La-Z-Boy (LZB) Tops Q4 EPS by 25c, Offers Guidance

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Go back to La-Z-Boy (LZB) Tops Q4 EPS by 25c, Offers Guidance

La-Z-Boy Incorporated Reports Solid Fourth Quarter and Full Year Results; Operating Cash Flow of $158 million for the Full Year

June 17, 2024 4:30 PM EDT

Fiscal 2024 Fourth Quarter Highlights:

Consolidated delivered sales of $554 million Up 22% versus most recent pre-pandemic fourth quarter (Fiscal 2019 Fourth Quarter)Down 1% versus prior year GAAP diluted EPS of $0.91 Non-GAAP(1) diluted EPS of $0.95 Generated $53 million in operating cash flow for the quarterGrew company-owned La-Z-Boy Furniture Galleries® network by three stores (including two acquired independent La-Z-Boy Furniture Galleries® stores)

Fiscal 2024 Highlights:

Consolidated delivered sales of $2.05 billionGross... More