RebuildLLAdmin
Keymaster
Post count: 5

The worrying aspect is this:

From the LL 2018 Annual Report

“the overall flooring industry has grown at a compound annual growth rate of 5.4% from 2012 through 2017. Over the same period, hardwood, laminate and vinyl flooring sales, including the cost of installation grew at a compound annual growth rate of 8.3%. ”

In this same period, LL has grown at a considerably slower pace. The 2% expectation for growth in 2019 is troubling because all the competitors are expected to grow faster. The problem is not macro related, but company specific. This is why we need a clear plan to shock this company back to life.