Lumber Liquidators' (LL) turnaround is progressing well, leading to its stock surging significantly after its last earnings report. It also rose a bit more due to the expectations of a sales boost related to the hurricanes.
However, while Lumber Liquidators' growth is a bit better than I expected, its stock is pricing in a much stronger amount of growth and margin expansion. Hurricane related sales should improve Lumber Liquidators' results for the next few quarters, but that is a temporary effect.
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