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"While the housing market continues to be very depressed, there were seasonal improvements in demand and a few encouraging signs that the housing market is beginning to recover," CEO Rick Frost said.
For the first nine months, LP reported sales of $780 million, down 30.7% from the first nine months of 2008. The company reported a loss from continuing operations of $70.2 million, as compared to $225.7 million a year ago.