Lumber Liquidators Appoints John M. Presley as Chief Executive Officer
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Lumber Liquidators (LL) Misses Q3 EPS by 13c; Appoints New CEO
November 4, 2015 6:03 AM ESTLumber Liquidators (NYSE: LL) reported Q3 EPS of ($0.31), $0.13 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $236.1 million versus the consensus estimate of $259.77 million.
Comps fell 14.6 percent.
LL also announced that its Board of Directors has appointed John M. Presley as Chief Executive Officer, effective November 16, 2015. He succeeds Thomas D. Sullivan, the Company's Founder, who has served as Acting Chief Executive Officer since May 21, 2015.
Mr. Sullivan will serve as... More
