La-Z-Boy (LZB) Raises Quarterly Dividend 10% to $0.1815; 2.7% Yield
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La-Z-Boy Reports Record Fiscal 2023 Second-Quarter Results; Increases Dividend By 10%
November 30, 2022 4:15 PM ESTMONROE, Mich., Nov. 30, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported record-setting second-quarter results for the period ending October 29, 2022.
Fiscal 2023 second-quarter highlights versus prior year:
Consolidated sales increased 6% to $611 million, a second-quarter recordGAAP operating profit increased by 14%- Non-GAAP operating profit increased by 19%-Â GAAP operating margin increased 70 basis points to 10.1%-Â Non-GAAP operating margin increased 100 basis points to 10.0%... More