LL Flooring”s Q1 net sales decreased by 21.7%

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…

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AITX Provides Sales Guidance for New Subsidiary RAD-R

AITX Provides Sales Guidance for New Subsidiary RAD-R

Up to 20,000 RADCam™ Set for Q3 Production and Holiday Selling Season Detroit, Michigan, April 25, 2024 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, announces further details concerning its newly established subsidiary, Robotic Assistance Devices Residential, Inc. (RAD-R). With the fall production…

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LL Flooring’s sales fall in second quarter

LL Flooring’s sales fall in second quarter

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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