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La-Z-Boy Inc (LZB.N)

LZB.N on New York Stock Exchange

32.20USD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

La-Z-Boy Inc Entered Settlement Agreement And Release With Megdal Associates, Others‍​
Thursday, 28 Dec 2017 

Dec 27 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY INC - ON DECEMBER 21, 2017, CO ENTERED SETTLEMENT AGREEMENT AND RELEASE WITH MEGDAL ASSOCIATES, OTHERS‍​.LA-Z-BOY - ‍SETTLEMENT RELATED TO CIVIL LAWSUIT FILED AGAINST CO OVER CONTRACT MEGDAL CLAIMED REQUIRED CO TO MAKE PAYMENTS FOR CERTAIN POWER UNITS​.LA-Z-BOY - ‍UNDER TERMS OF SETTLEMENT, PARTIES SETTLED LEGAL DISPUTE WITH NO ADMISSION OF LIABILITY, WRONGDOING OR RESPONSIBILITY BY ANY OF PARTIES​.LA-Z-BOY - UNDER SETTLEMENT, PARTIES RELEASED EACH OTHER FROM ALL FUTURE, PAST CLAIMS UNDER CONTRACT, CO AGREED TO PAY MEGDAL SUM OF $13.5 MILLION​.LA-Z-BOY SAYS ‍WITH ANNOUNCED SETTLEMENT, CO TO RECOGNIZE ADDITIONAL CHARGE OF $4.1 MILLION IN Q3 FISCAL 2018​ - SEC FILING.  Full Article

La-Z-Boy, Units Sign $150 Mln Second Amended And Restated Credit Agreement
Friday, 22 Dec 2017 

Dec 21 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY SAYS CO, MOST OF DOMESTIC UNITS SIGNED $150 MILLION SECOND AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.LA-Z-BOY - AMENDED AGREEMENT EXTENDS MATURITY DATE OF REVOLVING CREDIT FACILITY FROM DEC. 30, 2019, TO DEC. 19, 2022.  Full Article

La-Z-Boy Reports Q2 Earnings Per Share $0.47
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - La-Z-Boy Inc ::LA-Z-BOY REPORTS FISCAL 2018 SECOND-QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.47.Q2 SALES $393.2 MILLION VERSUS I/B/E/S VIEW $390 MILLION.Q2 EARNINGS PER SHARE VIEW $0.45 -- THOMSON REUTERS I/B/E/S.- QTRLY ‍SAME-STORE WRITTEN SALES FOR LA-Z-BOY FURNITURE GALLERIES NETWORK INCREASED 1.9%​.- BOARD OF DIRECTORS INCREASED COMPANY'S REGULAR QUARTERLY DIVIDEND TO SHAREHOLDERS BY 9% TO $0.12 PER SHARE​.LA-Z-BOY - ‍FOR QUARTER, HURRICANES, FIRES HAD NEGATIVE EFFECT ON SALES OF ABOUT 1%, WHICH EQUATED TO ABOUT A $0.01 PER DILUTED SHARE REDUCTION IN EARNINGS​.  Full Article

La-Z-Boy Q4 sales $412.7 million
Wednesday, 21 Jun 2017 

June 20 (Reuters) - La-z-boy Inc :La-Z-Boy reports fiscal 2017 full-year and fourth-quarter results.Q4 sales $412.7 million versus i/b/e/s view $400.3 million.La-Z-Boy Inc says board of directors approved purchase of up to an additional 6 million shares under company's existing share purchase authorization.La-Z-Boy Inc qtrly same-store written sales for la-z-boy furniture galleries network increased 2.4%.La-Z-Boy Inc qtrly ‍same-store written sales for la-z-boy furniture galleries network increased 2.4%​.Qtrly earnings per diluted share attributable to la-z-boy incorporated increased 26.7% to $0.57 from $0.45 in the prior-year period.Q4 earnings per share $0.57.Q4 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.La-Z-Boy Inc says "Q1 is usually company's weakest in sales and earnings".  Full Article

La-Z-Boy Q1 earnings per share $0.28
Wednesday, 24 Aug 2016 

La-Z-Boy Inc : La-Z-Boy reports fiscal 2017 first-quarter results . Q1 earnings per share $0.28 . Q1 sales $340.8 million versus I/B/E/S view $358.8 million . Q1 earnings per share view $0.29 -- Thomson Reuters I/B/E/S .Qtrly same-store sales for La-Z-Boy furniture galleries network declined 1.9% versus an increase of 5.3% in last year's Q1.  Full Article

La-Z-Boy CEO Darrow's 2016 compensation was $5.2 mln - SEC filing
Wednesday, 13 Jul 2016 

La-z-boy Inc :LA-Z-Boy Inc says CEO Kurt Darrow's FY 2016 total compensation was $5.2 million versus $4.2 million in FY 2015 - SEC filing.  Full Article

La-Z-Boy Q4 sales $417.1 million
Wednesday, 22 Jun 2016 

La-z-boy Inc : Z-Boy inc qtrly same-store written sales for la-z-boy furniture galleries network increased 2.2% on a comparable basis . Qtrly earnings per share from continuing operations attributable to la-z-boy incorporated $0.45 . Plants shut down for one week of vacation and maintenance in july, during q1 . Z-Boy reports fiscal 2016 full-year and fourth-quarter results .Q4 sales $417.1 million versus i/b/e/s view $416.5 million.  Full Article

BRIEF-La-Z-Boy Reports Fiscal 2018 Third-Quarter Results

* ‍QTRLY SAME-STORE WRITTEN SALES FOR LA-Z-BOY FURNITURE GALLERIES NETWORK INCREASED 2.6 PCT​