LL Flooring Holdings, Inc. (LL) Q1 2024 Earnings Call Transcript

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Q1: 2024-05-08 Earnings Summary

EPS of -$1.04 misses by $0.77
 | Revenue of $188.49M (-21.69% Y/Y) misses by $30.11M

LL Flooring Holdings, Inc. (LL) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET

Company Participants

Bruce Williams - IR, ICR
Charles Tyson - President and CEO
Andrew Wadhams - SVP, Retail & Commercial Sales
Bob Madore - CFO

Conference Call Participants

Laura Champine - Loop Capital

Operator

Hello, and welcome to today's LL Flooring Q1 '24 Earnings Conference Call. My name is Bailey, and I'll be the moderator for today. All lines will be muted during the presentation portion of the call, with an opportunity for questions-and-answers at the end. [Operator instructions]

I'd now like to pass the conference over to Bruce Williams with Investor Relations. So please go ahead when you're ready.

Bruce Williams

Thank you, operator. Good morning, everyone, and thank you for joining us. Today. I'm joined by Charles Tyson, our President and Chief Executive Officer, and Bob Madore, Chief Financial Officer.

As we begin, let me reference the safe harbor provisions of the US Securities Laws for forward-looking statements. This conference call may contain forward-looking statements that are subject to significant risks and uncertainties, including the future operating and financial performance of LL Flooring. Although LL Flooring believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations of any of its forward-looking statements will prove to be correct. Important risk factors that could cause actual results to differ materially from those reflected in the forward-looking statements are included in LL Flooring's filings with the SEC.

During today's call, management will be discussing results on an adjusted basis, a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures, and our explanation of why the non-GAAP financial measures may be useful are discussed in today's earnings. The information contained in this call is accurate only as

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