Key Developments: La-Z-Boy Inc (LZB.N)

LZB.N on New York Stock Exchange

21.63USD
25 Jul 2014
Price Change (% chg)

$-0.21 (-0.96%)
Prev Close
$21.84
Open
$21.59
Day's High
$21.83
Day's Low
$21.45
Volume
90,041
Avg. Vol
138,117
52-wk High
$31.22
52-wk Low
$19.98

Search Stocks

Latest Key Developments (Source: Significant Developments)

La-Z-Boy declares quarterly cash dividend
Tuesday, 29 Apr 2014 04:05pm EDT 

La-Z-Boy Inc:Declares quarterly cash dividend on the company's common stock of $0.06 per share.Dividend is payable June 10, to shareholders of record as of May 29.  Full Article

La-Z-Boy In declares regular quarterly cash dividend
Tuesday, 18 Feb 2014 04:13pm EST 

La-Z-Boy In:Says it has declared a regular quarterly cash dividend of $0.06 per share on the company's common stock.Says dividend will be paid on Mar. 10, to shareholders of record as of Feb. 28.  Full Article

La-Z-Boy In signs agreement to sell Bauhaus USA Inc
Thursday, 13 Feb 2014 04:05pm EST 

La-Z-Boy In:Signs an agreement to sell Bauhaus U.S.A., Inc., an operating company within La-Z-Boy's upholstery segment, to an investor group led by Britt Allred, President, Bauhaus.Terms of the transaction, which is expected to close in the fiscal 2014 fourth quarter, were not disclosed.Bauhaus, a 25-year-old company that La-Z-Boy has owned since 1999, is based in Saltillo, Mississippi, and offers primarily contemporary sofas, sectionals and occasional chairs that are marketed in the U.S., Canada, the Far East and Europe.  Full Article

La-Z-Boy Incorporated Increases Dividend By 50%
Tuesday, 19 Nov 2013 04:10pm EST 

La-Z-Boy Incorporated announced that the Board of Directors increased the Company's regular quarterly dividend to shareholders by 50% to $0.06 per share. The dividend will be paid on December 10, 2013, to shareholders of record as of November 29, 2013.  Full Article

La-Z-Boy In To Acquire Two La-Z-Boy Furniture Galleries Stores In Ohio
Thursday, 10 Oct 2013 04:10pm EDT 

La-Z-Boy In announced it intends to acquire two La-Z-Boy Furniture Galleries stores located in the Youngstown, Ohio market, with combined revenue of approximately $6.5 million. The stores are located in Boardman and Howland, Ohio, and are owned and operated by independent dealers Ron and Marisa D'Alesandro, who are retiring. As with prior transactions, it was mutually decided that transitioning the stores to a subsidiary of La-Z-Boy Incorporated would be in the best interest of the employees of both stores while providing for the greatest stability and continuity of the business in the Ohio market. The two stores will become part of La-Z-Boy's retail operation and will bring the total company-owned store count within the retail segment to 98. The deal is expected to close in mid-November, subject to customary closing conditions. Terms of the transaction are not being disclosed.  Full Article

La-Z-Boy In To Acquire Three La-Z-Boy Furniture Galleries Stores In Las Vegas
Wednesday, 11 Sep 2013 04:05pm EDT 

La-Z-Boy In announced it intends to acquire three La-Z-Boy Furniture Galleries stores located in the Las Vegas, NV market, with combined revenue of approximately $11 million. Included in the transaction are two stores in Las Vegas and one in Henderson. The transaction is a result of the planned retirement of the independent dealer, Steve Hueftle, who opened his first La-Z-Boy Furniture Galleries store in 1988, and the mutually agreed-upon decision that transitioning the stores to a subsidiary of La-Z-Boy Incorporated would be in the interest of his employees while providing for the greatest stability and continuity of the long-standing business in the Las Vegas market. The three stores will become part of La-Z-Boy's retail operation and will bring the total Company-owned store count within the retail segment to 96. The deal is expected to close on September 30, 2013, subject to customary closing conditions. Terms of the transaction are not being disclosed.  Full Article

La-Z-Boy In Declares Quarterly Dividend
Wednesday, 21 Aug 2013 04:05pm EDT 

La-Z-Boy In announced that it has declared a quarterly cash dividend on the Company's common stock of $0.04 per share. The dividend is payable September 10, 2013 to shareholders of record as of August 30, 2013.  Full Article

La-Z-Boy In Declares Quarterly Dividend
Tuesday, 30 Apr 2013 04:10pm EDT 

La-Z-Boy In announced that it has declared a quarterly cash dividend on the company's common stock of $0.04 per share. The dividend is payable June 10, 2013 to shareholders of record as of May 30, 2013.  Full Article

La-Z-Boy In Declares Quarterly Cash Dividend
Tuesday, 19 Feb 2013 04:05pm EST 

La-Z-Boy In announced that the Company's Board of Directors declared a quarterly cash dividend of $0.04 per share on the company's common stock. The dividend will be payable March 8, 2013, to shareholders of record as of March 1, 2013.  Full Article

La-Z-Boy In And IHM Complete Land Purchase For New World Headquarters
Wednesday, 23 Jan 2013 04:15pm EST 

La-Z-Boy In announced that it has finalized the purchase a block of land from the Monroe-based Sisters, Servants of the Immaculate Heart of Mary (IHM) order. The land will be used to build a new World Headquarters for La-Z-Boy, which is expected to house approximately 500 employees. Mary Jane Herb, IHM President, and Kurt Darrow, La-Z-Boy Chairman, President, and Chief Executive Officer, signed all of the closing documents for the sale of 120 acres of IHM property to La-Z-Boy. Effective with the closing, IHM has transferred the care of the land to La-Z-Boy for La-Z-Boy's new headquarters campus.  Full Article

Photo

La-Z-Boy results miss expectations as weather chills sales

- La-Z-Boy Inc , known for its namesake recliners, reported a quarterly profit that missed market expectations as unseasonably cold weather in the United States, its biggest market, hurt sales.

Search Stocks