FX.co ★ LL Flooring Holdings, Inc. Q4 Loss Climbs

LL Flooring Holdings, Inc. has reported an increased loss in its fourth-quarter results compared to the past year. The company's net loss amounted to $17.9 million, or $0.62 per share, compared to a loss of $15.1 million, or $0.53 per share, in the previous year's fourth quarter.

When excluding certain financial factors, LL Flooring Holdings, Inc.'s adjusted net loss reached $18.4 million or $0.64 per share for the same period. The company's revenue for the quarter has also seen a decrease, slumping by 19.7% to $211.8 million from $263.9 million a year ago.

To provide a summarized view of the LL Flooring Holdings, Inc's financial performance (GAAP), the company saw a Q4 net loss of $17.9 million against the previous year's $15.1 million. The per-share loss for this quarter was $0.62, an increase from $0.53 last year. Fourth quarter revenue also took a hit, down from $263.9 million last year to the current $211.8 million.