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Stock impact report

La-Z-Boy (NYSE:LZB) Misses Q3 Sales Targets [Yahoo! Finance]

La-Z-Boy Incorporated (LZB) 
Last la-z-boy incorporated earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: lazboy.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
It made a non-GAAP profit of $0.67 per share, down from its profit of $0.91 per share in the same quarter last year. Is now the time to buy La-Z-Boy? Find out by accessing our full research report, it's free La-Z-Boy (LZB) Q3 FY2024 Highlights: Revenue: $500.4 million vs analyst estimates of $523.1 million (4.3% miss) EPS (non-GAAP): $0.67 vs analyst expectations of $0.72 (7.4% miss) Free Cash Flow of $36.95 million, up 106% from the previous quarter Gross Margin (GAAP): 42.6%, down from 43.2% in the same quarter last year Market Capitalization: $1.63 billion Melinda D. Whittington, President and Chief Executive Officer of La-Z-Boy Incorporated, said, “We remain optimistic about the mid-to-long-term growth potential for our industry, given structural housing shortages and the expectation of improvements in interest rates and housing affordability, and our ability to disproportionately grow with the consumer. In the near term, despite the furniture and home furnishings Show less Read more
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