Lumber Liquidators

Lumber Liquidators was founded in 1994 when Tom Sullivan, now Chairman, began selling surplus building materials at heavily discounted prices. Two years later the Company identified an opportunity to sell hardwood flooring at “liquidator” prices after observing that traditional home improvement and flooring retailers underserved customers in terms of price, selection, product quality and overall value. Lumber Liquidators began working directly with vendors and mills to provide customers with high-quality assortments at everyday low prices—including premium categories. Lumber Liquidators is now the largest specialty retailer of hardwood flooring in the U.S. The Company offers great value, superior service and a broad selection of high-quality, premium hardwood flooring products at everyday low prices designed to appeal to a diverse customer base. Lumber Liquidators carries premium hardwood flooring products in a wide variety of domestic and exotic wood species in both pre-finished and unfinished brands of various widths and lengths as well as a complete assortment of engineered products, laminates, bamboo, cork and accessories. The Company’s product offering is substantially comprised of proprietary brands, including its flagship and nationally recognized Bellawood brand.
Type
Public
HQ
Toano, US
Founded
1994
Size (employees)
2,100 (est)+15%
Lumber Liquidators was founded in 1994 and is headquartered in Toano, US

Lumber Liquidators Office Locations

Lumber Liquidators has an office in Toano
Toano, US (HQ)
3000 John Deere Rd

Lumber Liquidators Data and Metrics

Lumber Liquidators Financial Metrics

Lumber Liquidators's revenue was reported to be $248.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

248.4 m

Gross profit (Q1, 2017)

86.8 m

Gross profit margin (Q1, 2017), %

35%

Net income (Q1, 2017)

(26.4 m)

EBIT (Q1, 2017)

(25.4 m)

Market capitalization (25-Jul-2017)

718.9 m

Cash (31-Mar-2017)

11 m
Lumber Liquidators's current market capitalization is $718.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1 b1 b978.8 m960.6 m

Revenue growth, %

5%(7%)(2%)

Cost of goods sold

699.9 m656.7 m

Gross profit

411 m418.2 m278.9 m303.9 m

Gross profit Margin, %

41%40%28%32%

General and administrative expense

397.5 m

Operating expense total

397.5 m

EBIT

126 m104.1 m(83.2 m)(93.6 m)

EBIT margin, %

13%10%(8%)(10%)

Pre tax profit

(83.4 m)

Income tax expense

(27 m)(25.7 m)

Net Income

77.4 m63.4 m(56.4 m)(68.6 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

263.1 m266.1 m260 m247.9 m236.1 m233.5 m238.1 m244.1 m248.4 m

Cost of goods sold

156.8 m161.9 m168.3 m185.7 m165.1 m157.4 m167.5 m167.4 m161.6 m

Gross profit

106.2 m104.2 m91.6 m62.3 m71 m76.1 m70.6 m76.7 m86.8 m

Gross profit Margin, %

40%39%35%25%30%33%30%31%35%

General and administrative expense

79.1 m78.4 m97.4 m90.6 m88.3 m117.2 m89.9 m100.7 m112.2 m

Operating expense total

79.1 m78.4 m97.4 m90.6 m88.3 m117.2 m89.9 m100.7 m112.2 m

EBIT

27.2 m25.8 m(5.8 m)(28.3 m)(17.3 m)(41.1 m)(19.3 m)(24 m)(25.4 m)

EBIT margin, %

10%10%(2%)(11%)(7%)(18%)(8%)(10%)(10%)

Pre tax profit

27.1 m25.7 m(6.1 m)(28.3 m)(17.4 m)(41.3 m)(19.4 m)(24.1 m)(25.9 m)

Income tax expense

10.5 m10 m1.7 m(8 m)(8.9 m)(8.9 m)(7.2 m)(5.7 m)445 k

Net Income

16.6 m15.7 m(7.8 m)(20.3 m)(8.5 m)(32.4 m)(12.2 m)(18.4 m)(26.4 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

80.6 m20.3 m26.7 m10.3 m

Accounts Receivable

234.5 m

Current Assets

352.2 m357.3 m322.8 m360.4 m

PP&E

65.9 m124.9 m122 m115 m

Goodwill

9.7 m9.7 m9.7 m9.7 m

Total Assets

429.6 m493.5 m456.2 m488.6 m

Accounts Payable

56.3 m80.3 m55.2 m120.6 m

Current Liabilities

107 m144.2 m127.7 m186.7 m

Total Liabilities

257.7 m

Common Stock

30 k30 k30 k31 k

Retained Earnings

230.7 m294 m237.6 m169 m

Total Equity

309.3 m332.1 m277.6 m230.9 m

Financial Leverage

1.4 x1.5 x1.6 x2.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

48.1 m10.8 m43.9 m45.3 m53.8 m22 m12.7 m8.8 m11 m

Current Assets

342.6 m322.7 m365.5 m342 m337.4 m348.4 m360 m342.6 m353.7 m

PP&E

100.6 m118.5 m129.2 m128 m123.3 m119.2 m116.9 m116.6 m112.1 m

Goodwill

9.7 m9.7 m9.7 m9.7 m9.7 m9.7 m9.7 m9.7 m9.7 m

Total Assets

454.6 m452.5 m506 m481.3 m472 m479 m488.4 m471.5 m479 m

Accounts Payable

66.2 m56.2 m63.6 m58.7 m52.9 m52.2 m72.4 m75.1 m87.4 m

Current Liabilities

129.3 m124 m143.7 m136.4 m132.3 m178.1 m186.8 m194.7 m177.9 m

Common Stock

30 k30 k30 k30 k30 k30 k30 k30 k31 k

Retained Earnings

261 m276.7 m286.3 m265.9 m257.4 m205.2 m193 m174.5 m142.7 m

Total Equity

310.3 m313.2 m325.2 m304.3 m296 m246.6 m235.9 m218.6 m206.1 m

Financial Leverage

1.5 x1.4 x1.6 x1.6 x1.6 x1.9 x2.1 x2.2 x2.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

77.4 m63.4 m(56.4 m)(68.6 m)

Depreciation and Amortization

11.7 m14.7 m

Inventories

(257 k)(1.8 m)

Accounts Payable

(15 k)21.5 m55.2 m120.6 m

Cash From Operating Activities

53 m57.1 m6.4 m

Purchases of PP&E

(28.6 m)(71.1 m)

Cash From Investing Activities

(28.6 m)(71.1 m)

Cash From Financing Activities

(7.4 m)(46.2 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

16.6 m15.7 m(7.8 m)(20.3 m)(8.5 m)(32.4 m)(12.2 m)(18.4 m)(26.4 m)

Accounts Payable

66.2 m56.2 m63.6 m58.7 m52.9 m52.2 m72.4 m75.1 m87.4 m
USDY, 2017

Revenue/Employee

118.3 k

Financial Leverage

2.3 x

Lumber Liquidators Market Value History

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