Retail segment drives La-Z-Boy sales gains in Q2
Tuesday, 19 November 2024
La-Z-Boy reported its second consecutive quarter of consecutive sales growth during its second quarter, with its retail segment leading the way.
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La-Z-Boy names new CFO to succeed Lucian
Friday, 11 October 2024
La-Z-Boy Inc. has named a successor for Bob Lucian, senior vice president and chief financial officer, who will retire at the end of the fiscal year, effective April 26, 2025. Taylor Luebke will succeed Lucian beginning Jan. 1.
La-Z-Boy appoints Stitch Fix CEO to board of directors
Tuesday, 17 September 2024
MONROE, Mich. — La-Z-Boy is appointing Matt Baer to its board of directors, effective Jan. 1, 2025. The move expands the board to 11 members.
La-Z-Boy streamlines supply chain with Mexico consolidation
Thursday, 12 September 2024
The focus on plant efficiencies in Mexico is part of La-Z-Boy’s larger strategy to build a more dynamic supply chain, according to Whittington. She added that the furniture maker considers its North American manufacturing footprint as a “key differentiator” for production.
La-Z-Boy director Janet Kerr sells shares worth over $159k
Saturday, 06 September 2024
La-Z-Boy Inc. (NYSE:LZB) director Janet Kerr recently sold a total of 3,890 common shares of the company, resulting in a transaction value exceeding $159,000. The sale took place on September 5, as per the latest filing with the Securities and Exchange Commission.
La-Z-Boy Foundation $150k donation helps Neosho Freeman Family YMCA with project goal
Sunday, 28 August 2024
NEOSHO, Mo. — A big-time fundraising goal has been reached in Neosho — and Tuesday it got some big-time help getting there.
Representatives from the La-Z-Boy Foundation presented a check for $150,000 to the Neosho Freeman Family YMCA. This contribution enabled the organization to meet its $255,000 overall goal for the Create a Moment Project.
Sales rise at La-Z-Boy in Q1, with gains in wholesale but declines in retail
Wednesday, 21 August 2024
MONROE, Mich. — La-Z-Boy reported $496 million in first quarter sales, a 3% increase over last year but a $58 million drop from last quarter. Net income was $26.2 million, compared with $27.5 million last year.
The company was proud of its performance, particularly in wholesale.
La-Z-Boy UK pledges to plant trees in return for reviews
Monday, 8 July 2024
Recliner brand La-Z-Boy UK is asking customers to review its products online, and in return the company has pledged to plant trees.
La-Z-Boy UK has signed up to Feefo, the world’s largest verified reviews provider, which will allow potential customers to read online reviews of its products – and the platform’s new sustainability feature, Treefo, means that every time someone leaves feedback, a tree is planted.
La-Z-Boy’s sales down 13% for fiscal year
Wednesday, 19 June 2024
MONROE — La-Z-Boy Inc. saw its sales dip by 13 percent for the fiscal year ending April 27, while sales for the fourth fiscal quarter ending on the same date were 1 percent lower than they were in the same quarter last year.
The company, which reported figures after the market closed Monday, attributed the decline in sales to the fact that figures for the fiscal fourth quarter ending on April 29 of last year included revenue earned through “delivery of a significant backlog” of pandemic-era orders.
La-Z-Boy expects modest growth after Q4 results outpace expectations
Tuesday, 18 June 2024
MONROE, Mich. – Sales at La-Z-Boy took a slight dip in the fourth quarter but shot up smartly compared with the pre-pandemic period in 2019.
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