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La-Z-Boy Incorporated - $LZB STOCK NEWS

Welcome to our dedicated page for La-Z-Boy Incorporated news (Ticker: $LZB), a resource for investors and traders seeking the latest updates and insights on La-Z-Boy Incorporated stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect La-Z-Boy Incorporated's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of La-Z-Boy Incorporated's position in the market.

News
La-Z-Boy Incorporated Declares Quarterly Dividend
Rhea-AI Summary

La-Z-Boy Incorporated, a leading furniture manufacturer, declared a quarterly cash dividend of $0.20 per share, payable on June 14, 2024, to shareholders of record as of June 4, 2024.

The company, known for its iconic recliner since 1927, operates globally with a focus on quality and consumer satisfaction through its retail and wholesale segments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
dividends
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News
England Furniture Brand Celebrates 60th Anniversary at High Point Furniture Market
Rhea-AI Summary
England Inc., a subsidiary of La-Z-Boy Incorporated, celebrated its 60th anniversary at High Point Furniture Market with a ribbon-cutting ceremony. The event highlighted the brand's customized upholstery offerings, consumer preference, and newly renovated showroom. Key executives and stakeholders participated in the celebration, emphasizing the brand's legacy and commitment to quality and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
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News
La-Z-Boy Incorporated to Present at Raymond James 45th Annual Institutional Investors Conference
Rhea-AI Summary
La-Z-Boy (LZB) to Present at Raymond James Conference: CEO and CFO to Discuss Company's Strategy and Financial Performance
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.64%
Tags
conferences
News
La-Z-Boy Incorporated Reports Third Quarter Results
Rhea-AI Summary
La-Z-Boy Incorporated (NYSE: LZB) reported fiscal 2024 third-quarter results with consolidated sales of $500 million, up 5% from the pre-pandemic third quarter but down 13% from the year-ago period. The company faced challenges due to winter weather events in January, impacting operations and sales. Despite this, La-Z-Boy saw gross margin expansion, generated $48 million in operating cash flow for the quarter, and acquired six independent La-Z-Boy Furniture Galleries® stores.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.42%
Tags
earnings
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News
La-Z-Boy Incorporated Releases FY 2023 Sustainability Report: Delivering Sustainable Comfort
Rhea-AI Summary
La-Z-Boy Incorporated releases its fiscal year 2023 Sustainability Report, emphasizing commitments to environmental sustainability, social responsibility, and ethical governance. Key highlights include progress towards carbon neutrality, use of sustainably harvested wood, and expansion of employee giving programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
none
-
News
La-Z-Boy Incorporated Announces Timing of Third Quarter Fiscal 2024 Earnings Release and Conference Call
Rhea-AI Summary
La-Z-Boy Incorporated (NYSE: LZB) will report its third quarter fiscal 2024 results on February 20, 2024, and hold its investor conference call on February 21, 2024. The call will be webcast live and archived on the internet. A telephone replay will be available for two weeks following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
earnings
News
La-Z-Boy Incorporated Announces Investment in Furniture Market Showrooms, Reinforcing Commitment to Industry Furniture Markets
Rhea-AI Summary
La-Z-Boy Incorporated announces significant investments in showroom renovations at key industry furniture markets, reflecting the company's financial stability and commitment to customer service. The company plans to extend the lease for its showrooms at High Point Market and Las Vegas Market, committing to major renovations to better serve its customers, partners, and stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
none
-
News
La-Z-Boy Incorporated to Present at the 2024 ICR Conference
Rhea-AI Summary
La-Z-Boy Incorporated (NYSE: LZB) announced that Melinda D. Whittington, President and CEO, and Bob Lucian, SVP and CFO, will present at the 2024 ICR Conference on January 8, 2024, at 9:30 a.m. Eastern Time. The presentation will be webcast live and archived at https://lazboy.gcs-web.com/.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
conferences
-
News
La-Z-Boy to Present at Morgan Stanley Global Consumer & Retail Conference
Rhea-AI Summary
La-Z-Boy Incorporated (NYSE: LZB) to participate in fireside chat at Morgan Stanley Global Consumer & Retail Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
Tags
conferences
News
La-Z-Boy Incorporated Reports Strong Second Quarter Results; La-Z-Boy Furniture Galleries® Network Written Same-Store Sales Up 1%; Dividend Increased 10%
Rhea-AI Summary
La-Z-Boy Incorporated (NYSE: LZB) reported second quarter results for fiscal 2024, with sales totaling $511 million and a 1% increase in written same-store sales for the entire La-Z-Boy Furniture Galleries® network. The company achieved a GAAP diluted EPS of $0.63 and a Non-GAAP diluted EPS of $0.74. Operating cash flow for the year to date was $57 million, 84% above the year ago period, and the dividend was increased by 10% to $0.20 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.01%
Tags
dividends earnings
Stock LZB logo
La-Z-Boy Incorporated

NYSE:LZB

LZB Rankings

#2170 Ranked by Market Cap
#1115 Ranked by Stock Gains
#1283 Ranked by Dividends

LZB Stock Data

1.45B
42.29M
0.81%
103.07%
5.87%
Upholstered Household Furniture Manufacturing
Manufacturing
Link
United States of America
MONROE

About LZB

la-z-boy incorporated is one of the world's leading residential furniture producers, marketing furniture for every room of the home. our state-of-the-art world headquarters, located in monroe, mi, is just a short drive from the ann arbor, metro detroit and toledo areas. notably, our building was recently awarded the leed silver certification by the u.s. green building council. la-z-boy’s network of 300+ retail stores span across the u.s. and canada, and our vast distribution network allows our product to reach consumers and retailers across the globe. we are also proud that our u.s. based manufacturing plants and regional distribution centers achieved record performances for safety this past year, establishing new records for the u.s. furniture industry. further, we understand that being a great employer also means being a good corporate citizen. as such, la-z-boy and the la-z-boy foundation contributed almost $3 million in financial and product donations to non-profit organizations th