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La-Z-Boy Inc. - LZB STOCK NEWS

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

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'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's position in the 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%
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none
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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
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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%
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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%
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none
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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
-
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%
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none
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
-
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
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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
Rhea-AI Summary
La-Z-Boy Incorporated (NYSE: LZB) will report its second quarter fiscal 2024 results on November 29, 2023, and hold a conference call on November 30, 2023. The call will be webcast live and archived on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
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La-Z-Boy Inc.

NYSE:LZB

LZB Rankings

LZB Stock Data

1.45B
42.29M
0.81%
103.07%
5.87%
Upholstered Household Furniture Manufacturing
Manufacturing
Link
US
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