The continued deterioration in Retail-Flooring (-26.2% revenue) and the $4.0M goodwill impairment in Steel Manufacturing signal structural headwinds that cost-cutting alone may not resolve. Monitor the Q3 2026 filing for further impairment risk in Steel Manufacturing (goodwill now $57.1M) and any stabilization in the housing/refurbishment markets that drive Retail-Flooring demand.
Price Chart
Executive Summary
Live Ventures reported fiscal Q2 2026 results with revenue declining 3.8% YoY to $102.9M and a net loss of $2.4M (diluted EPS -$0.80) vs net income of $15.9M (EPS $5.05) in the prior year. The results were impacted by a $4.0M non-cash goodwill impairment in Steel Manufacturing and continued weakness in Retail-Flooring (-26.2% revenue), partially offset by growth in Retail-Entertainment (+14.8%) and Flooring Manufacturing (+24.0% operating income). Adjusted EBITDA fell 8.8% to $5.9M.
Key Financial Metrics
Key Facts
- Revenue declined 3.8% YoY to $102.9M from $107.0M
- Net loss of $2.4M vs net income of $15.9M in prior-year period
- Diluted EPS of -$0.80 vs $5.05 in prior-year period
- Non-cash goodwill impairment of $4.0M in Steel Manufacturing segment
- Retail-Flooring segment revenue down 26.2% YoY to $20.2M
- Retail-Entertainment segment revenue up 14.8% YoY to $21.2M
- Adjusted EBITDA decreased 8.8% to $5.9M from $6.4M
- Operating loss of $2.0M vs operating income of $2.1M in prior-year period
- Total cash availability of $39.8M ($15.2M cash + $24.6M credit lines)
- Stockholders' equity declined to $92.9M from $95.3M at September 30, 2025
Financial Impact
Revenue decline of $4.1M (-3.8%), net loss swing of $18.3M vs prior-year net income, goodwill impairment of $4.0M
Risk Factors
- Further goodwill impairment charges in Steel Manufacturing segment
- Continued weakness in new-home construction and home-refurbishment markets pressuring Retail-Flooring
- Declining stockholders' equity ($92.9M vs $95.3M) and retained earnings drawdown
- High leverage with $50.3M long-term debt plus $32.5M current portion against $92.9M equity
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-016932 |
| Document: live20260429_8k.htm | 0001437749-26-016932 |
| Document: 0001437749-26-016932-index-headers.html | 0001437749-26-016932 |
| Document: 0001437749-26-016932-index.html | 0001437749-26-016932 |
| Document: 0001437749-26-016932.txt | 0001437749-26-016932 |
| 8-K Data (Synthetic) | 0001437749-26-016932 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | EFFECT | $8.77 $7.60 | ▲ +13.35% | ▲ +12.16% | $7.43 (+15.28%) |
Aug 28, 2026 5w ago | S-3/A | $9.19 $7.50 | ▼ −18.39% | ▼ −18.65% | $7.43 (−19.15%) |
Aug 27, 2026 5w ago | 8-K | $9.31 $7.77 | ▼ −16.54% | ▼ −16.03% | $7.43 (−20.19%) |
Jun 18, 2026 15w ago | S-3 | $10.30 $10.73 | ▲ +4.17% | ▲ +3.64% | $7.43 (−27.86%) |
May 14, 2026 20w ago | 8-K | $10.24 $9.90 | ▲ +3.32% | ▲ +2.46% | $7.43 (+27.44%) |
May 14, 2026 20w ago | Press Release | $10.24 $9.90 | ▲ +3.32% | ▲ +2.46% | $7.43 (+27.44%) |
US Market Status
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