La-Z-Boy(LZB)盘前大涨17% 第四财季超预期 盈利改善叠加30亿回购提振股价

金吾财讯
Jun 17

金吾财讯 | 家居企业 La-Z-Boy (LZB) 绩后盘前股价暴涨,报41.07美元,涨17.14%。

消息面上,La-Z-Boy (LZB)盘后公布第四财季财报,营收、盈利双双超出市场一致预期,库存与费用精细化管理带动利润率大幅提升,盘后股价涨幅超 15%,有望收复此前连续三日跌幅。公司首席执行官梅琳达・惠廷顿表示,全业务线高效执行推动季度利润率超预期,门店扩张与收购独立经销商门店,对冲行业整体疲软态势,稳定终端销售规模。本财年公司完成北美软垫家具垂直整合,剥离批发家具业务、精简英国供应链、升级全域配送体系,运营效率显著优化,第四财季营业利润率提升 200 个基点至 7.2%,调整后营业利润率上涨 50 个基点至 9.9%。

零售板块销售额同比增长 11%,抵消批发业务下滑拖累,整体总收入持平上年同期并优于预期;调整后每股收益 1.26 美元,同比增幅 37%,较市场预期高出 0.44 美元。公司同步更新新财季业绩指引,预计销售额增速 4%,区间 4.9 亿至 5.1 亿美元,中枢 5 亿美元,上调此前 4.955 亿美元预期;营业利润率区间 4.0% 至 5.5%,对比去年同期 4.5% 存在小幅波动。

配套资本动作同步落地,企业推出全新 3 亿美元股票回购计划,替换原有回购方案,向市场传递管理层对中长期经营基本面的信心,家具消费板块整体需求偏弱背景下,机构将其视作板块经营韧性标杆标的。

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