MONROE, Mich., May 01, 2024 — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today declared a quarterly cash dividend on the company’s common stock of $0.20 per share. The dividend will be paid on June 14, 2024 to shareholders of record as of June 4, 2024.
HIGH POINT — It’s been eight months since furniture maker and Top 100 retailer La-Z-Boy rolled out its “Long Live the Lazy” campaign. And it’s not feeling the least bit restless.
In fact, officials are just starting to get good and comfy.
Rob Sundy, chief commercial officer for the Monroe, Mich.-based brand, said in the first eight months of Long Live the Lazy, there’s been a lot to like.
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, a global leader in the manufacture and retail of residential furniture, today released its fiscal year 2023 Sustainability Report: Delivering Sustainable Comfort.
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.”
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.
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.
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.
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 (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.
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