Lumber Liquidators Holdings Inc. (LL) on Wednesday reported a second-quarter loss of $20.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Toano, Virginia-based company said it had a loss of 75 cents.
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The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The hardwoord floors retailer posted revenue of $247.9 million in the period, which also fell short of Street forecasts. Eight analysts surveyed by Zacks expected $256.9 million.
Lumber Liquidators shares have fallen 72 percent since the beginning of the year. The stock has dropped 67 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LL at http://www.zacks.com/ap/LL
Keywords: Lumber Liquidators Holdings, Earnings Report