Live Ventures Sales Declined 2.2% in Q1, Earnings Increased

Las Vegas, NV, May 9, 2024-Live Ventures-a diversified holding company that owns Marquis Industries and Flooring Liquidators-announced Q1 2025 revenue of $107.0 million, a 2.2% decline compared to revenue of $118.6 million in the prior year period.

Net income for the company in Q1 2025 was $15.9 million, compared to a loss of $3.3 million in Q1 2024. 

“Continuing the trend from the first quarter of fiscal year 2025, our Retail-Entertainment and Steel Manufacturing segments delivered improved operating performance in the second quarter, with higher operating income and operating margin compared to the same period last year. At the same time, ongoing softness in the new home construction and home refurbishment markets continued to pressure our Retail-Flooring and Flooring Manufacturing segments, where reduced consumer demand impacted performance,” commented David Verret, chief financial officer of Live Ventures.