Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
21 February 1973Website:
http://www.la-z-boy.comNext earnings report:
29 November 2024Last dividends:
05 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:57:53 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
LZB Latest News
HIGH POINT, N.C., Oct. 25, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, has opened its newly renovated showroom at High Point Market in Furniture Plaza, High Point, North Carolina.
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.
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.
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).
La-Z-Boy's (LZB) first-quarter fiscal 2025 results reflect increased delivered volume in the Wholesale segment.
La-Z-Boy (LZB) came out with quarterly earnings of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.62 per share a year ago.
Shares of La-Z-Boy Inc. dropped more than 3% in the extended session Tuesday after the furniture maker said consumers continued to rein in their expenses outside holiday promotions, and guided for lower-than-expected sales in the current quarter.
Fiscal 2025 First Quarter Highlights : Consolidated delivered sales of $496 million Up 3% versus prior year Wholesale segment sales increased 5% on growth to external customers Delivered sales and Non-GAAP (1) operating margin in line with guidance GAAP diluted EPS of $0.61 Non-GAAP (1) diluted EPS of $0.62 Generated $52 million in operating cash flow for the quarter MONROE, Mich., Aug. 20, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported first quarter results for the period ended July 27, 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
La-Z-Boy outperformed the furniture sector in Q4 results, showcasing strong revenue growth and profitability enhancements. LZB faces challenges from industry headwinds but maintains a competitive edge through brand strength, product quality, and customer loyalty. Despite economic uncertainties, LZB's strategic initiatives, including the Century Vision strategy, position the company for sustainable growth and profitability, warranting a Buy rating.
What type of business is La-Z-Boy Incorporated?
La-Z-Boy Incorporated is engaged in the production, sale, import, export, distribution, and retail sale of upholstered furniture. The company also imports, distributes, and sells accessories and wooden furniture items. The company's segments include the Upholstery segment, the Casegoods segment, and the Retail segment. The company is a manufacturer of reclining chairs and a manufacturer/distributor of residential furniture in the United States. The company sells its products primarily in the United States and Canada, as well as internationally to furniture retailers and directly to consumers through stores that it owns and operates. The company has a network of approximately 340 La-Z-Boy Furniture Galleries stores and over 560 Comfort Studio stores. The company owns about 120 La-Z-Boy Furniture Galleries stores. The company's other brands include England, Kincaid, American Drew, and Hammary.
What sector is La-Z-Boy Incorporated in?
La-Z-Boy Incorporated is in the Consumer Cyclical sector
What industry is La-Z-Boy Incorporated in?
La-Z-Boy Incorporated is in the Furnishings, Fixtures & Appliances industry
What country is La-Z-Boy Incorporated from?
La-Z-Boy Incorporated is headquartered in United States
When did La-Z-Boy Incorporated go public?
La-Z-Boy Incorporated initial public offering (IPO) was on 21 February 1973
What is La-Z-Boy Incorporated website?
https://www.la-z-boy.com
Is La-Z-Boy Incorporated in the S&P 500?
No, La-Z-Boy Incorporated is not included in the S&P 500 index
Is La-Z-Boy Incorporated in the NASDAQ 100?
No, La-Z-Boy Incorporated is not included in the NASDAQ 100 index
Is La-Z-Boy Incorporated in the Dow Jones?
No, La-Z-Boy Incorporated is not included in the Dow Jones index
When was La-Z-Boy Incorporated the previous earnings report?
No data
When does La-Z-Boy Incorporated earnings report?
The next expected earnings date for La-Z-Boy Incorporated is 29 November 2024