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Raleigh Man Charged with Stealing Over K in Checks from Local Flooring Company – Southern Maryland News Net

Raleigh Man Charged with Stealing Over $20K in Checks from Local Flooring Company – Southern Maryland News Net

Sophia Hughes05 mins

Kyrie Jabril Smith, 23, of Raleigh, North Carolina, has been charged by criminal summons with multiple counts of theft and a theft scheme involving Southern Maryland Flooring Company. According to court documents, Smith allegedly stole over $20,000 through fraudulent transactions and thefts between April and May 2024. Smith is accused of opening a fraudulent account…

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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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