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La-Z-Boy Incorporated (LZB)
NYSE:LZB
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La-Z-Boy Incorporated (LZB) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 25, 2025
TBA Not Confirmed
Period Ending
2025 (Q3)
Consensus EPS Forecast
$0.67
Last Year’s EPS
$0.67
Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Nov 19, 2024
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% Change Since: 3.47%
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Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with growth in sales and strategic investments but also highlighted significant challenges in international operations and flat Wholesale segment sales. Despite industry headwinds, La-Z-Boy demonstrated resilience with strong Retail performance and strategic partnerships.
Company Guidance
During the La-Z-Boy Fiscal 2025 Second Quarter Conference Call, the company provided an optimistic outlook despite challenging industry conditions. The guidance highlighted a 2% increase in consolidated delivered sales to $521 million, with the Retail segment sales rising by 3%. The company reported GAAP and non-GAAP diluted EPS of $0.71, alongside a 10% increase in its quarterly dividend to $0.22. La-Z-Boy plans to continue expanding its retail footprint, aiming to grow its network to approximately 400 stores in the coming years. The company's strategic focus, Century Vision, targets sales growth at twice the market rate and aims for consistent double-digit operating margins. For the third quarter, La-Z-Boy expects delivered sales between $505 million and $525 million and a non-GAAP operating margin of 6% to 7%. The company anticipates capital expenditures of $70 million to $80 million for the fiscal year, supporting strategic growth initiatives.
Consolidated Sales Growth
La-Z-Boy reported consolidated delivered sales of $521 million, up 2% versus the prior year, marking the second consecutive quarter of sales growth.
Retail Segment Performance
Retail segment sales increased by 3%, driven by acquisitions, new store openings, and record Labor Day results. The Retail segment achieved a non-GAAP operating margin of 12.6%.
Joybird Achieves Breakeven
Joybird reported a 20% increase in delivered sales and achieved breakeven operating margin for the quarter.
Strategic Investments and Expansion
Progress in the Century Vision growth strategy with new store openings and acquisitions in the La-Z-Boy Furniture Galleries network. Also, a strategic partnership with DFS in the U.K. was announced.
Increased Dividend and Shareholder Returns
The Board increased the regular quarterly dividend by 10%. Approximately $28 million was returned to shareholders in the quarter via dividends and share repurchases.
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La-Z-Boy Incorporated (LZB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

LZB Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 25, 20252025 (Q3)
0.67 / -
0.67―――
Nov 19, 20242025 (Q2)
0.64 / 0.71
0.74-4.05% (-0.03)―
Aug 20, 20242025 (Q1)
0.60 / 0.62
0.620.00% (0.00)―
Jun 17, 20242024 (Q4)
0.70 / 0.95
0.99-4.04% (-0.04)―
Feb 20, 20242024 (Q3)
0.72 / 0.67
0.91-26.37% (-0.24)―
Nov 29, 20232024 (Q2)
0.62 / 0.74
1.05-29.52% (-0.31)―
Aug 22, 20232024 (Q1)
0.55 / 0.62
0.91-31.87% (-0.29)―
Jun 20, 20232023 (Q4)
0.72 / 0.99
1.07-7.48% (-0.08)―
Feb 21, 20232023 (Q3)
0.66 / 0.91
0.6540.00% (+0.26)―
Nov 30, 20222023 (Q2)
0.85 / 1.05
0.8523.53% (+0.20)―
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LZB Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 19, 2024$42.11$42.58+1.12%
Aug 20, 2024$41.47$40.02-3.50%
Jun 17, 2024$33.76$40.31+19.40%
Feb 20, 2024$36.99$35.36-4.41%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does La-Z-Boy Incorporated (LZB) report earnings?
La-Z-Boy Incorporated (LZB) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
    What is La-Z-Boy Incorporated (LZB) earnings time?
    La-Z-Boy Incorporated (LZB) earnings time is at Feb 25, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is LZB EPS forecast?
          LZB EPS forecast for the fiscal quarter 2025 (Q3) is $0.67.
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