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LL - Lumber Liquidators: A Proxy Fight In The Making
Lumber Liquidators Holdings Inc
Over the last few years, Lumber Liquidators (LL) has faced many adversities. There have been lawsuits, fines, tariffs, and management changes. The company has lost money. Lots of it. It has announced a loss every year since 2014, accumulating to over $200 million.
I have been bullish on the company. Expecting a recovery. I have written several positive articles about Lumber Liquidators. It seemed like a rebound was always just around the corner. And, possibly, it still is.
But one cannot help but feel a tinge of resentment towards how shareholders have been treated