La-Z-Boy Inc.

NYSE:LZB   10:33:58 AM EDT
+0.63 (+1.79%)
Earnings Announcements

La-Z-Boy Reports Record Sales For The Fiscal 2022 Second Quarter And Sequential Operating Margin Improvement

Published: 11/16/2021 21:39 GMT
La-Z-Boy Inc. (LZB) - La-z-boy Reports Record Sales for the Fiscal 2022 Second Quarter and Sequential Operating Margin Improvement.
Q2 Non-GAAP Earnings per Share $0.85.
Q2 Sales Rose 25 Percent to $576 Million.
Q2 GAAP Earnings per Share $0.89.
Qtrly Written Same-store Sales for Entire La-z-boy Furniture Galleries Network Decreased 6.0% for Fiscal 2022 Q2.
Continue to Expect Sales and Margin Momentum to Accelerate, Particularly in Q4.
Continue to Expect to Deliver Full-year Consolidated Operating Margin at Or Near Double Digits.
Q2 Earnings per Share View $0.73, Revenue View $540.0 Million -- Refinitiv Ibes Data (analyst estimates).
Qtrly Retail Segment Delivered Same-store Sales Increased 17% in Fiscal 2022 Q2 Versus Year-ago Period.
Revenue is expected to be $559.59 Million
Adjusted EPS is expected to be $0.89

Next Quarter Revenue Guidance is expected to be $619.06 Million
Next Quarter EPS Guidance is expected to be $1.38

More details on our Analysts Page.