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Lumber Liquidators (LL) gets an upgrade to Hold from Sell at Stifel Nicolaus after Wednesday's...

Lumber Liquidators (LL) gets an upgrade to Hold from Sell at Stifel Nicolaus after Wednesday's earnings. On the call, Stifel analyst Jon Baugh asked about the preponderance of accessories at the company's newer stores and inquired about price increases: "The increases you referenced … is that a function of" not discounting? "It's … price discipline," said CFO Daniel Terrell, adding that individual stores are doing a good job of "communicating the value" of products. (transcript) Shares +1% premarket.
Comments (1)
  • Really? The guy had a "Sell" recommendation on it. Good job!
    25 Apr 2013, 09:24 AM Reply Like
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