LL Flooring: The Founder Returns To Clean House
LLLL Flooring (LL) Seeking Alpha·2024-07-24 03:53
Fenton Roman/iStock via Getty Images Introduction Opportunities like this rarely present themselves so clearly like the case of LL Flooring Holdings, Inc. (NYSE:LL). The company is one of the largest retailers of hard-surface flooring in America, with 435 retail stores and revenues hovering around $1 Billion per year over the last ten years. Gross profits have ranged from $418 to $284 million within that time. Revenues have fallen off precipitously in the past two years, while SG&A, ranging from $314 to ...