Lumber Liquidators 2009 Annual Report Download - page 25

In addition, the stock market may experience significant price and volume fluctuations. These fluctuations may be
unrelated to the operating performance of particular companies but may cause declines in the market price of our common
stock. The price of our common stock could fluctuate based upon factors that have little or nothing to do with our company
or its performance.
Our quarterly operating results may fluctuate significantly and could fall below the expectations of research analysts and
investors due to various factors.
Our quarterly operating results may fluctuate significantly because of various factors, including:
• changes in comparable store net sales and customer visits, including as a result of declining consumer confidence
or the introduction of new products;
• the timing of new store openings and related sales and expenses;
• profitability of our stores, especially in new markets;
• the impact of inclement weather, natural disasters and other calamities;
• variations in general economic conditions, including the impact of interest rates on our interest income;
• changes in consumer preferences and discretionary spending;
• fluctuations in supply prices; and
• tax expenses, impairment charges and other non-operating costs.
As a result of these factors, results for any one quarter are not necessarily indicative of results to be expected for any
other quarter or for any year. Average store net sales or comparable store net sales in any particular future period may
decrease. In the future, operating results may fall below the expectations of research analysts and investors, which could
cause the price of our common stock to fall.
Item 1B. Unresolved Staff Comments.
None.
Item 2. Properties.
As of February 17, 2010, we operated 195 stores located in 46 states, including nine opened since December 31, 2009.
We lease all of our stores and our corporate headquarters located in Toano, Virginia, which includes our call center,
corporate offices, and distribution and finishing facility. Our corporate headquarters has 307,784 square feet, of which
approximately 32,000 square feet are office space, and is located on a 74-acre plot.
The table below sets forth the locations (alphabetically by state) of our stores in operation as of February 17, 2010.
State Stores State Stores State Stores State Stores
Alabama ......... 4 Iowa ............ 3 Nevada ............... 2 Rhode Island ........... 1
Arizona .......... 3 Kansas .......... 2 NewHampshire ........ 4 South Carolina ......... 4
Arkansas ......... 2 Kentucky ........ 3 NewJersey ............ 7 South Dakota .......... 1
California ........ 16 Louisiana ........ 4 NewMexico ........... 1 Tennessee ............. 4
Colorado ......... 4 Maine ........... 2 NewYork ............. 10 Texas ................. 15
Connecticut ....... 2 Maryland ........ 3 North Carolina ......... 7 Utah ................. 2
Delaware ......... 2 Massachusetts .... 4 North Dakota .......... 1 Vermont .............. 1
Florida ........... 14 Michigan ........ 5 Ohio ................. 6 Virginia ............... 7
Georgia .......... 7 Minnesota ....... 3 Oklahoma ............. 2 Washington ............ 6
Idaho ............ 1 Mississippi ....... 1 Oregon ............... 2 West Virginia .......... 2
Illinois ........... 6 Missouri ......... 3 Pennsylvania ........... 7 Wisconsin ............. 3
Indiana .......... 4 Nebraska ........ 2
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