La-Z-Boy Incorporated ( (LZB) ) just unveiled an announcement.
La-Z-Boy Incorporated reported strong second-quarter results, with sales rising to $521 million, a 2% increase from the previous year, and a 10% hike in its quarterly dividend. The Retail segment saw a 3% growth, bolstered by acquisitions and new store openings, while GAAP and Non-GAAP earnings per share were reported at $0.71. Despite industry challenges, La-Z-Boy’s iconic brand and robust product portfolio continue to deliver growth, outperforming market trends and enhancing shareholder returns.
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