La-Z-Boy (LZB) Tops Q3 EPS by 4c

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Go back to La-Z-Boy (LZB) Tops Q3 EPS by 4c

La-Z-Boy Reports Solid Fiscal 2021 Third-Quarter Results

February 16, 2021 4:30 PM EST

Strong Written Orders Drive Record BacklogQuarterly Dividend Increased

MONROE, Mich., Feb. 16, 2021 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported strong operating results for the fiscal 2021 third quarter ended January 23, 2021.

Fiscal 2021 third quarter versus Fiscal 2020 third quarter:

Consolidated sales decreased 1.2% to $470.2 millionWritten same-store sales for the entire La-Z-Boy Furniture Galleries® network increased 6.3%, with strong acceleration in JanuaryConsolidated operating margin: GAAP: 7.3%... More