La-Z-Boy Reports 22% Sales Increase for the Fiscal 2022 Third Quarter

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La-Z-Boy (LZB) Declares $0.165 Quarterly Dividend; 1.8% Yield

February 15, 2022 4:21 PM EST

La-Z-Boy (NYSE: LZB) declared a quarterly dividend of $0.165 per share, or $0.66 annualized.

The dividend will be payable on March 15, 2022, to stockholders of record on March 3, 2022, with an ex-dividend date of March 2, 2022.

The annual yield on the dividend is 1.8 percent.

For a... More

La-Z-Boy (LZB) Misses Q3 EPS by 24c

February 15, 2022 4:16 PM EST

La-Z-Boy (NYSE: LZB) reported Q3 EPS of $0.65, $0.24 worse than the analyst estimate of $0.89. Revenue for the quarter came in at $572 million versus the consensus estimate of $570.42 million.

Outlook

Bob Lucian, Chief Financial Officer of La-Z-Boy Incorporated, said, "Demand trends remain strong and our backlog will support strengthening... More