La-Z-Boy (LZB) Q1 Revenue Tops Views

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La-Z-Boy Reports Fiscal 2019 First-Quarter Results

August 21, 2018 4:15 PM EDT

MONROE, Mich., Aug. 21, 2018 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) today reported its operating results for the fiscal 2019 first quarter ended July 28, 2018.

During the first quarter of fiscal 2019:

Consolidated sales increased 7.7% to $384.7 million versus $357.1 million in last years first quarter;Written same-store sales for the entire La-Z-Boy Furniture Galleries® network increased 3.1%;Delivered same-store sales for the company-owned retail segment increased 4.6%;  Consolidated operating income increased 42% to $23.2 million versus... More