Added to YB: 2024-08-07
Pitch date: 2024-08-06
LL [bullish]
LL Flooring Holdings, Inc.
-100%
current return
Author Info
No bio for this author
Company Info
LL Flooring Holdings, Inc., together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories.
Market Cap
$293.00
Pitch Price
$0.88
Price Target
24.00 (+239999900%)
Dividend
N/A
EV/EBITDA
-11.93
P/E
-0.00
EV/Sales
0.28
Sector
Specialty Retail
Category
turnaround
A Deep Dive into LL Flooring's Potential for a 30x Return
$LL: Ex-founder wins proxy fight for board seats. Trades at 0.03x sales vs. 1x norm. $145M inventory, $75M property. Cyclical biz benefits from rate cuts. Sales -20%, but margins OK. New marketing plan to rebrand as Lumber Liquidators. $90M debt, near covenant breach. High risk/reward: potential 30x return or bankruptcy. WSJ sparked fears pre-vote.
Read full article (2 min)