LaZBoy

La-Z-Boy, Inc. engages in the production of reclining chairs and manufacture and distribution of residential furniture. It operates through the following segments: Wholesale, Retail, and Corporate and Other. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas and imports casegoods (wood) furniture, such as occasional pieces, bedroom sets, dining room sets and entertainment centers. The Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories to the end consumer through the retain network. The Corporate and Other segment includes the shared costs for corporate functions, including human resources, information technology, finance, and legal. The company was founded by Edwards M. Knabusch and Edwin J. Shoemaker in 1927 and is headquartered in Monroe, MI.

Earnings data Q4 2021

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La-Z-Boy achieves record fiscal 2023 results, anticipates growth opportunities

La-Z-Boy reported record results for fiscal 2023, with strong performance in the retail segment and progress against their growth strategy. However, challenges include a decrease in fourth quarter sales and the need for improvement in Joybird's performance. The company remains optimistic about industry demand and sales growth in fiscal year 2024.

La-Z-Boy reports solid Q1 performance, faces sales and financial challenges

La-Z-Boy's Q1 2024 performance reflects solid operational achievements but also challenges in sales and financial metrics. The company is making progress towards a more resilient business model and growth strategy, while also addressing inventory and sales challenges.

La-Z-Boy reports record Q3 performance amidst challenges and opportunities

La-Z-Boy delivered strong financial performance in Q3 2023, driven by robust sales, earnings, and cash generation, particularly in the retail segment.
Despite challenges in the wholesale business and Joybird, the company's strategic investments and focus on efficiency position it for long-term success.
Future success hinges on navigating uncertainties, capitalizing on growth opportunities, and maintaining a commitment to profitability and operational excellence.

La-Z-Boy (LZB) reports record fiscal 2023 results, outlines growth plans

La-Z-Boy delivered strong financial performance in fiscal 2023, with a focus on operational efficiency and growth strategies for the future. Despite challenges in Joybird's sales, the company remains optimistic and committed to enhancing shareholder value.

La-Z-Boy reports resilient Q1 performance, eyes strategic growth opportunities

La-Z-Boy's Q1 2024 earnings call showcased resilience in the face of market challenges, with a strong focus on growth strategies and operational efficiency. While navigating a tough macro environment, the company remains committed to enhancing shareholder value and expanding its market presence.

La-Z-Boy reports mixed Q2 results, targets sustainable growth strategy

La-Z-Boy's Q2 performance reflects mixed results with sales growth from pre-pandemic levels but a decline year-on-year. The company aims for double-digit operating margins and industry-leading growth.
Despite challenges in sales and margins, La-Z-Boy's strategic focus on growth initiatives, cash position, and commitment to operational efficiency position it for long-term success.
Opportunities for La-Z-Boy include enhancing productivity, expanding retail operations, and navigating market challenges to achieve sustainable growth and profitability.

La-Z-Boy reports Q3 growth amidst industry challenges, eyes strategic expansion

La-Z-Boy's Q3 performance showed resilience with sales growth and margin expansion, despite industry challenges. The company's strategic focus on growth initiatives and financial strength bode well for long-term success. Addressing retail challenges and leveraging opportunities in acquisitions and brand campaigns are key priorities for sustained growth.

La-Z-Boy Q4 Earnings: Stable Sales, Strategic Expansions

La-Z-Boy's Q4 FY2024 earnings call highlighted a year of stable financial performance and strategic growth initiatives despite industry challenges. The company's strong cash position and debt-free status, combined with strategic store expansions and acquisitions, position it well for modest growth and continued market outperformance in the upcoming fiscal year.

La-Z-Boy reports solid Q1 results, eyes growth amidst challenges

La-Z-Boy's Q1 performance reflects resilience amidst industry challenges, with a focus on financial stability and strategic growth initiatives. Despite sales declines in same-store segments, opportunities lie in acquisitions and brand expansion through consumer-centric approaches.

La-Z-Boy (LZB) reports strong Q2 earnings amidst industry challenges

La-Z-Boy's Q2 2025 performance showcased growth, profitability, and strategic advancements.
Despite challenges, the company's focus on brand strength and operational efficiency remains robust.
Transition in CFO leadership signals continuity and adaptability in navigating market uncertainties.
Confidence in outperforming the market and leveraging opportunities for sustained growth.

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La-Z-Boy, Inc. engages in the production, manufacturing, and distribution of residential furniture. It operates through the following business segments: Wholesale, Retail, and Corporate and Other. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas, and imports case goods furniture, such as occasional pieces, bedroom sets, dining room sets, and entertainment centers. The Retail segment sells upholstered furniture, in addition to some case goods and other accessories to the end consumer through its company-owned La-Z-Boy Furniture Galleries stores. The Corporate and Other segment includes the shared costs for corporate functions, including human resources, information technology, finance, and legal. The company was founded by Edwards M. Knabusch and Edwin J. Shoemaker in 1927 and is headquartered in Monroe, MI.

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LZB's second-quarter fiscal 2025 results indicate increased delivered volume in the Retail segment.

La-Z-Boy's Q2 Earnings Surpass Estimates, Sales Rise Y/Y

La-Z-Boy Incorporated (NYSE:LZB ) Q2 2025 Earnings Conference Call November 20, 2024 8:30 AM ET Company Participants Mark Becks - Director of IR & Corporate Development Melinda Whittington - President & CEO Bob Lucian - SVP & CFO Taylor Luebke - VP, Finance & Treasurer Conference Call Participants Bobby Griffin - Raymond James Anthony Lebiedzinski - Sidoti & Company Brad Thomas - KeyBanc Operator Greetings. Welcome to the La-Z-Boy Fiscal 2025 Second Quarter Conference Call.

La-Z-Boy Incorporated (LZB) Q2 2025 Earnings Call Transcript

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.

La-Z-Boy (LZB) Q2 Earnings and Revenues Top Estimates

Fiscal 2025 Second Quarter Highlights : Consolidated delivered sales of $521 million Up 2% versus prior year Retail segment sales increased 3% Led by independent La-Z-Boy Furniture Galleries® acquisitions, new stores, and record Labor Day sales results GAAP and Non-GAAP (1) diluted EPS of $0.71 Delivered sales and Non-GAAP (1) operating margin ahead of guidance Company-owned La-Z-Boy Furniture Galleries® network grew by five stores, with three new stores, two newly acquired independent La-Z-Boy Furniture Galleries® stores, and an additional two-store acquisition signed and expected to close in the third quarter Quarterly dividend increased to $0.22, 10% higher than the previous dividend MONROE, Mich., Nov. 19, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported strong second quarter results for the period ended October 26, 2024.

La-Z-Boy Incorporated Reports Strong Second Quarter Results; Retail Segment Delivered Sales Up 3%; Board Approves 10% Increase to Quarterly Dividend

La-Z-Boy's stock is attractively priced despite mixed performance, with revenue growth and strong cash flows, warranting a soft 'buy' recommendation. The company faced revenue and profitability declines in 2023 due to supply chain issues and increased competition but remains financially robust with no debt. Management's focus on direct-to-consumer sales and strategic acquisitions aims to drive future growth, supported by significant cash reserves and investment in infrastructure.

La-Z-Boy: Still Comfortable With A Bullish View

MONROE, Mich., Nov. 05, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its Fiscal 2025 Second Quarter results for the period ended October 26, 2024 after the close of trading on the New York Stock Exchange on Tuesday, November 19, 2024, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, November 20, 2024.

La-Z-Boy Incorporated Announces Timing of Fiscal 2025 Second Quarter Earnings Release and Conference Call

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.

La-Z-Boy Incorporated Opens Newly Renovated Showroom at High Point Market

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.

La-Z-Boy Incorporated Announces Chief Financial Officer Succession

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 Incorporated Appoints Stitch Fix CEO Matt Baer to Board of Directors

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 Stock Faces Headwinds but Remains a Hold

La-Z-Boy Incorporated (NYSE:LZB ) Q1 2025 Earnings Conference Call August 21, 2024 8:30 AM ET Company Participants Mark Becks - Director of IR & Corporate Development Melinda Whittington - President, CEO Bob Lucian - SVP, CFO Conference Call Participants Alessandra Jimenez - Raymond James Taylor Zick - KeyBanc Capital Market Anthony Lebiedzinski - Sidoti & Company Operator Good day, and welcome to the La-Z-Boy Fiscal 2025 First Quarter Conference Call. At this time all participants are in a listen-only mode.

La-Z-Boy Incorporated (LZB) Q1 2025 Earnings Call Transcript

La-Z-Boy's (LZB) first-quarter fiscal 2025 results reflect increased delivered volume in the Wholesale segment.

La-Z-Boy (LZB) Q1 Earnings Match Estimates, Revenues Top

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.

La-Z-Boy (LZB) Q1 Earnings Match Estimates

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.

La-Z-Boy says ‘challenged' shoppers are pulling back on spending

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.

La-Z-Boy Incorporated Reports Solid First Quarter Results with Sales Up 3%; First Quarter Operating Cash Flow Doubles to $52 Million

La-Z-Boy Incorporated LZB is expected to release earnings results for its fiscal first quarter, after the closing bell on Tuesday, Aug. 20.

How To Earn $500 A Month From La-Z-Boy Stock Ahead Of Q1 Earnings

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.

Are Investors Undervaluing LaZBoy (LZB) Right Now?

MONROE, Mich., Aug. 06, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its Fiscal 2025 First Quarter results for the period ended July 27, 2024 after the close of trading on the New York Stock Exchange on Tuesday, August 20, 2024, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, August 21, 2024.

La-Z-Boy Incorporated Announces Timing of Fiscal 2025 First Quarter Earnings Release and Conference Call

MONROE, Mich.--(BUSINESS WIRE)--La-Z-Boy, the pioneer of truly comfortable furniture for nearly a century, knows the joy of relaxing and savoring those “feet-up moments” better than anyone. Just in time for National Lazy Day on Saturday, Aug. 10, La-Z-Boy is sharing the results of a national survey that reveals how Americans truly feel about indulging in moments of laziness. At a time when media coverage and social media algorithms often fixate on hyper-productivity and hustle culture, many Ame.

Nearly 9 in 10 Americans Consider Being Lazy a Form of Self-Care, La-Z-Boy Survey Finds

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.

La-Z-Boy: Reclining Comfortably Amidst Industry Headwinds, Reiterating Our Buy Rating

Is LaZBoy (LZB) Stock Undervalued Right Now?

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