Posts

January storms impact La-Z-Boy’s Q3 sales, but company sees signs of progress

Tuesday, 20 February 2024

MONROE, Mich. — While the company reported a 13% decrease in consolidated delivered sales for its third quarter ended Jan. 27, La-Z-Boy Inc. said sales were up 5% when compared with the company’s most recent pre-pandemic third quarter.

La-Z-Boy Incorporated Releases 2023 Sustainability Report

Thursday, 11 February 2024

La-Z-Boy Incorporated, a global leader in the manufacture and retail of residential furniture, today released its fiscal year 2023 Sustainability Report: Delivering Sustainable Comfort.

La-Z-Boy to make ‘major renovations’ to showrooms, extend leases

Tuesday, 6 February 2024

MONROE, Mich. – La-Z-Boy has announced “major renovations” to its showrooms in High Point, as well as lease extensions for its showrooms in High Point and Las Vegas.

“Our commitment today is wholly enabled by the continued market success and financial stability of La-Z-Boy even in the face of challenging industry and economic conditions,” said Melinda D. Whittington, La-Z-Boy CEO. “These investments demonstrate our commitment to the industry furniture markets, while reimagining the showrooms where our brands come to life, as we meet our customers and demonstrate our product quality, comfort, and style.”

La-Z-Boy Incorporated Announces Investment in Furniture Market Showrooms, Reinforcing Commitment to Industry Furniture Markets

Monday, 5 February 2024

MONROE, Mich., Feb. 05, 2024 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, announced its investment and ongoing support of key industry furniture markets. La-Z-Boy Incorporated is formally extending the lease for its portfolio of showrooms at High Point Market in Furniture Plaza, High Point, NC and Las Vegas Market, B555 at World Market Center Las Vegas, NV. La-Z-Boy is also committing to major renovations of its showrooms in High Point, including showrooms for the La-Z-Boy brand, La-Z-Boy International, and England Furniture. These investments will allow La-Z-Boy Incorporated to better serve its customers, partners, and all stakeholders.

La-Z-Boy inks manufacturing deal with major Austrian furniture producer

Tuesday, 30 January 2024

STYRIA, Austria – Top 100 furniture retailer and manufacturer La-Z-Boy has signed a licensing and manufacturing deal with ADA, one of the largest upholstered furniture manufacturers in Europe.

ADA will serve as the exclusive manufacturer for the La-Z-Boy brand in Germany, Austria, Switzerland, Croatia and Serbia. Established in 1957, the company operates five locations across Austria, Hungary and Romania, carrying out 98% of its furniture production in-house.

Woman celebrates 50 years at La-Z-Boy

Friday, 12 January 2024

Donna Brattin is celebrating her 50th year working at La-Z-Boy in Neosho.

On Jan. 10, La-Z-Boy hosted a lunch for Brattin to honor her years with the company.

“She is the first employee to reach 50 years of service,” said Angela James, human resources manager for La-Z-Boy.

 

La-Z-Boy Incorporated to Present at the 2024 ICR Conference

Wednesday, 3 January 2024

MONROE, Mich., Jan. 03, 2024 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today announced that Melinda D. Whittington, President and Chief Executive Officer, and Bob Lucian, Senior VP and Chief Financial Officer, will present at the 2024 ICR Conference. The event will be held on January 8, 2024, at 9:30 a.m. Eastern Time. The presentation will be webcast live and archived at https://lazboy.gcs-web.com/.

La-Z-Boy Inc’s Dividend Analysis

Friday, 8 December 2023

La-Z-Boy Inc (NYSE:LZB) recently announced a dividend of $0.2 per share, payable on 2023-12-18, with the ex-dividend date set for 2023-12-08. As investors look forward to this upcoming payment, the spotlight also shines on the company’s dividend history, yield, and growth rates. Using the data from GuruFocus, let’s look into La-Z-Boy Inc’s dividend performance and assess its sustainability.

La-Z-Boy to Present at Morgan Stanley Global Consumer & Retail Conference

Monday, 4 December 2023

MONROE, Mich., Dec. 04, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today announced that Melinda D. Whittington, President and Chief Executive Officer, and Bob Lucian, Senior VP and Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference. The event will be held on December 6, 2023, at 11:00 a.m. Eastern Time. The presentation will be webcast live and archived at https://lazboy.gcs-web.com/.

La-Z-Boy partners with data integration platform company

Wednesday, 13 December 2023

OAKLAND, Calif. — La-Z-Boy has begun to use a data integration platform to break down data silos and accelerate data-driven decision making across the organization.

The residential furniture maker is working with Fivetran in an effort to streamline operations and improve the customer experience – potentially saving millions of dollars. La-Z-Boy, an FDMC 300 ranked company with multiple divisions and manufacturing plants across the U.S. and in Mexico, the UK, and Thailand, said that Fivetran provides it with data-driven insights at scale.