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La-Z-Boy Inc (LZB.N)

LZB.N on New York Stock Exchange

27.05USD
27 Feb 2017
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Latest Key Developments (Source: Significant Developments)

La-Z-Boy reports Q3 earnings per share $0.47
Tuesday, 21 Feb 2017 04:52pm EST 

La-z-boy Inc : La-Z-Boy reports fiscal 2017 third-quarter results . Q3 earnings per share $0.47 from continuing operations . Q3 sales $390 million versus I/B/E/S view $392.8 million . Q3 earnings per share $0.47 . Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Says "retail environment for home furnishings remains challenging" . La-Z-Boy Inc - qtrly same-store written sales for La-Z-boy furniture galleries store network were flat versus last year's Q3 . La-Z-Boy Inc - for fiscal 2017, we are on track for 23 store projects, including eight net new stores .La-Z-Boy inc - board of directors declared a regular quarterly cash dividend of $0.11 per share on company's stock.  Full Article

U.S. Consumer Product Safety Commission says La-Z-Boy recalls power supplies sold with lift chairs due to shock hazard
Wednesday, 8 Feb 2017 10:08am EST 

U.S. Consumer Product Safety Commission: La-Z-Boy recalls power supplies sold with lift chairs due to shock hazard . About 2,500 units of power supplies sold with lift chairs (210 units were sold in Canada) are being recalled .No injuries related to La-Z-Boy's recall of power supplies sold with lift chairs have been reported.  Full Article

La-Z-Boy acquires UK licensee and nine La-Z-Boy furniture galleries stores in US
Tuesday, 15 Nov 2016 04:30pm EST 

La-Z-Boy Inc : La-Z-Boy acquires U.K. Licensee and nine La-Z-Boy furniture galleries® stores in the U.S. . Existing furnico business outside of La-Z-Boy license will continue with its normal operations . Agreement will be effective January 1, 2017, and its results will be reported in company's upholstery segment . Nine stores acquired are profitable, will be quickly integrated into our retail segment and be accretive .Annual wholesale revenue for this business is approximately $42 million, based on current exchange rates.  Full Article

La-Z-Boy Q1 earnings per share $0.28
Tuesday, 23 Aug 2016 04:15pm EDT 

La-Z-Boy Inc : La-Z-Boy reports fiscal 2017 first-quarter results . Q1 earnings per share $0.28 . Q1 sales $340.8 million versus I/B/E/S view $358.8 million . Q1 earnings per share view $0.29 -- Thomson Reuters I/B/E/S .Qtrly same-store sales for La-Z-Boy furniture galleries network declined 1.9% versus an increase of 5.3% in last year's Q1.  Full Article

La-Z-Boy CEO Darrow's 2016 compensation was $5.2 mln - SEC filing
Wednesday, 13 Jul 2016 02:09pm EDT 

La-z-boy Inc :LA-Z-Boy Inc says CEO Kurt Darrow's FY 2016 total compensation was $5.2 million versus $4.2 million in FY 2015 - SEC filing.  Full Article

La-Z-Boy Q4 sales $417.1 million
Tuesday, 21 Jun 2016 04:15pm EDT 

La-z-boy Inc : Z-Boy inc qtrly same-store written sales for la-z-boy furniture galleries network increased 2.2% on a comparable basis . Qtrly earnings per share from continuing operations attributable to la-z-boy incorporated $0.45 . Plants shut down for one week of vacation and maintenance in july, during q1 . Z-Boy reports fiscal 2016 full-year and fourth-quarter results .Q4 sales $417.1 million versus i/b/e/s view $416.5 million.  Full Article

La-Z-Boy Inc declares quarterly dividend
Wednesday, 19 Aug 2015 04:10pm EDT 

La-Z-Boy Inc:Declared a quarterly cash dividend on the company's common stock of $0.08 per share.The dividend is payable September 10, to shareholders of record as of August 31.  Full Article

La-Z-Boy Inc recalls wall saver power reclining furniture due to fall hazard - CPSC
Monday, 11 May 2015 08:00pm EDT 

La-Z-Boy Inc:Says when reclined, the furniture can tip forward if the consumer exits without bringing the chair to an upright position, posing a fall hazard - Consumer Product Safty Commision.The recalled power reclining furniture involves three series of the PowerReclineXRw: P16, 32P and 39P.The P16 series is a single-seat recliner; the 32P series is a loveseat recliner; and the 39P series is a loveseat with a middle console.The furniture’s back and leg rest are raised and lowered electronically by pressing buttons built into the furniture’s side or on an optional attached controller.All models are upholstered in a variety of fabrics or leather products. The series and style numbers are printed on a white label stapled to the front rail behind the leg rest or the underside of the leg rest.Has received five dealer reports of the furniture tipping forward when the chair was in a reclined position. No injuries have been reported.  Full Article

La-Z-Boy Inc declares quarterly dividend
Monday, 4 May 2015 04:05pm EDT 

La-Z-Boy Inc:Declares quarterly cash dividend on common stock of $0.08 per share.Payable on June 10 to shareholders of record date as of May 28.  Full Article

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BRIEF-La-Z-Boy reports Q3 earnings per share $0.47

* Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S