The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has La-Z-Boy (LZB) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different sto ...

La-Z-Boy (LZB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. Therefore, the Zacks rating upgrade for La-Z-Boy basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. Fundamentally speaking, rising earnings estimates and the consequent rating ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. One company to watch right now is LaZBoy (LZB) . LZB is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 13.73, which compares to its i ...

LaZBoy (LZB) : This company which is one of the world's leading residential furniture producers, marketing furniture for every room of the home, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days. See the full list of top ranked stocks here. Navios Maritime Partners (NMM) : This company which is an international owner and operator of dry cargo vessels, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Co ...

La-Z-Boy Incorporated (NYSE:LZB) Q4 2024 Earnings Conference Call June 18, 2024 8:30 AM ET Melinda Whittington - President, Chief Executive Officer Bob Lucian - Senior Vice President, Chief Financial Officer Mark Becks - Director of IR & Corporate Development Brad Thomas - KeyBanc Capital Market Bobby Griffin - Raymond James Good morning, everyone. Welcome to the La-Z-Boy Fiscal 2024 Fourth Quarter Conference Call. At this time, all participants are in a listen-only mode and we will be opening for questions ...

La-Z-Boy reported adjusted earnings of 95 cents per share, beating the Zacks Consensus Estimate of 68 cents per share. However, the bottom line declined 4% from 99 cents per share reported a year ago. Retail: Delivered sales fell 6% to $228 million from the prior year's levels, which included the completion of pandemic-related backlog deliveries. However, the reported figures show a 50% increase from pre-pandemic fourth-quarter fiscal 2019 tally. The segment's non-GAAP operating margin contracted 130 basis ...

Over the last four quarters, the company has surpassed consensus EPS estimates three times. La-Z-Boy (LZB) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.99 per share a year ago. These figures are adjusted for nonrecurring items. La-Z-Boy, which belongs to the Zacks Furniture industry, posted revenues of $553.54 million for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 6.70%. This compar ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 COMMISSION FILE NUMBER 1-9656 LA-Z-BOY INCORPORATED (Exact name of registrant as specified in its charter) Michigan 38-0751137 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One La-Z-Boy Drive, Monroe, Michigan 48162-5138 (Address of principal executive offices) (Zip Code) FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

EXHIBIT 99.1 La-Z-Boy Incorporated Reports Solid Fourth Quarter and Full Year Results; Operating Cash Flow of $158 million for the Full Year Fiscal 2024 Fourth Quarter Highlights: Fiscal 2024 Highlights: MONROE, Mich., June 17, 2024 -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today reported fourth quarter and full year results for the period ended April 27, 2024. For the quarter, sales totaled $554 million, a decrease of 1% against a year ago ...

Liquidity Measures: (Unaudited, amounts in thousands) 4/27/2024 4/29/2023 Cash and cash equivalents $ 341,098 $ 343,374 Restricted cash — 3,304 Total cash, cash equivalents and restricted cash $ 341,098 $ 346,678 Fiscal 2024 Fourth Quarter Results versus Fiscal 2023 Fourth Quarter: Consolidated sales in the fourth quarter of Fiscal 2024 decreased 1% to $554 million versus last year. Sales in the fourth quarter of Fiscal 2023 included the delivery of a significant backlog resulting from heightened demand in ...