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

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

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

November 17, 2020 4:15 PM EST

MONROE, Mich., Nov. 17, 2020 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported strong operating results for the fiscal 2021 second quarter ended October 24, 2020.

Fiscal 2021 second quarter versus Fiscal 2020 second quarter:

Consolidated sales increased 2.7% to $459.1 millionWritten same-store sales for the entire La-Z-Boy Furniture Galleries® network increased 34%Consolidated operating income: GAAP: $47.9 million versus $29.6 million, an increase of 62%Non-GAAP(1): $51.2 million versus $33.7 million, an increase of 52%... More