La-Z-Boy sees Q2 revenue $510M-$530M, consensus $532.17M

Taylor Luebke, SVP and CFO of La-Z-Boy (LZB), said, “We expect fiscal second quarter sales to be in the range of $510-530 million and adjusted operating margin to be in the range of 4.5-6.0%, reflecting our continued prudent investment on strategic growth pillars while also pragmatically navigating a continued challenging consumer and macroeconomic environment.”