La-Z-Boy Reports Record Sales for Fiscal 2022 First Quarter

Go back to La-Z-Boy Reports Record Sales for Fiscal 2022 First Quarter

La-Z-Boy (LZB) Misses Q1 EPS by 2c, Revenue Beats

August 17, 2021 4:16 PM EDT

La-Z-Boy (NYSE: LZB) reported Q1 EPS of $0.55, $0.02 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $524.8 million versus the consensus estimate of $485.96 million.

Summary and Outlook:

Melinda D. Whittington, President and Chief Executive Officer of La-Z-Boy, said, "The La-Z-Boy enterprise delivered all-time, record-high sales for a quarter, even with our... More