Lumber Liquidators Q1 Net Sales Down 10.2% YOY, Loss of $1.20 EPS

Toano, VA, May 10, 2016--Net sales in Q1 2016 were $233.5 million, a decrease of 10.2% from Q1 2015, including a comparable store net sales decline of 13.9% due to a 13.8% decrease in the number of customers invoiced and a 0.1% decrease in the average sale.

Net loss was $32.4 million, or a loss of $1.20 per diluted share, in Q1 2016 as compared to a net loss of $7.8 million, or $0.29 per diluted share, in Q1 2015.