La-Z-Boy Inc.

-0.02 (-0.04%)
4:00:00 PM EDT: $33.24 -0.06 (-0.17%)
Share Repurchases, Other Pre-Announcement

La-Z-Boy Q1 Adj Earnings Per Share $0.55

Published: 08/17/2021 21:01 GMT
La-Z-Boy Inc. (LZB) - La-z-boy Reports Record Sales for Fiscal 2022 First Quarter.
Q1 Non-GAAP Earnings per Share $0.55.
Q1 Sales $524.8 Million Versus Refinitiv Ibes Estimate of $485.9 Million.
Q1 Earnings per Share Estimate $0.56 -- Refinitiv Ibes Data (analyst estimates).
Qtrly Written Same-store Sales in Company-owned Retail Segment Increased 22%.
Q1 GAAP Earnings per Share $0.54.
Co's Board of Directors Approved an Increase of 6.5 Million Shares to Its Existing Share Repurchase Authorization.
Qtrly Written Same-store Sales for Entire La-z-boy Furniture Galleries Network Increased 10.4%.
Expects to Execute Repurchase Program Over a Three-to-four-year Period.