Lumber Liquidators boosts revenue, profit

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Hardwood floor retailer Lumber Liquidators reported a 14.2 percent increase in sales during the third quarter.

The Toano-based company said revenues were $140.5 million for the quarter, compared with $123.1 million during the third quarter of 2008. The company opened nine new stores during the quarter.

Net income increased 42.1 percent to $7.8 million from $5.5 million last year.

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