Lumber Liquidators on Forbes Growth List
Toano, VA, April 19, 2011 -- Lumber Liquidators has been ranked among the nation's top 10 fastest-growing retailers by Forbes magazine.
The seller of hardwood flooring was ranked 10 on the business magazine's list as it grew 86.80% between 2006 and 2010, and reported revenues of $620 million last year.
"Analysts like the high-margin niche the company has carved out," even though Lumber has lowered its profit forecast for 2011 and shares are off about 25% year-to-date, Forbes said.
Online retailer Amazon topped Forbes' list
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