La-Z-Boy Incorporated Reports Solid Fourth Quarter and Full Year Results; Operating Cash Flow of $158 million for the Full Year

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 ...