Eoneren Synopsis La-Z-Boy Incorporated (NYSE:LZB) is the leading global manufacturer of reclining chairs and the second-largest distributor of furniture in the U.S. According to a KeyBanc consumer survey, it is also a leading brand for interest in new furniture purchases. However, the outlook for the furniture industry has been rather weak due to a housing shortage and lingering inflation. In the midst of the chaos in the housing market, LZB is focusing on solidifying their business by gaining more market s ...

MONROE, Mich., Feb. 27, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today announced that Melinda D. Whittington, President and Chief Executive Officer, and Bob Lucian, Senior VP and Chief Financial Officer, will present at the Raymond James 45th Annual Institutional Investors Conference held at the JW Marriott Grande Lakes in Orlando, Florida. The presentation will be webcast live on Monday March 4, 2024, at 1:40 p.m. Ea ...

MONROE, Mich., Feb. 27, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today announced that Melinda D. Whittington, President and Chief Executive Officer, and Bob Lucian, Senior VP and Chief Financial Officer, will present at the Raymond James 45th Annual Institutional Investors Conference held at the JW Marriott Grande Lakes in Orlando, Florida. The presentation will be webcast live on Monday March 4, 2024, at 1:40 p.m. Ea ...

La-Z-Boy Incorporated (NYSE:LZB) Q3 2024 Earnings Conference Call February 21, 2024 8:30 AM ET Company Participants Mark Becks - CFA, IR Contact Melinda Whittington - President and CEO Bob Lucian - SVP and CFO Conference Call Participants Bobby Griffin - Raymond James Anthony Lebiedzinski - Sidoti & Company Zachary Donnelly - KeyBanc Capital Markets Budd Bugatch - Water Tower Research Operator Greetings everyone and welcome to the La-Z-Boy Fiscal 2024 Third Quarter Conference Call. At this time, all partici ...

La-Z-Boy (LZB) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.67%. A quarter ago, it was expected that this furniture company would post earnings of $0.62 per share when it actually produced earnings of $0.74, delivering a surprise of 19.35%.Over the last four quarters, the compa ...

La-Z-Boy Inc.’s stock slumped 12% in after-hours trading Tuesday after the company posted quarterly results that fell short of analysts’ revenue and earnings estimates. The furniture maker LZB, -0.74% reported fiscal third-quarter net income of $28.7 million, or 67 cents a share, compared with net income of $31.7 million, or 74 cents a share, in the same quarter a year ago. Revenue dropped 13% to $500.4 million, from $572.7 million in the year-ago quarter. Analysts surveyed by FactSet had expected on av ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 27, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ COMMISSION FILE NUMBER 1-9656 LA-Z-BOY INCORPORATED (Exact name of registrant as specified in its charter) | Michigan | | ...

La-Z-Boy is aiming to increase its store count by around 14%, while also increasing the number of company-owned stores, which would improve its profit margins. SOPA Images/LightRocket via Getty ImagesThe most recent addition to my portfolio surprised me a bit when I dug into it, because when it popped up on my value stock screener, I didn't expect La-Z-Boy Incorporated (NYSE:LZB) to be a company with a long-term plan for future growth. I expected it to be a value stock at a good price, with a conservative ...

MONROE, Mich., Feb. 09, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE:LZB), a global leader in the manufacture and retail of residential furniture, today released its fiscal year 2023 Sustainability Report: Delivering Sustainable Comfort. The report provides a comprehensive overview of the Company's commitments, objectives, and the steps taken to achieve them. It also outlines its sustainability efforts to improve the Company's environmental footprint, and its dedication to social responsibility and ...

MONROE, Mich., Feb. 06, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE:LZB) will report its third quarter fiscal 2024 results for the period ended January 27, 2024 after the close of trading on the New York Stock Exchange on Tuesday, February 20, 2024, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, February 21, 2024. The dial-in phone number for the live conference call will be (888) 506-0062 for persons calling from within the U.S. or Cana ...