Live Ventures Q2 revenue falls 3.8% on weak flooring demand

Live Ventures

14/05/2026 13:38

Overview

US diversified holding company reported fiscal Q2 revenue down 3.8% yr/yr

Company posted net loss and negative EPS, impacted by $4 mln goodwill impairment charge

Revenue decline driven by weakness in Retail-Flooring and macroeconomic headwinds in housing markets

Outlook

Company says macroeconomic headwinds continue to impact new-home construction and home-refurbishment markets

Live Ventures plans to drive further efficiencies in Retail-Flooring segment in second half of fiscal yr

Company focused on reducing costs and improving operations across all business segments

Result Drivers

RETAIL-FLOORING WEAKNESS - Revenue decline was mainly due to lower retail and contractor sales in Retail-Flooring, attributed to continued headwinds in new-home construction and home-refurbishment markets

GOODWILL IMPAIRMENT - Operating loss was driven by a non-cash goodwill impairment charge of $4 mln in the Steel Manufacturing segment

RETAIL-ENTERTAINMENT GROWTH - Retail-Entertainment segment saw revenue growth due to strong consumer demand and disciplined expense management

Company press release: ID:nGNX8XHV9b

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$102.90 mln
Q2 EPS
-$0.80
Q2 Net Income
-$2.45 mln
Q2 Adjusted EBITDA
$5.88 mln
Q2 Operating Income
-$2.009 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)