Lumber Liquidators (LL) Trends Decelerated Further, KeyBanc Notes; Est. Lowered

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Lumber Liquidators Provides First Quarter 2015 Business Update

April 2, 2015 7:00 AM EDT

TOANO, Va., April 2, 2015 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today provided a business update for the first quarter ended March 31, 2015.

Net sales in the first quarter of 2015 were $260.0 million, an increase of 5.6% from the first quarter of 2014 and a compound annual growth rate of 6.2% over the first quarter of 2013.  Net sales in the month of March were $89.4 million, a decrease of 12.8% in comparison to March 2014.  Consistent with Company's... More