La-Z-Boy (LZB) Tops Q2 EPS by 2c
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La-Z-Boy Reports Fiscal 2018 Second-Quarter Results
November 29, 2017 4:15 PM ESTMONROE, Mich., Nov. 29, 2017 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) today reported its operating results for the fiscal 2018 second quarter ended October 28, 2017.Â
Consolidated sales increased 4.4% to $393.2 million versus $376.6 million in last years second quarter;Same-store written sales for the La-Z-Boy Furniture Galleries® network increased 1.9%;Cash flow from operations was $31.7 million;The company returned $24.5 million to shareholders through dividends and share purchases; andEarnings per diluted share for the quarter increased 11.9% to $0.47.Sales for the fiscal 2018 second quarter were $393.2 million, up 4.4%... More
