Lumber Liquidators Announces Third Quarter 2010 Financial Results: EPS of $0.15

Lumber Liquidators LL, the largest specialty retailer of hardwood flooring in the U.S., today announced financial results for the third quarter and nine months ended September 30, 2010. Net income decreased 44.8% to $4.3 million, or $0.15 per diluted share, in the third quarter of 2010 from $7.8 million, or $0.28 per diluted share, in the third quarter of the prior year. The effective tax rate was 38.7% in the third quarter of 2010 compared with 38.3% in the third quarter of 2009.
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