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LL

Lumber Liquidators

$24.72

-0.13 (-0.52%)

06:08
02/27/18
02/27
06:08
02/27/18
06:08

Lumber Liquidators sees FY18 revenue growth in mid-to-upper single digits

The Company introduced 2018 full-year expectations as follows: Total revenue growth percentage in the mid-to-upper single digits; Comparable store sales growth percentage in the mid-single digits for the year, with the first quarter in the low single digits; Operating profit margin excluding legacy legal and unusual items in the low- to mid-single digits; Opening 20 to 25 new stores during the year; and Capital spending of $15 to $20 million. FY18 EPS/revenue consensus 87c, $1.11B, respectively.

LL Lumber Liquidators
$24.72

-0.13 (-0.52%)

11/01/17
OPCO
11/01/17
NO CHANGE
Target $43
OPCO
Outperform
Pullback in Lumber Liquidators a buying opportunity, says Oppenheimer
Oppenheimer analyst Brian Nagel notes that shares of Lumber Liquidators are trading lower following the company's Q3 report. The analyst believes that the company's turnaround effort remains "solidly intact" and views the modest pullback in shares as another buying opportunity. He reiterates an Outperform rating and $43 price target on the shares.
12/04/17
MOFT
12/04/17
INITIATION
MOFT
Buy
Lumber Liquidators initiated with a Buy at MoffettNathanson
02/12/18
WEDB
02/12/18
DOWNGRADE
WEDB
Neutral
Lumber Liquidators downgraded to Neutral from Outperform at Wedbush
02/12/18
02/12/18
DOWNGRADE
Target $28

Neutral
Lumber Liquidators downgraded to Neutral at Wedbush
As previously reported, Wedbush analyst Seth Basham downgraded Lumber Liquidators to Neutral from Outperform has he now projects slower improvement in fundamentals. The analyst also lowered his price target on the shares to $28 from $39.

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