Lumber liquidators vs home depot. The objective of every homeowner who is going through a home renovation process should be to obtain high-quality materials at a reasonable price. So, in this LL Flooring vs Home Depot comparison, we will see which one of these stores can offer you superior flooring alternatives.
When it comes to basement renovations, waterproof flooring might be required while if you are just updating your bedroom, the flooring material does not have to be resistant to heavy usage or direct exposure to water.
If you are not sure where to purchase flooring materials, try your local home improvement store. They will have a wide selection of flooring models to choose from so that you can find the one that best suits the needs of your project.
We will compare the features and pricing of a variety of flooring products from our team’s previous projects, as well as from manufacturers such as Lowes, Home Depot, and Menards.
What Are The Main Differences Between LL Flooring And Home Depot?
The most significant distinctions between Home Depot and LL Flooring are as follows:
- You may get only flooring products from LL Flooring, whereas Home Depot sells all types of home renovation supplies.
- It was 1993 when Lumber Liquidators was founded, whereas Home Depot was founded in 1978.
- 415 North American Flovent stores are run by LUT, whereas Home Depot has 2,291 stores in the United States, Mexico, Canada, China, and India.
- Because of this, HD supply is not a significant competitor for Hardwood Flooring Direct; however, as the fifth worldwide retailer, Home Depot is a growing threat.
- The LL FLOORING category includes premium flooring alternatives, whereas the HOME DEPOT offers a wider range of low-cost flooring choices.
What Do You Mean By Lumber Liquidators Or LL Flooring?
Lumber Liquidators is a publicly-traded firm that sells hard-surface flooring in over 413 stores and more than 2,200 employees across 46 states. Lumber Liquidators carry seven distinct types of flooring as well as flooring accessories.
The name LL Flooring was added by Lumber Liquidators in April 2020 to reflect the company’s diverse range of products. The firm still utilizes both names, but it is more common for people to say “LL Flooring.”
Lumber Liquidators Background
Lumber Liquidators was founded in 1993 by Tom Sullivan, a building contractor. Sullivan acquired excess wood from bankruptcies, auctions, overstock inventories, and other liquidators, then sold it to the public from a trucking yard in Stoughton, Massachusetts. Lumber Liquidators initially specialized in heavy-duty building wood, such as pickets, framing, fencing, and six-by-sixes.
In 2004, Lumber Liquidators opened its first general store in Boston’s Roxbury neighborhood and three years later, it relocated to its first dedicated location in Massachusetts’ Brookline district, where it began selling solid hardwood flooring as the primary offering. Throughout the Boston region, oak flooring was heavily advertised for a price of $0.99 per square foot.
Lumber Liquidators broadened its product offerings to cover a wider range of flooring as it grew in popularity. To reflect the company’s expanded product lines, the slogan “Hardwood Floors For Less!” was altered to “Flooring Company.” Sullivan departed the firm in 2017 to pursue other interests. Charles E. Tyson is the current President and CEO of Lumber Liquidators.
Lumber Liquidators Products And Services
Solid Hardwood Flooring
Solid hardwood flooring is still the primary feature of Lumber Liquidators. Solid hardwood house brands include Bellawood, Builder’s Pride, Virginia Mill Works, and Mayflower. The cost per square foot ranges from $3 to $10. Pre-finished solid hardwood and low-cost unfinished utility-grade wood floors are available in both unfinished and pre-finished versions.
Engineered Wood Flooring
Lumber Liquidators has a wide selection of engineered wood floors, starting at $2 per square foot and going up to $7 per square foot.
Lumber Liquidators laminate flooring, which includes thick 12 to 14 mm laminate for about $1 per square foot to around $3 per square foot, is a great value.
At present, the company produces bamboo flooring for homes ranging from $2 to $4 per square foot. Hard, long-lasting strand-woven bamboo is also available.
Luxury Vinyl Plank (LVP) Flooring
Lumber Liquidators stocks a variety of high-quality luxury vinyl plank flooring, as well as engineered waterproof vinyl planks (EWVP) in the United States. From around $1 to $4 per square foot, prices vary. Sheet vinyl flooring is not offered by the firm.
Porcelain And Ceramic Tile
Lumber Liquidators offers wood-look and stone-look ceramic tile, which is mostly used in the kitchen. Tile costs range from approximately $1 to approximately $5 per square foot.
Lumber Liquidators sells 21 varieties of cork flooring, ranging in price from $1 to $4 per square foot.
Butcher Block Countertops
Countertops are one of the newest products to Lumber Liquidators/LL Flooring’s line. The company, which is based on a wood-derived foundation and sells woodblock countertops, is true to its origin.
Flooring Installation Materials And Flooring Peripherals
Trim, moldings, cleaners, stair treads and risers, vents, grilles, adhesives, and underlayments are just a few of the products available at Lumber Liquidators. The majority of the fundamental materials, equipment, and supplementary goods for flooring may be bought here.
Other Services And Details
Lumber Liquidators/LL Flooring does not install flooring, although it does refer you to a network of independent contractors that can do so.
So, there you have it, folks. Lumber Liquidators are presently expanding at a breakneck pace and without sacrificing profitability. Based on this alone, the firm is a great takeover target for a bigger player like Home Depot or Lowe’s. The disadvantage of this is that any acquisition would need to be paid a significant premium above what Lumber Liquidators may be worth.
Investors should be hesitant to invest in an organization that has a three-year horizon, especially if the owner intends to sell it anytime soon. However, this does not negate the idea that it may be a good investment to buy into the company with the expectation that its rapid growth and relatively generous margins will pay off in time. Unless the firm deteriorates, this prospect appears to be quite promising.