La-Z-Boy (LZB) Tops Q4 EPS by 8c

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La-Z-Boy Reports Fiscal 2018 Fourth-Quarter and Full-Year Results

June 19, 2018 4:15 PM EDT

MONROE, Mich., June 19, 2018 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) today reported its operating results for the fiscal 2018 full year and fourth quarter ended April 28, 2018.

Fiscal 2018 fourth quarter:

Consolidated sales for the fourth quarter increased 1.8% to $420.0 million;Earnings per diluted share attributable to La-Z-Boy Incorporated increased 26.3% to $0.72 and included a $0.06 per share benefit related to tax reform;Consolidated operating margin increased to 10.9% from 10.5% in last years fourth... More