Lumber Liquidators Results Due July 24

By Bill Esler | Posted: 07/11/2013 10:43AM

 

Lumber Liquidators wood floor finding appLumber Liquidators wood floor finding app was introduced last year. TOANO, VA  -- Earnings at Lumber Liquidators, whose flooring sales have been growing rapidly with housing and economic recovery, will be closely watched when they are announced July 24.

Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, said in last quarter's SEC filing that it is uncertain of the impact on its business of an antidumping and countervailing duties investigation.

In October 2010, a conglomeration of domestic manufacturers of multilayered wood flooring filed with the United States Department of Commerce and the United States International Trade Commission against imports of multilayered wood flooring from China. Lumber Liquidators sources some flooring from China, where it acquired a business in 2012.

Lumber Liquidators opened its 300th store, located in Las Vegas, NV last month, described as its "store of the future" format. Its stock fell last month following a report by a financial analyst who says he found evidence of formaldehyde its flooring.

 

About the Author

Bill Esler, Woodworking Network, WMS

Bill Esler

Bill Esler, Editorial Director, Woodworking Network Bill is responsible for overall content at WoodworkingNetwork.com Woodworking Network magazine, and related newsletters. Bill also manages event programs for Woodworking Network Live conferences at the Woodworking Machinery & Supplies Expo in Toronto and Cabinets & Closets Expo. He developing audience engagement programs using custom digital printing, live lead-generating events, custom websites, and custom digital and print content. Read Bill Esler's woodworking blogs. He can be reached at besler@woodworkingnetwork.com or follow him on Google+.

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