La-Z-Boy Inc.

NYSE:LZB   3:59:58 PM EDT
+0.77 (+3.15%)
Other Pre-Announcement

La-Z-Boy Reports Q4 Sales Of $685 Mln, Up 32%

Published: 06/21/2022 20:53 GMT
La-Z-Boy Inc. (LZB) - La-z-boy Reports Record Sales and Operating Income for the Fiscal 2022 Fourth Quarter and Full Year.
Q4 Non-GAAP Earnings per Share $1.07.
Qtrly Consolidated Sales Increased 32% to a Record $685 Million.
Expect Delivered Sales for Fiscal 2023 Q1 to Be Up 7% to 10% Versus Q1 of Fiscal 2022, in a Range of $560 Million to $575 Million.
Qtrly Earnings per Share $1.33.
Expect Q1 Consolidated Non-GAAP Operating Margin to Be in a Range of 6.5% to 7.5%.
La-z-boy- Expect Current Macroeconomic & Geopolitical Uncertainty & Effect on Consumer Sentiment Likely Cause Demand Trends to Remain Volatile.
Expect Demand Trends to Remain Volatile for Foreseeable Future.
Q4 Earnings per Share View $0.92, Revenue View $664.9 Million -- Refinitiv Ibes Data (analyst estimates).