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La-Z-Boy Reports Fiscal 2020 Second-Quarter Results

November 20, 2019 4:20 PM EST

MONROE, Mich., Nov. 20, 2019 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) today reported its operating results for the fiscal 2020 second quarter ended October 26, 2019.

Fiscal 2020 second quarter versus Fiscal 2019 second quarter:

Consolidated sales for the second quarter increased 1.8% to $447.2 million La-Z-Boy Furniture Galleries® stores: Written same-store sales for the La-Z-Boy Furniture Galleries® network increased 3.5%Delivered same-store sales for the company-owned Retail segment increased 5.0% Consolidated operating margin: GAAP: 6.6% versus 6.5%Non-GAAP*: 7.5% versus 7.3%... More