La-Z-Boy Incorporated (LZB) stock prices updated...

La-Z-Boy Incorporated stock price

La-Z-Boy Incorporated latest news:

  • 08/22/2017 14:57:09

    BRIEF-La-Z-Boy expects capital expenditures to be $50 mln-$55 mln for all of fiscal 2018

    La-z-boy Inc(LZB). * La-z-boy Inc(LZB) - Expect capital expenditures to be in the range of $50 to $55 million for all of fiscal 2018 - SEC filing‍​. * La-z-boy Inc (LZB) - Currently estimate will incur about $14 million in capital expenditures related to the new innovation center in fiscal 2018 Source text: [] Further company coverage:

  • 08/22/2017 14:39:32

    La-Z-Boy shares tank after earnings miss

    Shares of La-Z-Boy Inc. fell more than 15% late Tuesday after the furniture maker reported fiscal first-quarter 2018 earnings and sales below Wall Street expectations and Chief Executive Kurt L. Darrow said the company was "disappointed" with the results. La-Z-Boy said it earned $11.7 million, or 24 cents a share, in the quarter, compared with $13.8 million, or 28 cents a share, in last year's first quarter. Sales rose 5% to $357.1 million, from $340.8 million in last year's first quarter. Analysts polled by FactSet had expected earnings of 29 cents a share on sales of $358 million. Much of the consolidated sales increase in the quarter "related to acquired sales which did not add volume to our upholstery manufacturing operations," the company's most profitable segment, Darrow said in a statement. "Lower volume throughout our plants made it difficult to absorb fixed costs and this, combined with the normal seasonal slowdown and continued investments across the business, impacted our upholstery operating margin for the period," and expenses increased in the quarter, he said. Shares had ended the regular trading session up 0.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 07/18/2017 14:24:13

    BRIEF-La-Z-Boy says CEO Kurt Darrow's fiscal year 2017 total compensation was $4.95 mln - SEC Filing

    La-Z-Boy Inc(LZB). * La-Z-Boy Inc(LZB) says CEO Kurt Darrow's fiscal year 2017 total compensation was $4.95 million versus $5.2 million in fiscal year 2016 - SEC Filing Source text: [] Further company coverage:

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