La-Z-Boy Reports Strong Fiscal 2019 Performance
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La-Z-Boy (LZB) Misses Q4 EPS by 6c
June 18, 2019 4:17 PM EDTLa-Z-Boy (NYSE: LZB) reported Q4 EPS of $0.64, $0.06 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $453.8 million versus the consensus estimate of $469.05 million.
Outlook
Darrow concluded, As noted in our pre-release, the first calendar quarter was off to a slow start across the home furnishings industry and, with the hangover of tariffs and geopolitical uncertainty, it is unclear if these business conditions will continue further into our fiscal 2020 year. However, we believe the performance... More
