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Shares of LL Flooring Holdings Inc. LL, -2.72% rallied 4.7% in premarket trading Monday after the wood flooring company said it has rejected a hostile cash buyout bid of $5.76 as share from F9 Brands Inc. subsidiary Cabinets To Go LLC. The bid represents a 34.3% premium to Friday's closing price of $4.29.
LL Flooring (NYSE: LL ) stock is climbing 20% this morning. This comes on news that its founder has offered to buy all of the company's remaining outstanding shares for $5.76 each.
The stock of LL Flooring Holdings Inc. LL rallied 21% in premarket trade Wednesday, after the company confirmed it has received an unsolicited but non-binding bid from Cabinets to Go, a unit of F9 Brands Inc. F9Brands owns and manages a portfolio of companies in the building products, home improvement and luxury home décor industries. The flooring retailer, formerly known as Lumber Liquidators, said its board will consult with financial and legal advisers to review the bid.
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LL Flooring Holdings, Inc. (NYSE:LL ) Q1 2023 Earnings Conference Call May 8, 2023 8:00 AM ET Company Participants Bruce Williams - ICR Charles Tyson - President and Chief Executive Officer Terry Blanchard - Interim Chief Financial Officer Conference Call Participants Laura Champine - Loop Capital Operator Good morning. Thank you for attending today's LL Flooring Holdings First Quarter 2023 Earnings Conference Call.
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to release first quarter 2023 financial results on Monday, May 8, 2023. The Company plans to host a conference call and audio webcast on May 8, 2023, at 8:00 a.m. Eastern Time. The conference may be accessed by dialing (833) 470-1428 or (929) 526-1599 and entering pin number 223759. A replay wi.
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to release fourth quarter and full year 2022 financial results on Wednesday, March 1, 2023. The Company plans to host a conference call and audio webcast on March 1, 2023, at 8:00 a.m. Eastern Time.
LL Flooring LL, -2.40% , the former Lumber Liquidators, said Tuesday it intends to slow the pace of new store openings and restart share buybacks in 2023, in a move aimed at better positioning the company in the current macroenvironment. "We are confident in our long-term growth strategies and our unique positioning of offering the high-touch service of an independent combined with the value and convenience of a national brand," Chief Executive Charles Tyson said in a statement released ahead of an investor day.
LL Flooring Holdings, Inc. (NYSE:LL ) Q3 2022 Earnings Conference Call November 2, 2022 8:00 AM ET Company Participants Julie MacMedan - Vice President of Investor Relations Charles Tyson - President & Chief Executive Officer Nancy Walsh - Senior Vice President & Chief Financial Officer Conference Call Participants Laura Champine - Loop Capital Operator Hello and welcome to today's LL Flooring Third Quarter 2022 Results Call. My name is Elliot and I will be coordinating your call today.
Shares of LL Flooring Inc. LL, -6.26% slid 7% Wednesday, after the company posted weaker-than-expected third-quarter earnings as lower spending by inflation-conscious customers weighed. Richmond, Va.