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Baron Funds Comments on Lumber Liquidators Holdings

June 10, 2013 | About:

Lumber Liquidators Holdings, Inc.(LL) , the specialty retailer of hardwood floors, has been an incredible performer, rising another 33% in the first quarter, after gaining about 200% last year. The company continues to put up double digit comparable sales, with the wind at its back from the housing recovery and major improvements made to operations by the new management team. We are excited about the new store format that is about to be unveiled, and the potential to double store count over time. We think LL can continue to compound earnings at 20% plus going forward.

From Baron Funds’ first quarter 2013 commentary.

Rating: 2.5/5 (4 votes)

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