La-Z-Boy Cites Slow Housing Market for Declining Traffic -- Market Talk

Dow Jones

Aug 20, 2025

1107 ET - A sluggish housing market is partially to blame for a slowdown in traffic for La-Z-Boy, CEO Melinda Whittington says on a call with analysts. The furniture maker reports same-store sales down 4% in its retail segment as lower demand was only partially offset by higher prices. Traffic industrywide is depressed, Whittington says. Housing transactions are still near 30-year lows as consumers continue to face challenges in an uncertain economy, the CEO says. Industry data for the current quarter continues to be volatile and mixed, with La-Z-Boy's retail public company peers reporting same-store sales down in the low- to mid-single-digit percentage range, Whittington says. Shares fall 14% to $33.69. (dean.seal@wsj.com)

(END) Dow Jones Newswires

August 20, 2025 11:07 ET (15:07 GMT)

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The furniture maker reports same-store sales down 4% in its retail segment as lower demand was only partially offset by higher prices. Traffic industrywide is depressed, Whittington says. Housing transactions are still near 30-year lows as consumers continue to face challenges in an uncertain economy, the CEO says. Industry data for the current quarter continues to be volatile and mixed, with La-Z-Boy's retail public company peers reporting same-store sales down in the low- to mid-single-digit percentage range, Whittington says. Shares fall 14% to $33.69. 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The furniture maker reports same-store sales down 4% in its retail segment as lower demand was only partially offset by higher prices. Traffic industrywide is depressed, Whittington says. Housing transactions are still near 30-year lows as consumers continue to face challenges in an uncertain economy, the CEO says. Industry data for the current quarter continues to be volatile and mixed, with La-Z-Boy's retail public company peers reporting same-store sales down in the low- to mid-single-digit percentage range, Whittington says. Shares fall 14% to $33.69. (dean.seal@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 20, 2025 11:07 ET (15:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LZB","symbol_name":"La-Z-Boy家具","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2560107392","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560107392","pubTimestamp":1755702420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1107 ET - A sluggish housing market is partially to blame for a slowdown in traffic for La-Z-Boy, CEO Melinda Whittington says on a call with analysts. The furniture maker reports same-store sales down 4% in its retail segment as lower demand was only partially offset by higher prices. Traffic industrywide is depressed, Whittington says. Housing transactions are still near 30-year lows as consumers continue to face challenges in an uncertain economy, the CEO says. Industry data for the current quarter continues to be volatile and mixed, with La-Z-Boy's retail public company peers reporting same-store sales down in the low- to mid-single-digit percentage range, Whittington says. Shares fall 14% to $33.69. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LZB":"La-Z-Boy家具","BK4516":"特朗普概念","BK4095":"家庭装饰品"},"translate_title":"La-Z-Boy将客流量下降归咎于房地产市场低迷——Market Talk","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LZB":1},"content_text":"1107 ET - A sluggish housing market is partially to blame for a slowdown in traffic for La-Z-Boy, CEO Melinda Whittington says on a call with analysts. The furniture maker reports same-store sales down 4% in its retail segment as lower demand was only partially offset by higher prices. Traffic industrywide is depressed, Whittington says. Housing transactions are still near 30-year lows as consumers continue to face challenges in an uncertain economy, the CEO says. Industry data for the current quarter continues to be volatile and mixed, with La-Z-Boy's retail public company peers reporting same-store sales down in the low- to mid-single-digit percentage range, Whittington says. Shares fall 14% to $33.69. (dean.seal@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 20, 2025 11:07 ET (15:07 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}