Lumber Liquidators buckles
The hardwood flooring retailer earned 64 cents a share minus 1-time items in Q4, down 14% from a year earlier and 12 cents below forecasts. Lumber Liquidators (LL) revenue grew 5.2% to $272 mil, missing views of $279.5 mil. The company forecast full-year '15 earnings of $2.50-$3 a share, the midpoint below views for $2.96. It also faces probes by both the SEC and DOJ as well as an unfavorable feature on the "60 Minutes" TV show. Shares plunged 26.4% to 50.63.