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Tag Archives: financials

Lumber Liquidators Sales Up in Third Quarter

Lumber Liquidators reported net sales increased $50 million, or 24.5 percent, to $254.3 million in the third quarter of 2013 from $204.3 million in the third quarter of 2012. Comparable-store net sales increased 17.4 percent for the quarter, driven by a 9.8 percent increase in …

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Feds Raid Lumber Liquidators Headquarters

Federal investigators raided the offices of Lumber Liquidators on Thursday and sealed search warrants were executed at the company’s corporate offices in Toano and Richmond, Va., by the Department of Homeland Security’s Immigration and Customs Enforcement and the U.S. Fish …

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Lowe’s Comp-Store Sales Up 9.6% in Second Quarter

Lowe's Canada

Increased demand for home improvement products led Lowe’s to a jump in comparable-store sales in the second quarter, the company reported. Its comparable-store sales for the quarter increased 9.6 percent; over the past six months, comparable-store sales grew by 4.6 …

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Home Depot’s Same-Store Sales Jump in Second Quarter

The recovering housing market coupled with rebounding sales in seasonal categories contributed to Home Depot’s U.S. comparable-store sales increasing by a double-digit percentage in the second quarter, the company said. Comparable-store sales for the second quarter of fiscal 2013 were …

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Rona’s Comp-Store Sales Down in Second Quarter

Canadian home-improvement retailer Rona Inc. reported a drop in same-store sales for the second quarter due to “relatively difficult market conditions” and several store closures, according to the company. The retailer’s same-store sales were down 1.0 percent, due to a …

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Ace’s Same-Store Sales Up in Second Quarter

Ace Hardware reported total revenues of $1.2 billion for the second quarter, up 9.7 percent from the same period last year, which the co-op attributes to sales increases “in virtually every department” at both the wholesale and retail levels. Same-store …

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Stock Building Supply Closes Initial Public Offering

Stock Building Supply closed its previously announced underwritten initial public offering of 7 million shares of its common stock at a price to the public of $14 per share. The company sold 4,411,765 shares and certain selling stockholders sold 2,588,235 …

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