La-z-boy incorporated reports strong second quarter results; retail segment delivered sales up 3%; board approves 10% increase to quarterly dividend
Fiscal 2025 second quarter highlights : consolidated delivered sales of $521 million up 2% versus prior year retail segment sales increased 3% led by independent la-z-boy furniture galleries® acquisitions, new stores, and record labor day sales results gaap and non-gaap (1) diluted eps of $0.71 delivered sales and non-gaap (1) operating margin ahead of guidance company-owned la-z-boy furniture galleries® network grew by five stores, with three new stores, two newly acquired independent la-z-boy furniture galleries® stores, and an additional two-store acquisition signed and expected to close in the third quarter quarterly dividend increased to $0.22, 10% higher than the previous dividend monroe, mich., nov. 19, 2024 (globe newswire) -- la-z-boy incorporated (nyse: lzb), a global leader in the retail and manufacture of residential furniture, today reported strong second quarter results for the period ended october 26, 2024.
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