Analyst Stifel Lowers Estimate on LL

St. Louis, MO, May 27, 2015—Analyst Stifel has lowered its estimate on Lumber Liquidators stock, modestly for 2015, but more aggressively for 2016.

Its decision is based on the unexpected departure of the company CEO, fewer store openings (from 35 to 25), lowered gross margins and high Selling, General and Administrative (SGA expenses).