La-Z-Boy Reports Fiscal 2021 Second-Quarter Results

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Go back to La-Z-Boy Reports Fiscal 2021 Second-Quarter Results

La-Z-Boy (LZB) Tops Q2 EPS by 32c, Revenue Beats, Offers Outlook

November 17, 2020 4:17 PM EST

La-Z-Boy (NYSE: LZB) reported Q2 EPS of $0.82, $0.32 better than the analyst estimate of $0.50. Revenue for the quarter came in at $459.1 million versus the consensus estimate of $433.73 million.

Business Outlook:

Darrow concluded, "Although there is extreme uncertainty with respect to the pandemic, including the risk of COVID-19-related shutdowns affecting operations moving forward as well as risk of ongoing disruption within the global supply chain, such as the polyurethane foam issue,... More