LL Flooring Q1 net sales down 21.7%, loss per diluted share $1.00

LL Flooring Holdings, Inc.

2024-Q1 EPS reported -$1.00 revenue$188,490,000

Net sales of $188.5M, down 21.7% YoY; comparable store sales down 21.5%.
Loss per diluted share $1.00 (up $0.63 YoY); adjusted loss per diluted share $1.04.
Gross margin improved 120bps to 37.8%; adjusted gross margin fell 40bps to 37.1%.
Liquidity of $63.3M ($6M cash, $57.3M ABL availability); operating cash outflow $23.7M.
Company not providing 2024 guidance; pursuing sale-leaseback of Sandston, VA DC.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LL Flooring Holdings, Inc. reported the quarter ended March 31, 2024 results: EPS Loss per diluted share increased $0.63 to $1.00.

Period: the quarter ended March 31, 2024
EPS: Loss per diluted share increased $0.63 to $1.00
Result: reported results

Exact text from the filing

On May 8, 2024, LL Flooring Holdings, Inc. issued a press release announcing certain financial and operating results for the quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0000950170-24-055036

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