LL
LL Flooring Holdings, Inc.
Delisted
LL was delisted on the 9th of August, 2024.
About: LL Flooring Holdings Inc is a specialty retailer of hardwood flooring in North America. The firm operates across the U.S. and Ontario, Canada, through its retail store operations segment. Its products include foreign and domestic hardwood species, engineered hardwood, laminate, resilient-vinyl, bamboo, and cork flooring. The company derives the majority of its revenue from laminate, vinyl, engineered vinyl plank, and porcelain tile, followed by Solid and Engineered Hardwood. The firm also offers a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools. It targets do-it-yourself (DIY), do-it-for-me (DIFM), and commercial customers. Bellawood is a core brand of the company.
Employees: 2,109
Financial journalist opinion
Neutral
Business Wire
7 months ago
LL Flooring Completes Sale to F9 Investments
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (OTC Pink: LLFLQ), today announced that the Company has completed the previously announced going-concern sale of the business to F9 Investments for the acquisition of 219 stores, inventory in those stores, LL Flooring's intellectual property and other company assets. LL Flooring also today announced the completion of its previously disclosed private sale of the Sandston distribution center. With the comp.
Neutral
Business Wire
8 months ago
LL Flooring Signs Agreement with F9 Investments for Going-Concern Sale of Business
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (OTC Pink: LLFLQ), today announced that, as part of its ongoing Chapter 11 process, the Company has signed an agreement with F9 Investments for a going-concern sale of the business. Under the terms of the asset purchase agreement, F9 Investments will acquire 219 stores, inventory in those stores and in the Company's Sandston, Virginia, distribution center, LL Flooring's intellectual property and other co.
Neutral
Business Wire
8 months ago
LL Flooring Receives NYSE Notice of Delisting
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), today announced that the Company was informed on August 12, 2024 by the New York Stock Exchange (“NYSE”) that based on the Company's and certain of its direct and indirect subsidiaries' voluntary petitions for relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Chapter 11 proceedings”), the staff of NYSE Regula.
Negative
Fast Company
8 months ago
LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locations
Premier flooring retailer LL Flooring Holdings, Inc. has announced that it is filing for Chapter 11 bankruptcy and will be closing 94 of its stores across 31 states.
Negative
Fox Business
8 months ago
LL Flooring to close 94 stores as it files for bankruptcy
LL Flooring filed for Chapter 11 bankruptcy in Delaware on Sunday as the company aims to reduce its physical footprint and close certain stores while pursuing a going-concern sale.
Neutral
Business Wire
8 months ago
NYSE to Commence Delisting Proceedings Against LL Flooring Holdings, Inc. (LL)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of LL Flooring Holdings, Inc. (the “Company”) — ticker symbol LL — from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to NYSE Listed Company Manual Section 802.01D after the.
Neutral
Business Wire
8 months ago
LL Flooring Initiates Voluntary Chapter 11 Process
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), today announced that the Company and certain of its subsidiaries have commenced voluntary Chapter 11 reorganization proceedings in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). LL Flooring intends to use these proceedings to pursue a going-concern sale of its business. LL Flooring is generally operating in the normal course through this process and remains f.
Negative
Seeking Alpha
9 months ago
LL Flooring: The Founder Returns To Clean House
LL Flooring Holdings, Inc., rebranded from Lumber Liquidators in 2020, has been underperforming peers for years and facing bankruptcy rumors. Lumber Liquidators' founder Thomas Sullivan made multiple recent offers to buy the company and was rebuffed, but he just won a proxy battle and joined the Board. While the market has left the company for dead, Sullivan's solid plan to return the company to its profitable roots marks the start of a turnaround.
Neutral
Business Wire
9 months ago
F9 Investments' Three Director Nominees Tom Sullivan, Jason Delves and Jill Witter Elected to LL Flooring's Board of Directors
FRANKLIN, Tenn.--(BUSINESS WIRE)--F9 Investments, LLC (“F9”) today announced that, based on a preliminary tabulation of voting results, LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL) shareholders have elected all three F9 nominees—Tom Sullivan, Jason Delves, and Jill Witter—to serve as directors on LL Flooring's Board of Directors at the Company's 2024 Annual Meeting of Shareholders (the “Annual Meeting”). Mr. Sullivan stated: “We are deeply appreciative for the support.
Neutral
Business Wire
10 months ago
Urgent Change is Needed at LL Flooring: F9 Investments Sends Open Letter to Shareholders
FRANKLIN, Tenn.--(BUSINESS WIRE)--F9 Investments, LLC (“F9”), which together with its affiliates collectively owns approximately 8.85% of LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL) common stock and is the Company's largest shareholder, today sent an open letter to LL Flooring's shareholders urging them to cast their votes today “FOR” F9's three highly qualified director nominees – Tom Sullivan, Jason Delves, and Jill Witter – to join LL Flooring's Board of Directors.
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