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Forbes Names Lumber Liquidators #1 Best Small Company Of 2009

By FAF Staff Writer, (431 words) Posted in Hardwood Flooring on October 20, 2009
There are (35) comments permalink

Lumber Liquidators, the largest online flooring store specializing in hardwood flooring, was recently named number one best performing small company of 2009 by Forbes Magazine. This is the first time Lumber Liquidators has been recognized by Forbes Magazine in its annual “America’s 200 Best Small Companies” list. Lumber Liquidators has more than 180 stores on top of its ecommerce website and carries many hardwood, laminate, bamboo and cork floor products.

TOANO, Va., Oct. 19 / PRNewswire-FirstCall/ –– Lumber Liquidators, Inc., (NYSE: LL) the largest specialty retailer of hardwood flooring in the U.S., today announced that it has been recognized by Forbes Magazine as the number one best performing company in the magazine's list of "America's 200 Best Small Companies Of 2009." This is the first year that the Company has been included in the annual list.

"We are honored to be named the #1 Best Small Company in America by the prestigious Forbes Magazine," said Jeffrey W. Griffiths, President and Chief Executive Officer. "This achievement represents the hard work and dedication of all of our employees who are the foundation of our success. We look forward to continuing to leverage the Lumber Liquidator's value proposition to drive growth and gain market share within the hardwood flooring industry."

Forbes' list of 200 Best Small Companies in America is comprised of companies that have shown both sales and earnings growth. Candidates must have annual revenue between $5 million and $750 million, be publicly traded for at least a year, and have a stock price no lower than $5. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. Each company's stock performance was also compared with those of its peers.

The list is featured in the November 2nd issue of Forbes Magazine.

About Lumber Liquidators, Inc.

Lumber Liquidators is the largest specialty retailer of hardwood flooring in the United States. With more than 180 stores and 150 varieties of flooring, including solid and engineered hardwood, bamboo, cork and laminate, and featuring premier brands such as Bellawood (which features a 50–year warranty), Dream Home, Schon, Virginia Mill Works, and Morning Star, Lumber Liquidators has one of the most extensive selections of prefinished and unfinished hardwood flooring in the industry. Its hardwood line is made up of more than 25 domestic and exotic wood species in both prefinished and unfinished brands of various lengths and widths. For more information, visit www.lumberliquidators.com.

While keeping costs down is part of the Company's philosophy, Lumber Liquidators is also committed to offering high–quality, name–brand products that it stands behind with confidence.

For further information contact:

Lumber Liquidators, Inc.
Daniel Terrell/Ashleigh McDermott
Tel: 757.566.7512

or

FD
Leigh Parrish/Jessica Greenberger
Tel. 212.850.5600

SOURCE Lumber Liquidators, Inc.

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