Lumber Liquidators (LL) reported earnings on February 20th, with net sales of $210.7 million and EPS of $0.50 for the fourth quarter. Results were driven by a robust 13.2% increase in comparable sales and an operating margin of 11.6%. For the year, LL reported $813.3 million in net sales and $1.68 in EPS. In addition, management offered 2013 guidance of net sales in the range of $885 to $920 million and full-year EPS of $1.90 to $2.15. With the stock trading at nearly $61, the question for investors is whether or not all of this information is priced into shares.
LL has been on fire for the past two years, rising from its post-crisis low...
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