Wednesday, Lumber Liquidators Inc. (LL) said its third-quarter net income increased to $7.8 million or $0.28 per share from $5.5 million or $0.20 per share in the prior year period. On average, 10 analysts polled by Thomson Reuters expected the company to report earnings of $0.24 per share for the quarter.
Net sales for the quarter grew 14.2%, to $140.5 million from $123.1 million in the third quarter of 2008. Comparable store net sales for the quarter rose 1.9% compared with an increase of 2.0% last year. Eight analysts estimated revenues of $137.08 million for the quarter.
Full-year earnings per share are now expected to be in the range of $0.90 - $0.95 compared with its previous range of $0.85 - $0.91. Net sales for the full year are currently projected to be in the range of $535 million - $543 million compared with its prior range of $528 million - $538 million. Ten analysts estimate earnings of $0.90 per share on revenues of $537.06 million for the year 2009.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.