANO
13 May 24
SC 13D/A
F9 Investments LLC
2 May 24
SC 13D/A
F9 Investments LLC
11 Apr 24
SC 13G
Crimson Asset Management Ltd.
22 Mar 24
4
Douglas S Clark Jr
18 Mar 24
4
Kristian B Lesher
18 Mar 24
4
Douglas S Clark Jr
11 Mar 24
4
MATT T ARGANO
11 Mar 24
4
Charles E Tyson
11 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.97 mm | 9.97 mm | 9.97 mm | 9.97 mm | 9.97 mm | 9.97 mm |
Cash burn (monthly) | (no burn) | (no burn) | 12.00 mm | 7.48 mm | 10.18 mm | (no burn) |
Cash used (since last report) | n/a | n/a | 91.48 mm | 57.06 mm | 77.63 mm | n/a |
Cash remaining | n/a | n/a | -81.51 mm | -47.09 mm | -67.67 mm | n/a |
Runway (months of cash) | n/a | n/a | -6.8 | -6.3 | -6.6 | n/a |
Institutional ownership, Q4 2023
19.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 9 |
Opened positions | 6 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 696.98 mm |
Total shares | 5.92 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
F9 Investments | 2.70 mm | $8.02 mm |
Cowen Financial Products | 1.62 mm | $9.12 mm |
Gagnon Neil | 1.41 mm | $10.81 mm |
Values First Advisors | 154.75 k | $603.54 mm |
Thrivent Trust Co of Tennessee | 17.50 k | $55.00 k |
Everhart Financial | 12.02 k | $46.87 mm |
North Star Investment Management | 4.40 k | $17.16 mm |
Sound Income Strategies | 200.00 | $780.00 k |
Versant Capital Management | 161.00 | $628.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 May 24 | Argano Matt T | Common Stock | Payment of exercise | Dispose F | No | No | 1.58 | 5,320 | 8.41 k | 57,745 |
10 May 24 | Charles E Tyson | Common Stock | Payment of exercise | Dispose F | No | No | 1.58 | 23,787 | 37.58 k | 199,208 |
14 Mar 24 | Douglas S Clark Jr | Common Stock | Payment of exercise | Dispose F | No | No | 1.81 | 5,363 | 9.71 k | 61,469 |
14 Mar 24 | Kristian B Lesher | Common Stock | Payment of exercise | Dispose F | No | No | 1.81 | 4,597 | 8.32 k | 34,364 |
8 Mar 24 | Douglas S Clark Jr | Common Stock | Payment of exercise | Dispose F | No | No | 1.955 | 281 | 549.36 | 66,832 |
News
Loop Capital Upgrades LL Flooring Holdings to Hold, Maintains $2 Price Target
9 May 24
LL Flooring Q1 Earnings Dented From High Interest Rates And Inflation, Dodges Outlook
8 May 24
12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
8 May 24
LL Doesn't Provide Guidance, Blames Low Consumer Confidence And Inflation
8 May 24
LL Flooring Sees FY24 Capex Of $13M
8 May 24