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

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

February 15, 2022 4:15 PM EST

MONROE, Mich., Feb. 15, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported operating results for the fiscal 2022 third quarter ended January 22, 2022.

Fiscal 2022 third quarter versus Fiscal 2021 third quarter:

Consolidated sales increased 22% to $572 million Retail segment posted record sales and operating profit Strong written order trends Written same-store sales for the La-Z-Boy Furniture Galleries® network increased 3%Written... More