La-Z-Boy Reports 12% Sales Increase for Second-Quarter

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La-Z-Boy (LZB) Raises Quarterly Dividend 8.3% to $0.13; 1.8% Yield

November 28, 2018 4:30 PM EST

La-Z-Boy (NYSE: LZB) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. This is an 8.3% increase from the prior dividend of $0.12.

The dividend will be payable on December 20, 2018, to stockholders of record on December 10, 2018, with an ex-dividend date of December 7,... More

La-Z-Boy (LZB) Tops Q2 EPS by 5c, Revenues Beat, Comp. Sales Up 4%

November 28, 2018 4:17 PM EST

La-Z-Boy (NYSE: LZB) reported Q2 EPS of $0.48, $0.05 better than the analyst estimate of $0.43. Revenue for the quarter came in at $439 million versus the consensus estimate of $434.04 million.

Consolidated sales increased 11.7% to $439.3 million on solid core growth and the addition of recent acquisitionsWritten same-store sales for the 353-store La-Z-Boy Furniture Galleries® network... More