Lumber Liquidators (LL) Cut Outlook Sends Shares Crashing 22% - InvestingChannel

Lumber Liquidators (LL) Cut Outlook Sends Shares Crashing 22%

Lumber Liquidators Holdings Inc. (LL) has slashed its financial outlook for fiscal 2014, sending shares crashing almost 23% to the $55 level in Thursday morning trading. The hardwood flooring retailer, which is the largest specialty retailer of hardwood flooring in North America, reported disappointing results and forecasts on Wednesday, saying it is cutting its EPS […]

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