La-Z-Boy Fiscal Q3 Non-GAAP Earnings, Sales Increase; Fiscal Q4 Sales Outlook Set

MT Newswires Live
02-19

La-Z-Boy (LZB) reported fiscal Q3 non-GAAP earnings late Tuesday of $0.68 per diluted share, up from $0.67 a year earlier.

Three analysts polled by FactSet expected $0.67.

Sales for the quarter ended Jan. 25 were $521.8 million, up from $500.4 million a year earlier. Three analysts surveyed by FactSet expected $516.5 million.

The company said it expects fiscal Q4 sales of between $545 million and $565 million. Three analysts polled by FactSet are looking for $566.2 million.

La-Z-Boy said it maintained its quarterly cash dividend at $0.22 per share, payable on March 14 to shareholders of record on March 4.

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