La-Z-Boy (LZB) Raises Quarterly Dividend 8.3% to $0.13; 1.8% Yield
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La-Z-Boy Reports 12% Sales Increase for Second-Quarter
November 28, 2018 4:15 PM ESTMONROE, Mich., Nov. 28, 2018 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) today reported its operating results for the fiscal 2019 second quarter ended October 27, 2018.
During the second quarter of fiscal 2019 versus last years second quarter:
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 increased 4.4%, the seventh consecutive quarterly increaseDelivered same-store sales for the company-owned retail segment increased 4.0%  Consolidated... More