La-Z-Boy: Margin Recovery And Upside Potential
8 February, 2023
The company’s revenue grew by 31% YoY to reach a record $252 million, while same-store-sales grew by +25% YoY. In addition, due to business growth, operating margins in the retail segment increased from 12.5% in 2Q21 to 16.5% in 2Q22.
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