La-Z-Boy (LZB) Shares Surge 11% on Q4 Beat and Better Than Expected Guidance
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La-Z-Boy Reports Record Sales and Operating Income for the Fiscal 2022 Fourth Quarter and Full Year
June 21, 2022 4:15 PM EDTMONROE, Mich., June 21, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported record sales and operating income for the fiscal 2022 fourth quarter and full year ended April 30, 2022.
Fiscal 2022 full year versus Fiscal 2021 full year:
Consolidated sales increased 36% to a record $2.4 billion +33% adjusting for the 53rd week in fiscal 2022 Retail segment sales increased 31% to $804 million Record sales, operating profit, and operating margin... More