Lumber Liquidators Reports Q4 & FY 2017 Results

Toano, VA, February 27, 2018-Lumber Liquidators reported Q4 2017 sales of $260 million, a 6.1% increase from Q4 2016’s $245 million. Comparable store sales grew 4.5%.

Net loss for the quarter was $3.0 million, compared to $5.5 million in Q4 2016

For the fiscal year, net sales increased 7.1% to $1,029 million from $961 million in 2016.

The company opened eleven new stores in 2017, closed one, and as of December 31, 2017, operated 393 stores in the United States and Canada.

Net loss for the fiscal year was $37.8 million, compared to $68.6 million in fiscal year 2016.