MONROE, Mich., Dec. 16, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE:LZB) is pleased to announce that its Board of Directors has approved, effective December 11, 2024, the following changes as part of the Board’s periodic evaluation of its leadership structure: Melinda Whittington, La-Z-Boy Incorporated President and Chief Executive Officer and a member of its Board, has been elected to serve additionally as Chair of the Board.Michael Lawton, who has served as Chair of the Board since May 2022, will ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. La-Z-Boy (LZB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.La-Z-Boy is one of 270 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #6 within t ...

La-Z-Boy Incorporated (LZB) posted decent second-quarter fiscal 2025 (ended Oct. 26, 2024) results, with earnings and sales beating the Zacks Consensus Estimate.The top line increased year over year, driven by higher delivered volume in the Retail segment, supported by growth from new and acquired stores. Written sales trends also remained solid, with the strongest performance during the Labor Day period. This was fueled by increased consumer traffic and strong in-store execution.Stay up-to-date with all qu ...

La-Z-Boy (LZB) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.23%. A quarter ago, it was expected that this furniture company would post earnings of $0.62 per share when it actually produced earnings of $0.62, delivering no surprise.Over the last four quarters, the company has surp ...

In the United States, at least, one of the most iconic furniture brands out there is undoubtedly La-Z-Boy (NYSE: LZB ). In general, I do try to stay away from companies in the retailCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussio ...

Company Overview - La-Z-Boy Incorporated is a vertically integrated furniture retailer and manufacturer, known for its iconic recliner invented in 1927, and is committed to quality and consumer compassion [3]. Upcoming Financial Results - La-Z-Boy will report its Fiscal 2025 Second Quarter results for the period ended October 26, 2024, after the close of trading on November 19, 2024 [1]. - The quarterly investor conference call is scheduled for 8:30 a.m. Eastern Time on November 20, 2024 [1]. Conference Call Details - The conference call will be webcast live with corresponding slides available at https://lazboy.gcs-web.com/ [2]. - Dial-in numbers for the live conference call are (888) 506-0062 for U.S. and Canada callers, and (973) 528-0011 for international callers, with a participant access code of 770725 [2]. Retail and Wholesale Segments - The Retail segment includes approximately 190 company-owned La-Z-Boy Furniture Galleries® stores, part of a network of over 350 stores nationwide [4]. - Joybird®, an e-commerce retailer and manufacturer of modern upholstered furniture, operates 12 stores in the U.S. [4]. - The Wholesale segment manufactures custom furniture for its Furniture Galleries® and various retail channels, including brands like England Furniture Co., Kincaid®, American Drew®, and Hammary® [4].

Core Insights - La-Z-Boy Incorporated has opened a newly renovated showroom at High Point Market, showcasing its commitment to comfort and innovation across generations [1][2] - The showroom renovation is part of the company's Century Vision strategy, aimed at enhancing brand experience and product offerings [1][2] - The investment reflects La-Z-Boy's financial stability despite challenging industry and macroeconomic conditions [2] Company Overview - La-Z-Boy Incorporated is a global leader in residential furniture manufacturing and retail, known for its iconic recliner invented in 1927 [3] - The company operates a vertically integrated business model, focusing on quality and consumer compassion [3] Retail Segment - The Retail segment includes approximately 190 company-owned La-Z-Boy Furniture Galleries® stores, part of a broader network of over 350 locations [4] - Joybird®, an e-commerce retailer under La-Z-Boy, operates 12 stores in the U.S. [4] - The Wholesale segment manufactures custom furniture for various retail channels, including England Furniture Co. and casegoods brands like Kincaid®, American Drew®, and Hammary® [4]

MONROE, Mich., Oct. 10, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that Bob Lucian, Senior Vice President and Chief Financial Officer, will retire at the end of the fiscal year, effective April 26, 2025. Taylor Luebke, Vice President, Finance and Treasurer, will succeed Lucian as Senior Vice President and Chief Financial Officer beginning January 1, 2025. Luebke has nearly 20 years of finance experience, ...

MONROE, Mich., Sept. 16, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that Matt Baer has been named to the company's Board of Directors, effective January 1, 2025. The appointment will expand the Board to 11 members. Mr. Baer is a seasoned and customer-centric executive who brings extensive retail leadership experience across a variety of disciplines to the Board. He currently serves as Chief Executive Off ...

La-Z-Boy Inc. NYSE: LZB stock dropped 7% after the home furnishings retailer reported earnings on August 20. The report itself was fine with revenue and earnings beating analysts' expectations and revenue coming in higher year-over-year (YOY). The company also noted that its Wholesale segment was the key reason the company posted growth in delivered sales for the quarter. This is part of the company's Century Vision channel expansion strategy that has goals of growing revenue at 2x the industry average and ...