Live Ventures

Live Ventures, Inc. is a holding company, which engages in the acquisition of domestic middle-market companies. It operates through the following segments: Retail, Flooring Manufacturing, Steel Manufacturing, and Corporate and Other. The Retail segment consists of Vintage Stock and ApplianceSmart. The Floor Manufacturing Segment includes Marquis Industries, Inc. which produces carpets, rugs, and hard surfaces. The Steel Manufacturing Segment focuses on Precision Industries, Inc., which produces alloy plate, tool steel plate, and ground flat stock, and The Kinetic Co., Inc. The Corporate and Other segment includes corporate general and administrative costs Salomon Whitney LLC (SW Financial), a variable interest entity (VIE), and operations of certain legacy product and service offerings. The company was founded in 1968 and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Live Ventures reports revenue growth but faces margin challenges

Live Ventures' Q2 2024 performance reflected revenue growth driven by acquisitions, though gross margins declined. The company faces challenges in managing expenses and improving profitability amidst a net loss.
Despite financial hurdles, Live Ventures showcased strengths in share repurchases, adaptability to market changes, and a strategic focus on long-term growth. Opportunities exist in optimizing product mix, debt reduction, and future acquisitions.

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Live Ventures Incorporated (NASDAQ:LIVE ) Q3 2024 Earnings Call August 8, 2024 5:00 PM ET Company Participants Greg Powell - Director, Investor Relations Jon Isaac - Chief Executive Officer and President David Verret - Chief Financial Officer Conference Call Participants Joseph Kowalsky - JD Investments Operator Welcome to the Live Ventures FY 2024 Third Quarter Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Greg Powell, Director of Investor Relations.

Live Ventures Incorporated (LIVE) Q3 2024 Earnings Call Transcript

LAS VEGAS, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its third fiscal quarter ended June 30, 2024.

Live Ventures Reports Fiscal Third Quarter 2024 Financial Results

LAS VEGAS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal third quarter ended June 30, 2024, before market open on Thursday, August 8, 2024. The Company will hold a conference call to discuss the results on Thursday, August 8, 2024, at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time).

Live Ventures to Issue Fiscal Third Quarter 2024 Financial Results and Hold Earnings Conference Call on August 8, 2024

LAS VEGAS, June 13, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company (“Live Ventures” or the “Company”), today announced that its subsidiary, Flooring Liquidators, Inc. (“Flooring Liquidators”) has opened a 60,000 square foot store in Springfield, Missouri. This branded Flooring Liquidators store is its largest store and will serve as a distribution center for its future stores in the Midwest, as well as its branded Gary's Floor and Home stores in Arkansas. At this new location, customers can shop from a full line of laminate, carpet, hardwood, natural stone and ceramic tile, luxury vinyl tile flooring, and a range of quality countertops.

Live Ventures Subsidiary Flooring Liquidators Announces Opening of its Largest Store in Springfield, Missouri

LAS VEGAS, June 07, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company (“Live Ventures” or “Company”), today announced that its Board of Directors approved a new stock repurchase program authorizing the Company to repurchase up to $10 million of the Company's outstanding shares of common stock. This new repurchase program replaces the previous program that expired on June 1, 2024, and will remain effective until May 31, 2025, unless extended, canceled, or modified by the Company's Board of Directors. The shares may be repurchased at management's discretion from time to time in open market transactions, including through block purchases, through privately negotiated transactions, or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Live Ventures Announces New $10 Million Common Stock Repurchase Program

LAS VEGAS, May 17, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company (“Live Ventures” or “Company”), announced today that it has acquired Central Steel Fabricators, LLC (“CSF”), a Chicago-based manufacturer of specialized fabricated metal products primarily for data centers and the communications industry.

Live Ventures Announces Acquisition of Data Center Product Manufacturer Central Steel Fabricators

Live Ventures Incorporated (NASDAQ:LIVE ) Q2 2024 Earnings Conference Call May 13, 2024 5:00 PM ET Corporate Participants Greg Powell - Director, Investor Relations David Verret - Chief Financial Officer Jon Isaac - President and Chief Executive Officer Conference Call Participants Joseph Kowalsky - Upstream Investment Partners Operator Good day, everyone, and welcome to today's Live Ventures Second Quarter Conference Call. At this time, all participants are in a listen-only mode.

Live Ventures Incorporated (LIVE) Q2 2024 Earnings Call Transcript

LAS VEGAS, May 13, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its second fiscal quarter ended March 31, 2024.

Live Ventures Reports Fiscal Second Quarter 2024 Financial Results

LAS VEGAS, May 06, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal second quarter ended March 31, 2024, before market open on Monday, May 13, 2024. The Company will hold a conference call to discuss the results on Monday, May 13, 2024, at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time).

Live Ventures to Issue Fiscal Second Quarter 2024 Financial Results and Hold Earnings Conference Call on May 13, 2024

Lumber Liquidators

RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today provided an update on its previously announced strategic alternatives review process and separately announced a cooperation agreement signed with Live Ventures Incorporated (“Live Ventures”) (NASDAQ:LIVE), a diversified publicly traded holding company, and Isaac Capital Group regarding director nominations to the Company's Board of Directors. Strategic Alternatives Review Process As part of.

LL Flooring Provides Update on Strategic Alternatives Review

LAS VEGAS, April 16, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company (“Live Ventures”), announced today that its subsidiary, Vintage Stock Inc. (“Vintage Stock”), has opened its 72nd store in Chattanooga, TN. The new Vintage Stock branded store is a unique addition to the Hamilton Place Shopping Center. This location not only marks Vintage Stock's first store east of the Mississippi but also signifies a significant step in Vintage Stock's expansion into the Southeastern U.S., with a store in Huntsville, AL, expected to open in approximately 60 days. Vintage Stock is an award-winning specialty entertainment retailer with stores across the U.S. under the following brand names: Vintage Stock, Movie Trading Company, EntertainMart, and V-Stock.

Live Ventures Subsidiary Vintage Stock Announces Opening of its 72nd Store in Chattanooga, Tennessee

Live Ventures Incorporated (LIVE) Q1 2024 Earnings Call Transcript

Live Ventures Incorporated (LIVE) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of $1.44. This compares to earnings of $0.60 per share a year ago.

Live Ventures Incorporated (LIVE) Reports Q1 Loss, Tops Revenue Estimates

LAS VEGAS, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its first fiscal quarter ended December 31, 2023.

Live Ventures Reports Fiscal First Quarter 2024 Financial Results

LAS VEGAS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal first quarter ended December 31, 2023, prior to market open on Thursday, February 8, 2024. The Company will hold a conference call to discuss the results on Thursday, February 8, 2024, at 2:00 p.m. Pacific time (5:00 p.m. Eastern time).

Live Ventures to Issue Fiscal First Quarter 2024 Financial Results and Hold Earnings Conference Call on February 8, 2024

Live Ventures Incorporated (LIVE) Q4 2023 Earnings Call Transcript

LAS VEGAS, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal year ended September 30, 2023.

Live Ventures Reports Fiscal Year 2023 Financial Results

LAS VEGAS, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced a new date for its earnings release for its fiscal full year ended September 30, 2023 to Wednesday, December 20, 2023, prior to market open. The Company will host its conference call on Wednesday, December 20, 2023 at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.

Live Ventures Announces New Date for Fiscal Full Year 2023 Financial Results and Earnings Conference Call

LAS VEGAS, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal full year ended September 30, 2023, before the opening of the NASDAQ Stock Market on Thursday, December 14, 2023. The Company will also host a conference call to discuss the results.

Live Ventures to Release Fiscal Full Year 2023 Financial Results and Hold Earnings Conference Call on December 14, 2023

LL Flooring Holdings Inc. LL, +42.66% rallied Thursday after Live Ventures Inc. LIVE, +0.39% offered $5.85 a share cash for the company. LL shares surged as much as 52% to an intraday high of $4.45 following the offer.

LL Flooring's stock rallies 50% following Live Ventures buyout offer

LAS VEGAS--(BUSINESS WIRE)--Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company specializing in the retail and flooring industries, today released the below correspondence sent to LL Flooring Holdings, Inc. (NYSE: LL), which details Live Ventures Incorporated's $5.85 per share all-cash acquisition proposal. *** October 11, 2023 Board of Directors (the “Board”) LL Flooring Holdings, Inc. 4901 Bakers Mill Lane Richmond, Virginia 23230 Attn: Nancy M. Taylor, Chairperson of the.

Live Ventures Submits Proposal to Acquire LL Flooring for $5.85 Per Share in Cash

Adds four major flooring brands to its subsidiary Marquis Industries, doubles salesforce Adds four major flooring brands to its subsidiary Marquis Industries, doubles salesforce

Live Ventures Acquires Naturally Aged Flooring, Harris, Kraus, and Heritage Mill Wood Flooring Brands from Q.E.P.

Live Ventures Incorporated (NASDAQ:LIVE ) Q3 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Greg Powell - Director of Investor Relations Jon Isaac - President, Chief Executive Officer and Director David Verret - Chief Financial Officer Eric Althofer - Chief Operating Officer Conference Call Participants Theodore O'Neill - Litchfield Hills Research Operator Good day, everyone, and welcome to today's Live Ventures Incorporated 2023 Third Quarter Earnings Call. at this time all participants are in a listen-only mode.

Live Ventures Incorporated (LIVE) Q3 2023 Earnings Call Transcript

Live Ventures Incorporated (LIVE) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.11 per share a year ago.

Live Ventures Incorporated (LIVE) Q3 Earnings and Revenues Miss Estimates

LAS VEGAS, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal third quarter ended June 30, 2023.

News for Live Ventures Stock (LIVE)