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La-Z-Boy sees Q3 revenue $525M-$545M, consensus $534.16M

Taylor Luebke, SVP and CFO of La-Z-Boy (LZB), said, “We expect fiscal third quarter sales to be in the range of $525-545 million and adjusted operating margin to be in the range of 5.0-6.5%, reflecting advancement of our Century Vision initiatives, friction costs related to portfolio and supply chain optimizations, and a measured view on the uncertain macroeconomic backdrop.”

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