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Floorings

LL Flooring”s Q1 net sales decreased by 21.7%

LL Flooring”s Q1 net sales decreased by 21.7%

Sophia Hughes04 mins

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…

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LL Flooring’s sales fall in second quarter

LL Flooring’s sales fall in second quarter

Sophia Hughes05 mins

With consumers still reluctant to launch home improvement projects, and still not familiar with its new name, and U.S. Customs still delaying shipments under the federal law aimed ending forced labor of China’s Uyghur people, Henrico County-based LL Flooring Holding had another tough quarter. The company, formerly known as Lumber Liquidators, said second-quarter sales fell…

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