Here's What to Expect From La-Z-Boy (LZB) in Q4 Earnings

In the last reported quarter, the company's earnings per share (EPS) of 67 cents missed the Zacks Consensus Estimate of 75 cents and declined from the year-ago figure of 91 cents. Net sales of $500 million missed the consensus mark by 5% and declined 12.7% year over year. How Are Estimates Placed? The consensus mark for net sales is pegged at $518.8 million, indicating a decline of 7.6% from the year-ago reported figure of $561.3 million. La-Z-Boy's business is expected to have experienced lower net sales a ...