LL Flooring climbs on plans to restart share buyback

Ll Flooring Holdings

13/12/2022 16:12

** Shares of home furnishing retailer LL Flooring Holdings
Inc  LL.N   RIC  up 8.1% at $6.58 
    ** Co sees its best day in more than six months
    ** LL Flooring says it plans to slow down on new store
openings and restart share repurchases in 2023 under its
existing buyback program  urn:newsml:reuters.com:*:nBw269jnVa
    ** Co expects to open three to four stores in 2023, compared
to 18 new stores it launched in 2022
    ** Including session's gain, stock is down 61.3% YTD 
 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))