Edition:
United Kingdom

La-Z-Boy Inc (LZB.N)

LZB.N on New York Stock Exchange

25.73USD
14 Dec 2018
Change (% chg)

$-0.52 (-1.98%)
Prev Close
$26.25
Open
$25.94
Day's High
$26.54
Day's Low
$25.58
Volume
104,040
Avg. Vol
124,606
52-wk High
$39.15
52-wk Low
$25.58

Latest Key Developments (Source: Significant Developments)

La-Z-Boy Reports 12 Pct Sales Increase For Second-Quarter
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY REPORTS 12% SALES INCREASE FOR SECOND-QUARTER.Q2 NON-GAAP EARNINGS PER SHARE $0.48.Q2 GAAP EARNINGS PER SHARE $0.42.Q2 SALES $439.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF $434 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.43 -- REFINITIV IBES DATA.QTRLY WRITTEN SAME-STORE SALES FOR 353-STORE LA-Z-BOY FURNITURE GALLERIES NETWORK INCREASED 4.4%.BOARD OF DIRECTORS INCREASED COMPANY'S REGULAR QUARTERLY DIVIDEND TO SHAREHOLDERS BY 8% TO $0.13 PER SHARE.QTRLY DELIVERED SAME-STORE SALES FOR COMPANY-OWNED RETAIL SEGMENT INCREASED 4.0%.  Full Article

La-Z-Boy Reports Q1 Earnings Per Share $0.39
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY REPORTS FISCAL 2019 FIRST-QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.39.Q1 SALES $384.7 MILLION VERSUS I/B/E/S VIEW $368.2 MILLION.Q1 EARNINGS PER SHARE VIEW $0.25 -- THOMSON REUTERS I/B/E/S.QTRLY WRITTEN SAME-STORE SALES FOR ENTIRE LA-Z-BOY FURNITURE GALLERIES NETWORK INCREASED 3.1%.QTRLY SAME-STORE SALES FOR COMPANY-OWNED RETAIL SEGMENT INCREASED 4.6%.SAYS "WE ARE OPTIMISTIC ABOUT THE POTENTIAL FOR LA-Z-BOY INCORPORATED OVER THE LONG TERM".LA-Z-BOY SAYS "CONCERNS RELATING TO POTENTIAL DUTIES AND TARIFFS THAT COULD IMPACT THE BUSINESS PERSIST AND WE ARE MONITORING THAT SITUATION CLOSELY".  Full Article

La-Z-Boy To Acquire La-Z-Boy Furniture Galleries Stores In Arizona
Wednesday, 18 Jul 2018 

July 18 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY TO ACQUIRE LA-Z-BOY FURNITURE GALLERIES® STORES IN ARIZONA.LA-Z-BOY INC - TERMS OF DEAL WERE NOT DISCLOSED.LA-Z-BOY INC - ACQUISITION OF ARIZONA STORES WILL CONTRIBUTE ABOUT $40 MILLION ANNUALLY OF SALES VOLUME TO CO ON A CONSOLIDATED BASIS.  Full Article

La-Z-Boy To Acquire E-Commerce Retailer Joybird
Monday, 16 Jul 2018 

July 16 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY TO ACQUIRE E-COMMERCE RETAILER JOYBIRD.LA-Z-BOY INC - TERMS OF DEAL WERE NOT DISCLOSED.LA-Z-BOY INC - TERMS OF DEAL WERE NOT DISCLOSED.  Full Article

La-Z-Boy Names Melinda Whittington Chief Financial Officer
Thursday, 24 May 2018 

May 24 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY ANNOUNCES APPOINTMENT OF NEW CFO.LA-Z-BOY INC - APPOINTED MELINDA D. WHITTINGTON AS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER EFFECTIVE JUNE 21, 2018.LA-Z-BOY INC - WHITTINGTON WILL SUCCEED LOUIS M. RICCIO.LA-Z-BOY INC - RICCIO WILL REMAIN AT LA-Z-BOY THROUGH AUGUST 1, 2018, IN AN ADVISORY CAPACITY TO TRANSITION ROLE.LA-Z-BOY INC - MOST RECENTLY WHITTINGTON SERVED AS CFO OF ALLSCRIPTS HEALTHCARE SOLUTIONS, INC..  Full Article

La-Z-Boy Inc Entered Settlement Agreement And Release With Megdal Associates, Others‍​
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY INC - ON DECEMBER 21, 2017, CO ENTERED SETTLEMENT AGREEMENT AND RELEASE WITH MEGDAL ASSOCIATES, OTHERS‍​.LA-Z-BOY - ‍SETTLEMENT RELATED TO CIVIL LAWSUIT FILED AGAINST CO OVER CONTRACT MEGDAL CLAIMED REQUIRED CO TO MAKE PAYMENTS FOR CERTAIN POWER UNITS​.LA-Z-BOY - ‍UNDER TERMS OF SETTLEMENT, PARTIES SETTLED LEGAL DISPUTE WITH NO ADMISSION OF LIABILITY, WRONGDOING OR RESPONSIBILITY BY ANY OF PARTIES​.LA-Z-BOY - UNDER SETTLEMENT, PARTIES RELEASED EACH OTHER FROM ALL FUTURE, PAST CLAIMS UNDER CONTRACT, CO AGREED TO PAY MEGDAL SUM OF $13.5 MILLION​.LA-Z-BOY SAYS ‍WITH ANNOUNCED SETTLEMENT, CO TO RECOGNIZE ADDITIONAL CHARGE OF $4.1 MILLION IN Q3 FISCAL 2018​ - SEC FILING.  Full Article

La-Z-Boy, Units Sign $150 Mln Second Amended And Restated Credit Agreement
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY SAYS CO, MOST OF DOMESTIC UNITS SIGNED $150 MILLION SECOND AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.LA-Z-BOY - AMENDED AGREEMENT EXTENDS MATURITY DATE OF REVOLVING CREDIT FACILITY FROM DEC. 30, 2019, TO DEC. 19, 2022.  Full Article

La-Z-Boy Reports Q2 Earnings Per Share $0.47
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY REPORTS FISCAL 2018 SECOND-QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.47.Q2 SALES $393.2 MILLION VERSUS I/B/E/S VIEW $390 MILLION.Q2 EARNINGS PER SHARE VIEW $0.45 -- THOMSON REUTERS I/B/E/S.- QTRLY ‍SAME-STORE WRITTEN SALES FOR LA-Z-BOY FURNITURE GALLERIES NETWORK INCREASED 1.9%​.- BOARD OF DIRECTORS INCREASED COMPANY'S REGULAR QUARTERLY DIVIDEND TO SHAREHOLDERS BY 9% TO $0.12 PER SHARE​.LA-Z-BOY - ‍FOR QUARTER, HURRICANES, FIRES HAD NEGATIVE EFFECT ON SALES OF ABOUT 1%, WHICH EQUATED TO ABOUT A $0.01 PER DILUTED SHARE REDUCTION IN EARNINGS​.  Full Article

La-Z-Boy Q4 sales $412.7 million
Tuesday, 20 Jun 2017 

June 20 (Reuters) - La-z-boy Inc :La-Z-Boy reports fiscal 2017 full-year and fourth-quarter results.Q4 sales $412.7 million versus i/b/e/s view $400.3 million.La-Z-Boy Inc says board of directors approved purchase of up to an additional 6 million shares under company's existing share purchase authorization.La-Z-Boy Inc qtrly same-store written sales for la-z-boy furniture galleries network increased 2.4%.La-Z-Boy Inc qtrly ‍same-store written sales for la-z-boy furniture galleries network increased 2.4%​.Qtrly earnings per diluted share attributable to la-z-boy incorporated increased 26.7% to $0.57 from $0.45 in the prior-year period.Q4 earnings per share $0.57.Q4 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.La-Z-Boy Inc says "Q1 is usually company's weakest in sales and earnings".  Full Article

US STOCKS-S&P edges higher amid caution on Trump, trade and Fed

* Indexes: Dow flat, S&P up 0.16 pct, Nasdaq up 0.42 pct (Changes comment, updates prices)