1856 ET [Dow Jones]--La-Z-Boy continues to grow its network of company-owned stores, adding six last quarter for a total of 203, or 55% of its total network. The additions drove 3% higher sales in the quarter, despite continued traffic weakness across the furniture industry, which weighed on same-store sales, the company said. Over the last fiscal year, the furniture maker has opened 11 new stores, marking one of its largest annual expansions, and acquired seven independent La-Z-Boy furniture galleries. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
June 17, 2025 19:00 ET (23:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.