La-Z-Boy Reports Fiscal 2020 Third-Quarter Results
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La-Z-Boy (LZB) Tops Q3 EPS by 9c, Revenues Miss
February 18, 2020 4:19 PM ESTLa-Z-Boy (NYSE: LZB) reported Q3 EPS of $0.72, $0.09 better than the analyst estimate of $0.63. Revenue for the quarter came in at $475.9 million versus the consensus estimate of $481.05 million.
Fiscal 2020 third quarter versus Fiscal 2019 third quarter:
Consolidated sales for the third quarter increased 1.8% to $475.9 millionLa-Z-Boy Furniture Galleries® stores:Written same-store sales for the La-Z-Boy Furniture Galleries® network increased 10.5%, the fourth consecutive quarterly increaseDelivered same-store sales for the company-owned Retail segment... More