Lumber Liquidators Holdings, Inc Common Stock (LL)

Homeowners are delaying renovations due to high interest rates, affecting companies like Home Depot, Wayfair, and LL Flooring. Interest rate cuts could bring relief.

Home Depot store visits climbed in Q2, but another retailer did far better. HD shares held firm on the stock market in early trading.

LL stock results show that LL Flooring Holdings missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.

Discover insights into LL Flooring Holdings, Inc.'s first-quarter FY24 performance, revealing a 21.7% sales decline to $188.490 million. Despite a 21.5% drop in comparable store sales, the gross margin expanded to 37.8%. However, adjusted EPS fell to $(1.04), missing estimates.

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Private equity firm F9 Investments, LLC has proposed to acquire all the issued and outstanding shares of common stock of LL Flooring Holdings Inc (NYSELL) 

LL Flooring Holdings, Inc (NYSELL) reported a third-quarter FY23 sales decline of 19.7% year-on-year to $215.85 million, 

With Live Ventures offering to acquire LL Flooring in an all-cash bid, the proposal may cap off an eventful run in LL stock.

Gainers

U.S. stocks traded mixed, with the Dow Jones falling around 100 points on Thursday. Here are some big stocks recording gains in today’s session.

Live Ventures Inc (NASDAQLIVE) has presented a non-binding proposal to acquire LL Flooring Holdings, Inc NYSE: LLNYSELL)