La-Z-Boy (LZB) Misses Q1 EPS by 2c, Revenue Beats
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La-Z-Boy Reports Record Sales for Fiscal 2022 First Quarter
August 17, 2021 4:15 PM EDTMONROE, Mich., Aug. 17, 2021 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported operating results for the fiscal 2022 first quarter ended July 24, 2021.
Fiscal 2022 first quarter* versus Fiscal 2021 first quarter:
Consolidated sales increased 84% to $524.8 millionStrong written order trends: Written same-store sales in the company-owned Retail segment increased 22%Written sales for Joybird increased 31% Consolidated operating margin: GAAP: 6.5%... More