Retail Flooring Segment Drives Q1 Sales Loss for Live Ventures

Flooring Liquidators parent company Live Ventures (Las Vegas, Nev.) reported sales of $108.5 million for the first quarter of 2026, down 2.7% from $111.5 million the same period last year. The company reported a net loss of $64 million and a diluted loss per share of $0.80 for this year’s first quarter, compared with a net income of $492 million and diluted earnings per share of $5.05 for the same time last year.

Net loss for the company’s retail flooring segment was $3.688 million for the quarter, an increase from a net loss of $2.173 million the year before.

“This quarter demonstrated both the resilience of our business model and the ongoing challenges in the retail-flooring market,” President and Chief Executive Officer of Live Ventures Jon Isaac said. “We are focused on reducing costs and improving operations across our businesses, and we are pleased with the operating improvements in our retail-entertainment and flooring manufacturing segments. We remain committed to building on that progress in the second half of the fiscal year while driving further efficiencies in our Retail-Flooring business.”

Read the full report here.

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