La-Z-Boy Inc

La-Z-Boy Inc Reports $150.6 Million in Net Income for Fiscal Year 2023, an Increase from $106.4 Million in 2021

Track all markets on TradingView La-Z-Boy Inc (ticker: LZB), a leading global furniture manufacturer, has demonstrated a steady growth in net income over the past three fiscal years. According to its latest Securities and Exchange Commission (SEC) report, the company’s net income for fiscal year 2023 stood at $150.6 million. This shows a notable improvement […]

La-Z-Boy Inc Reports $150.6 Million in Net Income for Fiscal Year 2023, an Increase from $106.4 Million in 2021 Read More »

La-Z-Boy Inc’s Performance-based Shares Outstanding Rise to 763 Thousand, with Unrecognized Compensation Cost of $6.7 Million

Track all markets on TradingView La-Z-Boy Inc. (ticker: LZB), a leading manufacturer and retailer of furniture, has seen significant growth in its performance-based shares outstanding. As of April 29, 2023, the company had 763 thousand shares outstanding at a weighted average grant date fair value of $28.47, showing promise in the long-term financial stability and

La-Z-Boy Inc’s Performance-based Shares Outstanding Rise to 763 Thousand, with Unrecognized Compensation Cost of $6.7 Million Read More »

La-Z-Boy Inc: Impairment Losses and Investments in Start-ups

Track all markets on TradingView La-Z-Boy Inc (ticker: LZB), a prominent furniture company, experienced a considerable decrease in its investments from $51.5 million in April 2022 to $24.9 million in April 2023, with $27.2 million committed to start-ups. In total, La-Z-Boy reported an impairment loss of $2.7 million on its investments in privately held start-ups,

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La-Z-Boy Inc Continues Expansion with Multiple Store Acquisitions and U.K. Manufacturing Business Growth

Track all markets on TradingView La-Z-Boy Inc (ticker: LZB), a leading global furniture manufacturer and retailer, has been growing its retail presence through recent acquisitions of independently owned La-Z-Boy Furniture Galleries® stores and an expanded manufacturing operation in the United Kingdom. In addition to these strategic moves, the company has invested in various domestically and

La-Z-Boy Inc Continues Expansion with Multiple Store Acquisitions and U.K. Manufacturing Business Growth Read More »

La-Z-Boy Inc. Records $10.3 Million Impairment Charge in Fiscal 2023

Track all markets on TradingView La-Z-Boy Inc. (ticker: LZB), a leading furniture manufacturer and retailer, recorded a $10.3 million impairment charge for one of its investments during fiscal 2023. According to the company’s latest SEC report, this charge was recorded as a component of other income (expense), net, in the consolidated statement of income. No

La-Z-Boy Inc. Records $10.3 Million Impairment Charge in Fiscal 2023 Read More »

La-Z-Boy Inc. Shows Resilient Sales Amid Pandemic Challenges

Track all markets on TradingView La-Z-Boy Inc. (ticker: LZB), a leading manufacturer and retailer of home furnishings, has demonstrated its resilience amidst the global health crisis. Despite challenges posed by the COVID-19 pandemic, the company was able to maintain stable sales, reporting $2.35 billion for the fiscal year ended April 29, 2023 – a marginal

La-Z-Boy Inc. Shows Resilient Sales Amid Pandemic Challenges Read More »

La-Z-Boy Incorporated: Harnessing Stock-Based Compensation and Navigating Market Risks

Track all markets on TradingView La-Z-Boy Inc (LZB) is a leading furniture manufacturer and retailer, known for their iconic recliners and wide array of home furnishings. In this article, we will explore La-Z-Boy’s approach to stock-based compensation and some key market risks the company faces, according to their recently released SEC report for the fiscal

La-Z-Boy Incorporated: Harnessing Stock-Based Compensation and Navigating Market Risks Read More »

La-Z-Boy Inc Reports Challenging Industry Trends But Maintains Strong In-Store Execution in Fiscal 2023

Track all markets on TradingView La-Z-Boy Inc (LZB) faced a challenging fiscal year 2023, marred by economic uncertainty and weaker consumer sentiment. Despite these challenges, the furniture retailer managed to maintain strong in-store execution and saw positive same-store sales in the latter half of the fiscal year, according to the company’s recent SEC report. Retail

La-Z-Boy Inc Reports Challenging Industry Trends But Maintains Strong In-Store Execution in Fiscal 2023 Read More »

La-Z-Boy Inc. Plans to Continue Stock Repurchases Supported by Anticipated Operating Cash Flows in Fiscal 2024

Track all markets on TradingView La-Z-Boy Inc., the leading global producer of reclining chairs and the second-largest manufacturer/distributor of residential furniture in the United States, spent $5.0 million to repurchase 0.2 million shares during the quarter ended April 29, 2023. As of this date, 7.3 million shares remained available for repurchase under the board authorization.

La-Z-Boy Inc. Plans to Continue Stock Repurchases Supported by Anticipated Operating Cash Flows in Fiscal 2024 Read More »

“La-Z-Boy’s Supply Chain Faces Challenges Amid Global Tariffs and Regulatory Changes”

Track all markets on TradingView La-Z-Boy Inc (LZB), a leading furniture company, is grappling with the impact of international regulatory changes and trade policies, leaving their supply chain facing increased challenges. The COVID-19 pandemic has also added strain to the global supply chain and consumer demand. As a result, the company’s revenue and overall cost

“La-Z-Boy’s Supply Chain Faces Challenges Amid Global Tariffs and Regulatory Changes” Read More »