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

Earnings data Q1 2022

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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.

La-Z-Boy (LZB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can La-Z-Boy (LZB) Run Higher on Rising Earnings Estimates?

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CEO Melinda Whittington sees a path to increased market share.

Why La-Z-Boy Stock Jumped 14% This Past Week

La-Z-Boy (LZB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

La-Z-Boy Incorporated (LZB) Hit a 52 Week High, Can the Run Continue?

La-Z-Boy Incorporated. (NYSE:LZB ) Q3 2023 Earnings Conference Call February 22, 2023 8:30 AM ET Company Participants Kathy Liebmann - Director, IR & Corporate Communications Melinda Whittington - President & CEO Bob Lucian - SVP & CFO Conference Call Participants Bobby Griffin - Raymond James Anthony Lebiedzinski - Sidoti and Company Bradley Thomas - KeyBanc Operator Greetings!

La-Z-Boy Incorporated (LZB) Q3 2023 Earnings Call Transcript

Why La-Z-Boy Stock Was Having a Busy Wednesday

Ethan Allen Interiors

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Haverty Furniture Companies

Results from Haverty Furniture Company (NYSE: HVT) and La-Z-Boy (NYSE: LZB) echo those of Ethan Allen Interiors (NYSE: ETD). Together, they lend credence to the investment thesis that those not buying or moving into new houses are upgrading the ones they are in.

Furniture Stocks: A Comfortable Way To Ride Out The Storm

La-Z-Boy (LZB) delivered earnings and revenue surprises of 37.88% and 7.98%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

La-Z-Boy (LZB) Q3 Earnings and Revenues Surpass Estimates

La-Z-Boy Inc.'s stock LZB, -4.72% climbed 4% in extended trading Tuesday after the retailer reported quarterly results that easily topped analyst earnings estimates. La-Z-Boy reported fiscal third-quarter earnings of $31.7 million, or 74 cents a share, compared with net earnings of $28.5 million, or 65 cents a share, in the year-ago quarter.

La-Z-Boy's stock climbs on earnings beat

Written Same-Store Sales Increased 3% for Retail Segment

La-Z-Boy Reports Strong Fiscal 2023 Third-Quarter

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MONROE, Mich., Feb. 08, 2023 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, will report its fiscal 2023 third-quarter results after the close of trading on the New York Stock Exchange on Tuesday, February 21, 2023, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, February 22, 2023.

La-Z-Boy Announces Fiscal 2023 Third-Quarter Conference Call

Positive change in channel mix continues to support business operating margins. La-Z-Boy continues to effectively pass the inflation rate on to the end consumer.

La-Z-Boy: Margin Recovery And Upside Potential

La-Z-Boy's retail focus could mean weakness in growth ahead. Although the company has had strong earnings growth, its free cash flow growth isn't picking up.

La-Z-Boy: Retail Focus And Weak Cash Flow Could Spell Slowdown Ahead

Over the years, LZB has put together a decent track record of growing revenues. LZB is focused on revitalizing their brand by focusing on the comfort message, expanding their omni-channel presence, and finding new growth opportunities.

La-Z-Boy Has Lagged The Market But Shares Are Attractive

Lay-Z-Boy Inc. ( LZB , Financial) is a leading manufacturer and retailer of furniture. In addition to the iconic La-Z-Boy brand, the company is focusing on the fast-growing Joybird brand and other trade brands, including England, Kincaid, American Drew and Hammary.

Is It a Good Time to Consider La-Z-Boy?

MONROE, Mich., Dec. 08, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced the planned retirement of Otis Sawyer, President, La-Z-Boy Portfolio Brands. Tj Linz, President, La-Z-Boy Retail, will assume Sawyer's responsibilities at the end of April 2023, the start of the company's fiscal 2024 year. Sawyer will remain with the company through June 2023 to ensure a seamless transition.

La-Z-Boy Announces Planned Retirement of Otis Sawyer, President, La-Z-Boy Portfolio Brands; Names Tj Linz as Successor

La-Z-Boy Incorporated (NYSE:LZB ) Q2 2023 Earnings Conference Call December 1, 2022 8:30 AM ET Company Participants Kathy Liebmann - Director, IR & Corporate Communications Melinda Whittington - President & CEO Bob Lucian - SVP & CFO Conference Call Participants Bobby Griffin - Raymond James Anthony Lebiedzinski - Sidoti Brad Thomas - Keybanc Capital Operator Good morning, ladies and gentlemen, and welcome to the La-Z-Boy Fiscal 2023 Second Quarter Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for questions and comments after the presentation.

La-Z-Boy Incorporated (LZB) Q2 2023 Earnings Call Transcript

La-Z-Boy is down following the Q3 guidance but this is an opportunity for value-loving income investors to take advantage of.

La-Z-Boy Reclines To More Comfortable Levels

La-Z-Boy (LZB) delivered earnings and revenue surprises of 22.09% and 2.14%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

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

MONROE, Mich., Nov. 30, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported record-setting second-quarter results for the period ending October 29, 2022.

La-Z-Boy Reports Record Fiscal 2023 Second-Quarter Results; Increases Dividend By 10%

CHARLOTTE, N.C. , Nov. 30, 2022 /PRNewswire/ -- Tipperary Sales, d.b.a.

Tipperary Sales, a La-Z-Boy Home Furnishings & Décor Dealer, Names Heather Morin Chief Financial Officer

La-Z-Boy has done well to grow recently and that trend should continue for at least the near term. The company also has robust financials, with a plethora of cash on hand and no debt, reducing the risk to investors in the long run.

La-Z-Boy: A Cheap Prospect That's Demonstrating Continued Growth

Softcat PLC (LSE:SCT) has agreed to pay a penalty to an environmental charity after the Environment Agency found it had failed to comply with recycling laws for more than a decade. The FTSE 250-listed IT services provider, based in Marlow, Buckinghamshire, pledged £35,803.99 to the National Trust's Langham Pond wetland boardwalk project and will now register with a compliance scheme, implement a new written procedure, assign a responsible person and cover the Environment Agency's costs.

Softcat and La-Z-Boy slapped with civil sanctions for recycling laziness

MONROE, Mich., Nov. 09, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2023 second-quarter results after the close of trading on the New York Stock Exchange on Wednesday, November 30, 2022, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Thursday, December 1, 2022.

News for LaZBoy Stock (LZB)