LL Flooring Reports Fourth Quarter and Full Year 2022 Financial Results
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in the U.S., today announced financial results for the fourth quarter and year ended December 31, 2022.
- LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in the U.S., today announced financial results for the fourth quarter and year ended December 31, 2022.
- Operating margin of (6.6)% decreased 1,040 basis points compared to the fourth quarter of last year.
- Adjusted operating margin1 of (3.1)% decreased 690 basis points compared to the fourth quarter of last year.
- During the fourth quarter, the Company opened three new stores, bringing total stores to 442 as of December 31, 2022.