AI Spotlight on LL
Company Description
LL Flooring Holdings, Inc., together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories.The company offers hardwood species; waterproof vinyl plank, engineered hardwood, laminate, bamboo, porcelain tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools under the Bellawood and Coreluxe brand names.It also provides in-home delivery and installation services.
The company primarily serves homeowners, or to professionals on behalf of homeowners.As of June 22, 2022, it operated 437 stores in the United States.The company also offers its products through its customer relationship center, digital platform, and catalogs.
The company was formerly known as Lumber Liquidators Holdings, Inc.and changed its name to LL Flooring Holdings, Inc.in January 2022.
LL Flooring Holdings, Inc.was founded in 1994 and is headquartered in Richmond, Virginia.
Market Data
Last Price | 0.84 |
Change Percentage | 0.45% |
Open | 0.78 |
Previous Close | 0.84 |
Market Cap ( Millions) | 26 |
Volume | 563781 |
Year High | 4.85 |
Year Low | 0.53 |
M A 50 | 1.15 |
M A 200 | 2.17 |
Financial Ratios
FCF Yield | -165.08% |
Dividend Yield | 0.00% |
ROE | -72.84% |
Debt / Equity | 93.51% |
Net Debt / EBIDTA | -312.33% |
Price To Book | 0.19 |
Price Earnings Ratio | -0.2 |
Price To FCF | -0.61 |
Price To sales | 0.03 |
EV / EBITDA | -3.46 |
News
- Oct -01 - LL Flooring Completes Sale to F9 Investments
- Sep -06 - LL Flooring Signs Agreement with F9 Investments for Going-Concern Sale of Business
- Aug -13 - LL Flooring Receives NYSE Notice of Delisting
- Aug -12 - LL Flooring to close 94 stores as it files for bankruptcy
- Aug -12 - NYSE to Commence Delisting Proceedings Against LL Flooring Holdings, Inc. (LL)
- Aug -12 - LL Flooring Initiates Voluntary Chapter 11 Process
- Jul -23 - LL Flooring: The Founder Returns To Clean House
- Jun -17 - LL Flooring Files Investor Presentation Highlighting Decisive Actions Taken to Drive Growth and Position the Company for Long-Term Success
- Jun -11 - LL Flooring Mails Letter to Shareholders Highlighting Thomas Sullivan's Conflict of Interest and Personal Agenda in Proxy Contest
- Jun -03 - LL Flooring Mails Letter to Shareholders Highlighting Board's Highly Qualified and Engaged Directors
- May -31 - F9 Investments Highlights LL Flooring's Dangerous Pattern of Underperformance and Failed Operational Strategy Due to Ineffective Leadership
- May -08 - LL Flooring Holdings, Inc. (LL) Q1 2024 Earnings Call Transcript
- May -08 - LL Flooring Reports First Quarter 2024 Financial Results
- Apr -29 - LL Flooring Provides Update on Strategic Alternatives Review
- Apr -25 - LL Flooring to Host First Quarter 2024 Results Call on May 8, 2024
- Mar -29 - 18 Biggest Home Depot Competitors This Year
- Mar -01 - LL Flooring Reports Fourth Quarter and Full Year 2023 Financial Results
- Nov -29 - LL Flooring: Book Value Is Diminishing Quickly Due To Weak Results
- Nov -14 - LL Flooring, formerly Lumber Liquidators, receives buyout bid valued at just over $90 million
- Nov -14 - F9 Investments Proposes to Acquire LL Flooring Holdings for $3.00 Per Share in Cash and Nominates Three Highly Qualified Directors to the Board
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Manufactured Products
Expected Growth : 4.83 %
What the company do ?
LL Flooring Holdings, Inc. manufactures and distributes a wide range of hardwood flooring products, including engineered, solid, and laminate flooring, as well as flooring accessories.
Why we expect these perspectives ?
LL Flooring Holdings, Inc.'s 4.83% growth in Manufactured Products is driven by increasing demand for hardwood flooring, strategic pricing initiatives, and expanding distribution channels. Additionally, the company's focus on product innovation, quality, and customer service has led to market share gains and loyalty. Furthermore, the rise of home renovation and remodeling activities has also contributed to the segment's growth.
Segment nΒ°2 -> Solid and Engineered Hardwood
Expected Growth : 4.65 %
What the company do ?
Solid Hardwood is a single piece of wood from top to bottom, while Engineered Hardwood is layered, with a real wood top layer and lower-cost materials underneath, both offered by LL Flooring Holdings, Inc.
Why we expect these perspectives ?
The 4.65% growth in Solid and Engineered Hardwood from LL Flooring Holdings, Inc. is driven by increasing demand for premium home decor, rising popularity of hardwood flooring, and growing consumer preference for sustainable and eco-friendly products. Additionally, the company's strategic expansion into new markets and product lines, as well as its strong online presence, contribute to the segment's growth.
Segment nΒ°3 -> Moldings and Accessories and Other
Expected Growth : 4.65 %
What the company do ?
Moldings and Accessories include products such as moldings, stair noses, and transitions, while Other includes products like underlayment and adhesives from LL Flooring Holdings, Inc.
Why we expect these perspectives ?
The 4.65% growth in Moldings and Accessories and Other segment of LL Flooring Holdings, Inc. is driven by increasing demand for home renovation and remodeling, rising popularity of DIY projects, and expanding product offerings in the online channel. Additionally, strategic partnerships and acquisitions have enhanced the company's capabilities, contributing to the segment's growth.
Segment nΒ°4 -> Installation and Delivery Services
Expected Growth : 8.5 %
What the company do ?
LL Flooring Holdings, Inc.'s Installation and Delivery Services provide professional installation and logistics solutions for flooring products, ensuring a seamless customer experience.
Why we expect these perspectives ?
LL Flooring Holdings, Inc.'s Installation and Delivery Services segment growth of 8.5% is driven by increasing demand for home improvement, rising consumer spending, and strategic partnerships with builders and contractors. Additionally, the company's focus on expanding its installation capabilities, improving operational efficiency, and enhancing the customer experience also contribute to the segment's growth.
Ll Flooring Holdings, Inc. Products
Product Range | What is it ? |
---|---|
Hard Surface Flooring | LL Flooring Holdings, Inc. offers a wide range of hard surface flooring products, including hardwood, laminate, and engineered wood flooring. |
Luxury Vinyl Tiles (LVT) | The company provides a variety of LVT products that mimic natural stone and wood, offering durability and ease of maintenance. |
Laminate Flooring | LL Flooring Holdings, Inc. offers a range of laminate flooring products that are affordable, durable, and easy to install. |
Engineered Wood Flooring | The company provides engineered wood flooring products that offer a more affordable and eco-friendly alternative to solid hardwood flooring. |
Installation Services | LL Flooring Holdings, Inc. offers professional installation services for its flooring products, ensuring a seamless and hassle-free experience. |
LL Flooring Holdings, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for LL Flooring Holdings, Inc. is medium. While there are some substitutes available in the market, they are not a significant threat to the company's business. The company's products are differentiated, and customers are loyal to the brand.
Bargaining Power Of Customers
The bargaining power of customers for LL Flooring Holdings, Inc. is low. The company has a large customer base, and no single customer has significant bargaining power. The company's products are also differentiated, which reduces the bargaining power of customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for LL Flooring Holdings, Inc. is medium. The company relies on a few large suppliers for its raw materials, which gives them some bargaining power. However, the company has a diversified supply chain, which reduces the bargaining power of suppliers.
Threat Of New Entrants
The threat of new entrants for LL Flooring Holdings, Inc. is low. The company has a strong brand presence, and it would be difficult for new entrants to compete with the company's brand recognition and customer loyalty.
Intensity Of Rivalry
The intensity of rivalry for LL Flooring Holdings, Inc. is high. The company operates in a highly competitive industry, and there are several large players competing for market share. The company needs to focus on differentiating its products and services to maintain its market position.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 38.34% |
Debt Cost | 3.95% |
Equity Weight | 61.66% |
Equity Cost | 13.19% |
WACC | 9.65% |
Leverage | 62.18% |
LL Flooring Holdings, Inc. : Quality Control
LL Flooring Holdings, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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DXLG | Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States and Canada. Its stores offer β¦ |
LESL | Leslie's, Inc. operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It β¦ |
LIVE | Live Ventures Incorporated, together with its subsidiaries, engages in the flooring and steel manufacturing, and retail businesses in the United States. The company's Flooring Manufacturing segment manufactures and sells carpets β¦ |