See our updated policy here. These measures include reducing costs, managing inventory flow, deferring payments, and delaying or stopping non-critical projects such as pausing the planned opening of certain new stores and reducing capital spending. 18 reviews of Lumber Liquidators Flooring "I bought floors right before the 60 mins tv show aired,and had them in my house still in boxes waiting for euro hardwood flooring to come and install them because I had a appointment. There are so many Lumber Liquidators promo codes that you do not want to miss out on. Lumber Liquidators Holdings, Inc. is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. Dunn Lumber - Lumber & Hardware Store Since 1907 #1 locally owned Lumber & Hardware store serving ten locations in King and Snohomish Counties. RICHMOND, Va., April 20, 2020 /PRNewswire/ -- Lumber Liquidators (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today provided an update related to COVID-19 and the Company's operations. On April 17, the Company reached agreement with its lenders to amend its Senior Secured Credit Facilities. This press release includes statements of the Company's expectations, intentions, plans and beliefs that constitute "forward-looking statements" within the meanings of the Private Securities Litigation Reform Act of 1995. Because a name should reflect who you are. I was going to as for my money back because they where still in boxes. The Company augmented its cash balance by borrowing $37 million under the amended ABL facility, and as of April 17, the Company had liquidity of approximately $120 million including approximately $41 million in cash and cash equivalents. Lumber Liquidators Holdings, Inc. (Lumber Liquidators) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories. At Lumber Liquidators, we understand the right floor can transform a house into an extraordinary home. The next day I called lumber liquidators because I was scared to have them installed in my house. We're proud to serve do-it-yourself customers, as well as professionals, by offering over 400 varieties of floors at fantastic prices. The Company is implementing a range of other measures to increase financial flexibility and maintain agility during this challenging time. This non-GAAP financial measure should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. At this point in time, in compliance with local and state regulatory orders, the Company is providing customers with product from all but 20 of its 420 stores. The Company augmented its cash balance by borrowing $37 million under the amended ABL facility, and as of April 17, the Company had liquidity of approximately $120 million including approximately $41 million in cash and cash equivalents. ... On purchases of $2,000 or more made with your Lumber Liquidators credit card from December 2 - 15, 2020. I agree to TheMaven'sTerms andPolicy. Lumber Liquidators said on Thursday that it would suspend the sale of Chinese-made laminate flooring following safety allegations. These risks include, without limitation, the impact on us of any of the following: The Company specifically disclaims any obligation to update these statements, which speak only as of the dates on which such statements are made, except as may be required under the federal securities laws. Find 1 listings related to Lumber Liquidators in Marysville on YP.com. Therefore, the Company believes that the presentation of non-GAAP financial measures provides useful supplementary information to, and facilitates additional analysis by, investors. The Company intends to utilize the Securities and Exchange Commission's extended filing deadline for its first quarter earnings report and Form 10-Q as relevant resources have been focused on responding to the COVID-19 crisis. Aligning with these priorities, the Company is executing a variety of flexible operating models that utilize safety measures such as personal protective equipment for employees and allow for contact-free engagement. Up to 10% select products 4. 50% off grout if you buy any tile flooring Even if you already have a Lumber Liquidators coupon, you can use these codes for even more savings. 5 Reviews (413) 349-4064 Website. About. Contact Store For Details or Customer Care 800-214-3212. In addition, the Company continues to evaluate the CARES Act and any potential impact on reported results. Lumber Liquidators is one of North America's leading specialty retailers of hard-surface flooring with 422 stores as of June 30, … Credit Facility Expansion and Enhanced Liquidity. These measures include reducing costs, managing inventory flow, deferring payments, and delaying or stopping non-critical projects such as pausing the planned opening of certain new stores and reducing capital spending. In addition, the Company is leveraging its strategic investments in digital capabilities made over the past 18 months, including the Floor Finder and Picture It! Q.ai is the trade name of Quantalytics Holdings, LLC. Source: Lumber Liquidators Holdings, Inc. As the leading provider of in-depth business and credit information on the domestic lumber & forest products industry, a membership with Blue Book Services gives you access to: var jarticle1 = jQuery("article p:nth-child(1)"); Shipping fees are not eligible for a refund. Q.ai, LLC is a wholly owned subsidiary of Quantalytics Holdings, LLC (“Quantalytics”). Lumber Liquidators Holdings, Inc. is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. Shares of Lumber Liquidators traded sharply higher on Thursday, after the company reported upbeat earnings for the first quarter of 2020. We offer expert advise and quality materials. We're proud to serve do-it-yourself customers, as well as professionals, by offering over 400 varieties of floors at fantastic prices. "The health and safety of our customers, employees and communities remains our top priority as we adjust our operations to respond to COVID-19, strive to meet the needs of our customers nationally and navigate the dynamic current environment," said interim President Charles Tyson. See reviews, photos, directions, phone numbers and more for Lumber Liquidators locations in Marysville, CA. We will continue to be open 7 days a week. “Following state and local orders, we have implemented flexible operating models and robust safety measures in our stores and have temporarily closed our corporate office and call center and are operating effectively from remote locations. Do I need to activate my account; if so, how do I activate it? I was going to as for my money back because they where still in boxes. While near-term flexibility dominates current priorities, the Company continues to execute key strategic initiatives to position for recovery. We were quite pleased with the whole experience. Due to the ongoing uncertainty created by COVID-19, the Company is withdrawing its annual 2020 financial guidance that was provided on February 25, 2020. View today's stock price, news and analysis for Lumber Liquidators Holdings Inc. (LL). This … Lumber Liquidators Holdings (LL) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.03 per share. Lumber Liquidators Holdings Inc. annual stock financials by MarketWatch. The Company is also implementing a temporary reduction in all salaried employee compensation including a 25% reduction in the base pay of the interim President, the Chief Financial Officer and other C-level executives, and a corresponding 30% reduction in the cash compensation of the Board of Directors. Web traffic has increased meaningfully in recent weeks, and adapting to the change in consumer behaviors, the Company is currently offering free online flooring samples, extended hours for voice and click-to-chat customer support, curbside store pickup and enhanced home delivery options. Returns for refunds must be made within 30 days of initial product receipt and are subject to a 20 percent restocking fee. Recently some of these promos include: 1. The Company remains committed to serving its customers while keeping health and safety paramount. As a result, the Company currently anticipates filing its first quarter earnings report and Form 10-Q the week of May 25, 2020. Menu & Reservations Make Reservations . To supplement the financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses Adjusted SG&A as a percentage of net sales. Lumber Liquidators CEO Robert Lynch has abruptly quit the company, which is embroiled in an investigation over products imported from China. Lumber Liquidators Flooring 10 West Street West Hatfield MA 01088. On October 22, 2015, Lumber Liquidators pleaded guilty in federal court to the illegal importation of hardwood flooring. No liquidation. These statements are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond the Company's control. Lumber Liquidators did not return a call for comment. Lumber Liquidators Apr 20, 2020, 07:00 ET ... the Company has extended its return policy an additional 60 days. "I would like to thank our employees, customers, vendors and other stakeholders for their ongoing support," Tyson concluded. Largest selection of lumber, building materials and DIY supplies. The Company is implementing a range of other measures to increase financial flexibility and maintain agility during this challenging time. ... Each contractor is committed to follow state, county, and local government restrictions issued to reduce the spread of COVID-19, including the use of gloves, masks and other appropriate protective gear. The Worlds #1 … Despite the adverse impacts of COVID-19, solid online sales, virtual sales consultation and strength in the vinyl category are likely to have aided Lumber Liquidators' (LL) Q3 results. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS. At this point in time, in compliance with local and state regulatory orders, the Company is providing customers with product from all but 20 of its 420 stores. Finally, store managers are proactively engaging with Pro customers to continue to meet their unique needs by offering expanded phone and online access and providing convenient pickup and delivery options. Through these efforts, the Company expects to drive traffic and transactions in stores and online and improve profitability over time. Specialties: At LL Flooring, we understand the right floor can transform a house into an extraordinary home. Lumber Liquidators Provides COVID-19-Related Business Update News provided by. To provide flexibility for both our Pro and DIY customers, the Company has extended its return policy an additional 60 days. Lumber Liquidators Provides COVID-19-Related Business Update. Flooring is all we do. 20% off clearance sale items 2. View Lumber Liquidators Holdings, Inc LL investment & stock information. Apr. About Lumber Liquidators. Lumber Liquidators Investor Relations[email protected] Tel: 804-420-9801, Cision Distribution 888-776-0942 Through the week ending March 21, 2020, the Company's quarter-to-date comparable store sales increased approximately 4%, but as the impact of COVID-19 began to broadly impact consumers, orders declined significantly and first quarter comparable stores sales eroded to approximately negative 1% by the end of the quarter. Flooring ordered and arrived on time. Lumber Liquidators Holdings Inc.’s founder is working on a bid to take the company private as he urges management to consider options for the chain, including a potential sale. UFP Industries Announces Agreement to Acquire PalletOne, Further Expanding Industrial Packaging Capabilities in the U.S. HD Supply Holdings, Inc. No liquidation. ... Lumber Liquidators Provides COVID-19-Related Business Update ... PRESS RELEASES. In addition, the Company will pay the employee portion of benefit premiums for any employee impacted beyond four weeks through the end of May 2020. As a result of reduced demand and the changes in the current operating model related to COVID-19, the Company made the difficult decision to temporarily furlough approximately 300 store associates and reduce operating hours in its distribution centers. The health and safety of our customers, employees and communities remains our top priority as we adjust our operations to respond to COVID-19, strive to meet the needs of our customers nationally and navigate the dynamic current environment,” said interim President Charles Tyson. Recently some of these promos include: 1. Many stores are operating as warehouse-only, offering curbside pickup and home or jobsite delivery options. The presented non-GAAP financial measures exclude items that management does not believe reflect the Company's core operating performance, which include regulatory and legal settlements and associated legal and operating costs, as such items are outside the control of the Company or are due to their inherent unusual, non-operating, unpredictable, non-recurring or non-cash nature. While the Facilities maturity remains March 2024, the amendment is effective through August 30, 2020 and provides: This amendment, in addition to the steps described in the Business Update, provides meaningful incremental liquidity to aid in weathering COVID-19-related challenges. The Company remains committed to serving its customers while keeping health and safety paramount. Sharing is caring. "Following state and local orders, we have implemented flexible operating models and robust safety measures in our stores and have temporarily closed our corporate office and call center and are operating effectively from remote locations. 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