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Shares of office-furniture supplier Steelcase Inc. (SCS) rose on Wednesday reported first-quarter results that beat estimates, but its second-quarter sales forecast came up short of Wall Street’s expectations, as demand remains in flux even as more corporate staff return to offices. The company reported first-quarter net income of $1.5 million, or 1 cent per share, […]
La-Z-Boy Inc (LZB) said after close Tuesday that it earned $0.99 per share in quarter four 2023. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods. On the revenue line, the company reported $561.3 million, beating estimates by $28.3 million.
On June 21, 2023, Steelcase, a renowned furniture design and manufacturing company, released its Q1 earnings report. The report revealed that the company incurred a net loss of $11.4 million, or $0.10 per share. Additionally, the adjusted loss per share was $0.19, which is lower than the expected EPS estimate of $0.21. The Q1 adjusted EPS is anticipated […]
MONROE, Mich., June 20, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported solid fourth quarter and full year results for the period ending April 29, 2023. Fourth Quarter 2023 Financial Highlights: Consolidated sales of $561 million -12% adjusting for the 53rd week in the fourth quarter of fiscal […]
La-Z-Boy Set to Reveal Quarterly Earnings as Industry Challenges Loom As the residential furniture market continues to face challenges, La-Z-Boy is set to release its earnings data after the close of trading on June 20th. Industry analysts expect the company’s earnings per share for the quarter to be around $0.73.
Atlas Private Wealth Advisors has recently revealed that they have decreased their position in MillerKnoll, Inc. (NASDAQ:MLKN) by 26.1% in the fourth quarter, as seen in their most recent Form 13F filing with the Securities & Exchange Commission. Their holdings in the company are now at 31,671 shares after they sold 11,197 shares during this […]
East Greenville, PA., June 13, 2023 – Knoll will present its refreshed design direction in Chicago at MillerKnoll Design Days from June 12-14. The flagship Knoll showroom at 811 W. Fulton Market will feature a complete re-design, re-introductions of archival designs by Florence Knoll and Eero Saarinen, and new designs by Antenna Design and Dan Grabowski.
MONROE, Mich. — Fourth quarter growth in its retail segment capped off La-Z-Boy Inc.‘s fiscal year, which generated records for both retail segment sales and consolidated earnings per share. For the full year ended April 29, the company generated consolidated sales of $2.3 billion, up 2% when adjusting for the 53th week in the FY calendar. […]
MONROE, Mich. — From retail expansion to new concept tests, La-Z-Boy Inc. is making moves to out-perform the overall industry in the months ahead. Coming off the company’s second consecutive year of record results despite a distrupted environment, La-Z-Boy executives struck a confident note during this morning’s quarterly investor call. And they outlined plans to pursue growth, […]
DUBUQUE, Iowa–(BUSINESS WIRE)–Flexsteel Industries, Inc. (NASDAQ:FLXS), announced its Board of Directors declared a quarterly dividend of $0.15 per share, payable July 10, 2023, to shareholders of record as of June 28, 2023. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 326th consecutive quarterly cash dividend.
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