Entries by jsa

La-Z-Boy Declares Quarterly Dividend

MONROE, Mich., May 02, 2023 (GLOBE NEWSWIRE) — Directors of La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, declared a quarterly cash dividend on the company’s common stock of $0.1815 per share. The dividend is payable June 15, 2023 to shareholders of record as of June 2, 2023.

Flexsteel quarterly net sales decrease by 29.5%

DUBUQUE, Iowa — Flexsteel says it faced and continues to face “many consumer and macroeconomic headwinds” that led to a decrease in third quarter fiscal year 2023 financial results ended March 31, 2023. Flexsteel ranked #28 in the FDMC 300 list of top woodworking companies in North American with $544.3 million in sales. Net sales for the quarter […]

La-Z-Boy Declares Quarterly Dividend

MONROE, Mich., May 02, 2023 (GLOBE NEWSWIRE) — Directors of La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, declared a quarterly cash dividend on the company’s common stock of $0.1815 per share. The dividend is payable June 15, 2023 to shareholders of record as of June 2, 2023.

Facing macroeconomic headwinds, Flexsteel sales decline 29.5% from prior year quarter

DUBUQUE, Iowa – Flexsteel Inds. reported third quarter fiscal year 2023 financial results that showed net sales decreased 29.5% to $99.1 million compared with $140.4 million in the prior year quarter, in line with guidance provided previously. “Despite the market challenges, we delivered net sales for the third quarter of $99.1 million, representing sequential quarter-over-quarter growth […]

Pacer Advisors Inc. Increases Holdings in La-Z-Boy by 28.8%: An Insight into the Company and its Market Performance

On April 29, 2023, it was reported that Pacer Advisors Inc., an institutional investor, has increased its holdings in La-Z-Boy Incorporated by a staggering 28.8% during the fourth quarter of the previous year. The company now owns 265,569 shares of La-Z-Boy’s stock after purchasing an additional 59,404 shares within the period. This move has made […]

How La-Z-Boy Stays Ahead of Changing Consumer Trends With Insights Ecosystem Investment

Ninety-five-year-old furniture brand La-Z-Boy has been in the midst of a major overhaul since 2021, when the company launched its Century Vision approach for strategic growth. Among the many goals is building a robust consumer insights ecosystem by 2027 that will allow the company to quickly adapt to changing shopping behavior and trends, remaining relevant […]