LL Flooring, formerly Lumber Liquidators, reported a net income of $11.9 million in the second quarter of 2021, a 354% increase in profit compared with the company’s net income of $2.6 million in the second quarter of 2020.
Net sales increased 30.9% compared with the same period last year to $301.4 million, a 4.4% increase compared with the second quarter of 2019.
The company credited the increases in part to the continued strong demand for home improvement projects since the pandemic.
“As we look ahead, we are encouraged by the increasing traction we are gaining on our transformation that will position us well for sustainable long-term growth,” President and CEO Charles Tyson added in a statement.
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