LL Flooring”s Q1 net sales decreased by 21.7%
LL Flooring Holdings’ Q1 2024 net sales of $188.5 million decreased $52.2 million, or 21.7%, versus the Q1 2023, driven by lower transaction counts and average ticket size in both the Pro and Consumer channels as a result of continued headwinds from the difficult macroeconomic environment and ongoing brand awareness challenges. Gross margin increased 120 basis points…