MONROE, Mich., June 08, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2023 fourth quarter results after the close of trading on the New York Stock Exchange on Tuesday, June 20, 2023, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, June 21, 2023.
Davenport, May 10, 2023 (GLOBE NEWSWIRE) — Davenport, Iowa –
La-Z-Boy Furniture Galleries & Decor, a furniture store in Davenport, IA, and serves the Quad Cities area, is offering a full range of furniture, coupled with the assistance of their interior design professionals to ensure that homeowners can achieve their dream home. They provide the design services free of charge and this begins with a free consultation with a La-Z-Boy Interior Designer in-store, at home, or virtually. In this consultation, it is possible for the homeowner and designer to create a custom-tailored room plan that reflects the customer’s own personal style, preferences, and budget.
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.
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 Pacer Advisors Inc. own 0.62% of La-Z-Boy worth $6,060,000 as of their most recent filing with the Securities and Exchange Commission.
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 and timely with consumers.
To do so, the company first needed to establish a consumer insights division, tapping two experts to lead the charge: Megan Battig, senior consumer insights manager, and Jorge Calvachi, director of consumer insights. They created a growth learning plan, identifying a strategy to learn who the consumer is, what they want, and how they shop.
Comerica Bank cut its stake in shares of La-Z-Boy Incorporated (NYSE:LZB) by 22.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,113 shares of the company’s stock after selling 7,670 shares during the period. Comerica Bank owned approximately 0.06% of La-Z-Boy worth $695,000 as of its most recent SEC filing.
Comerica Bank has announced a 22.7% reduction in its stake in shares of La-Z-Boy Incorporated (NYSE:LZB). The holding was cut to 26,113 shares from the initial purchase of 33,783. The move was made during the fourth quarter of the company, which ended on December 31st, 2020, and was detailed in its latest filing with the Securities & Exchange Commission (SEC). According to the same document, Comerica Bank owned approximately 0.06% of La-Z-Boy worth $695,000 as of its most recent SEC filing.
MONROE, Mich. — In an effort to better glean customer insight, Top 100 retailer La-Z-Boy is partnering with Swedish software-as-a-service provider Stravito. The partnership is part of the Monroe, Mich.-based brand’s effort to create a customer insights department as it approaches 100 years in business.
Responsible for the foundational learning behind La-Z-Boy’s consumer growth targets, Megan Battig, senior consumer insights manager, explored how the implementation of the new insights division could unlock brand growth and help achieve the company’s Century Vision goals by 2027.
Maryland State Retirement & Pension System has recently acquired a new stake in La-Z-Boy Incorporated, as reported by its most recent filing with the Securities and Exchange Commission. The purchase amounted to 17,940 shares at approximately $409,000. This move solidifies Maryland State Retirement & Pension System’s position in a company that engages in the production of reclining chairs and manufacture and distribution of residential furniture.
MONROE, Mich. — La-Z-Boy Inc. is realigning its executive team in conjunction with several upcoming retirements. As of April 17, Rebecca Reeder will be president, Retail La-Z-Boy Furniture Galleries.
In this role, Reeder will have executive oversight and P&L responsibility for the company’s retail segment, which includes 168 of the 346 La-Z-Boy Furniture Galleries stores. She will assume responsibility for sales to the remaining independently owned La-Z-Boy Furniture Galleries stores.
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