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La-Z-Boy Inc (LZB.N)

LZB.N on New York Stock Exchange

32.20USD
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

La-Z-Boy Reports Fiscal 2018 Third-Quarter Results
Tuesday, 20 Feb 2018 04:15pm EST 

Feb 20 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY REPORTS FISCAL 2018 THIRD-QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.25.Q3 SALES ROSE 6.1 PERCENT TO $413.6 MILLION.‍QTRLY SAME-STORE WRITTEN SALES FOR LA-Z-BOY FURNITURE GALLERIES NETWORK INCREASED 2.6 PCT​.Q3 EARNINGS PER SHARE VIEW $0.46, REVENUE VIEW $402.7 MILLION -- THOMSON REUTERS I/B/E/S.‍RESULTS FOR Q3 OF FISCAL 2018 INCLUDED A $0.20 PER SHARE NET CHARGE RELATED TO TAX REFORM, OR $9.5 MILLION​.LA-Z-BOY - QTRLY EPS INCLUDES $0.20 PER SHARE NET CHARGE RELATED TO TAX REFORM, $0.06 PER SHARE CHARGE RELATED TO PREVIOUSLY ANNOUNCED LEGAL SETTLEMENT​.‍FOR Q4, RAW MATERIAL PRICES ARE NOT ANTICIPATED TO BE A DRAG ON MARGIN​S.  Full Article

La-Z-Boy Inc Entered Settlement Agreement And Release With Megdal Associates, Others‍​
Wednesday, 27 Dec 2017 04:16pm EST 

Dec 27 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY INC - ON DECEMBER 21, 2017, CO ENTERED SETTLEMENT AGREEMENT AND RELEASE WITH MEGDAL ASSOCIATES, OTHERS‍​.LA-Z-BOY - ‍SETTLEMENT RELATED TO CIVIL LAWSUIT FILED AGAINST CO OVER CONTRACT MEGDAL CLAIMED REQUIRED CO TO MAKE PAYMENTS FOR CERTAIN POWER UNITS​.LA-Z-BOY - ‍UNDER TERMS OF SETTLEMENT, PARTIES SETTLED LEGAL DISPUTE WITH NO ADMISSION OF LIABILITY, WRONGDOING OR RESPONSIBILITY BY ANY OF PARTIES​.LA-Z-BOY - UNDER SETTLEMENT, PARTIES RELEASED EACH OTHER FROM ALL FUTURE, PAST CLAIMS UNDER CONTRACT, CO AGREED TO PAY MEGDAL SUM OF $13.5 MILLION​.LA-Z-BOY SAYS ‍WITH ANNOUNCED SETTLEMENT, CO TO RECOGNIZE ADDITIONAL CHARGE OF $4.1 MILLION IN Q3 FISCAL 2018​ - SEC FILING.  Full Article

La-Z-Boy, Units Sign $150 Mln Second Amended And Restated Credit Agreement
Thursday, 21 Dec 2017 04:38pm EST 

Dec 21 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY SAYS CO, MOST OF DOMESTIC UNITS SIGNED $150 MILLION SECOND AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.LA-Z-BOY - AMENDED AGREEMENT EXTENDS MATURITY DATE OF REVOLVING CREDIT FACILITY FROM DEC. 30, 2019, TO DEC. 19, 2022.  Full Article

La-Z-Boy Reports Q2 Earnings Per Share $0.47
Wednesday, 29 Nov 2017 04:15pm EST 

Nov 29 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY REPORTS FISCAL 2018 SECOND-QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.47.Q2 SALES $393.2 MILLION VERSUS I/B/E/S VIEW $390 MILLION.Q2 EARNINGS PER SHARE VIEW $0.45 -- THOMSON REUTERS I/B/E/S.- QTRLY ‍SAME-STORE WRITTEN SALES FOR LA-Z-BOY FURNITURE GALLERIES NETWORK INCREASED 1.9%​.- BOARD OF DIRECTORS INCREASED COMPANY'S REGULAR QUARTERLY DIVIDEND TO SHAREHOLDERS BY 9% TO $0.12 PER SHARE​.LA-Z-BOY - ‍FOR QUARTER, HURRICANES, FIRES HAD NEGATIVE EFFECT ON SALES OF ABOUT 1%, WHICH EQUATED TO ABOUT A $0.01 PER DILUTED SHARE REDUCTION IN EARNINGS​.  Full Article

La-Z-Boy CFO reports retirement
Wednesday, 27 Sep 2017 08:45am EDT 

Sept 27 (Reuters) - La-z-boy Inc ::La-Z-Boy CFO announces retirement.Says cfo Louis M. Riccio Jr to retire.La-Z-Boy inc - ‍la-Z-Boy will launch a national search for a successor who will work with Riccio through a transition period​.La-Z-Boy inc - Riccio Jr., chief financial officer, will retire after company completes its fiscal 2018 year-end reporting in June of 2018.  Full Article

La-Z-Boy sets quarterly cash dividend of $0.11 per share
Tuesday, 29 Aug 2017 04:15pm EDT 

Aug 29 (Reuters) - La-Z-Boy Inc ::Sets quarterly cash dividend of $0.11 per share.  Full Article

La-Z-Boy expects capital expenditures to be $50 mln-$55 mln for all of fiscal 2018
Tuesday, 22 Aug 2017 04:56pm EDT 

Aug 22 (Reuters) - La-z-boy Inc :La-Z-Boy Inc - Expect capital expenditures to be in the range of $50 to $55 million for all of fiscal 2018 - SEC filing‍​.La-Z-Boy inc - Currently estimate will incur about $14 million in capital expenditures related to the new innovation center in fiscal 2018.  Full Article

La-Z-Boy reports Q1 earnings per share of $0.24
Tuesday, 22 Aug 2017 04:15pm EDT 

Aug 22 (Reuters) - La-z-boy Inc :La-Z-Boy reports fiscal 2018 first-quarter results.Q1 earnings per share $0.24.Q1 sales $357.1 million versus I/B/E/S view $359.3 million.Q1 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.La-Z-Boy Inc qtrly written same-store sales increase of 0.7 percent.La-Z-Boy Inc - ‍"disappointed with our start to this fiscal year"​.  Full Article

La-Z-Boy says CEO Kurt Darrow's fiscal year 2017 total compensation was $4.95 mln - SEC Filing
Tuesday, 18 Jul 2017 04:23pm EDT 

July 18 (Reuters) - La-Z-Boy Inc :La-Z-Boy Inc says CEO Kurt Darrow's fiscal year 2017 total compensation was $4.95 million versus $5.2 million in fiscal year 2016 - SEC Filing.  Full Article

La-Z-Boy Q4 sales $412.7 million
Tuesday, 20 Jun 2017 04:15pm EDT 

June 20 (Reuters) - La-z-boy Inc :La-Z-Boy reports fiscal 2017 full-year and fourth-quarter results.Q4 sales $412.7 million versus i/b/e/s view $400.3 million.La-Z-Boy Inc says board of directors approved purchase of up to an additional 6 million shares under company's existing share purchase authorization.La-Z-Boy Inc qtrly same-store written sales for la-z-boy furniture galleries network increased 2.4%.La-Z-Boy Inc qtrly ‍same-store written sales for la-z-boy furniture galleries network increased 2.4%​.Qtrly earnings per diluted share attributable to la-z-boy incorporated increased 26.7% to $0.57 from $0.45 in the prior-year period.Q4 earnings per share $0.57.Q4 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.La-Z-Boy Inc says "Q1 is usually company's weakest in sales and earnings".  Full Article

BRIEF-La-Z-Boy Sets Quarterly Cash Dividend Of $0.12Per Share

* SETS QUARTERLY CASH DIVIDEND OF $0.12PER SHARE Source text for Eikon: Further company coverage: