This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lumber Liquidators' CEO Presents At Goldman Sachs 2012 Global Retailing Conference (Transcript)

Dan Terrell has been with Lumber Liquidators since 2004, he has been the CFO for almost six years. Rob joined the company only in January of 2011, so nearly two years ago. He has been the CEO since January of this year. He came to this role from Orchard Supply Hardware where he was President and Chief Executive Officer, and prior to that among other places he worked at Home Depot and Wal-Mart. So with that I will turn it over to Rob.

Robert Lynch

Thanks, Matt. I hate to admit the Home Depot experience. Thank you very much and good morning everyone. We are excited and honored to be here with you this morning. And in terms of a little background, Lumber Liquidators is the largest specialty retailer of hardwood flooring in the United States. And our industry best value proposition of best price, best selection, best quality, best availability of product and best people is the key driver of our business and really differentiates us from all of our competitors.

Additionally, recently our strong store model and our recent investments in infrastructure have allowed us to increase net sales and profitability as Matt mentioned, by increasing market share in a very highly fragmented, still highly fragmented wood flooring market. In 2012 we have focused on five key initiatives that the team is driving on growing revenue, continuing to improve our sourcing, optimizing our supply chain, driving traffic through increased advertising reach frequency and urgency, and developing the best people to serve our customers.

We also are relentlessly committed to driving continuous improvement in all that we do and are working together as a team with a unified vision and strategy, and initiatives. And this goes from all of our store managers and every associate in our stores, all the way up to the senior team. So really with that, Matt, I would like to just turn it back to you for any questions.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
GOOG $683.57 0.00%
FB $104.07 0.00%
YHOO $27.97 0.00%
TSLA $162.60 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs