--=La-Z-Boy (LZB) reported earnings on Tue 19 Feb 2019 (a/h)

MONROE, Mich. (AP) _ La-Z-Boy Inc. (LZB) on Tuesday reported fiscal third-quarter profit of $28.7 million.

On a per-share basis, the Monroe, Michigan-based company said it had profit of 61 cents. Earnings, adjusted for non-recurring costs, came to 63 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.

The furniture company posted revenue of $467.6 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $457.2 million.

La-Z-Boy shares have climbed 16 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $32.22, an increase of 11 percent in the last 12 months.

Earnings this week : Feb. 18 - 22, 2019 (wk 8)

Earnings confirmed to report this week:

Monday (Feb 18) 

• (Holiday) U.S. Market Closed

Tuesday (Feb 19)

• Morning: AAP ALLE WTR AAWW CLR CTB CEQP ECL FELE FDP GDI GPC HLX HIMX HEP HOLI JELD LDOS DOOR MDT NEO NBL SAGE SCI SITE TTS TSEM RIG USAC WMT
• Afternoon: ACC AWK CDNS CRMT CXW DVN  FIVN HLF HST HSTM HVT INST KAR KRG LC LMAT LNTH LZB NTB NVTA RARE SSTI TILE TVTY TXRH VRSK WIRE

Wednesday (Feb 20)

• Morning: ADI AROC BHC BDC CNDT CVS ETR FMS GCI GRMN GEL GVA HSIC HFC IPHS I LAMR NI OMI OC QUAD SAH SO TRGP VNTR VPG WIX WWW
• Afternoon: A ALB ATR AXTI CAI CAKE CAR  CBLK CDE CECO CHE CLI CONE CUTR CYH FLS FTI GDDY GDOT GHDX IAG ICLR INOV IVR JACK KALU LASR LOPE MANT MMI NDSN NE NTES NUVA O OR PAAS PEGA PI QEP RGR ROG RPT SAM SEDG TMST TRN TSLX TYL UFPI VIPS VMI WK WPG WPX WRI XEC Y

Thursday (Feb 21)

• Morning:  BRC DIN DLPH DPZ FND GIL GOGO HL HRL ITGR NCLH NEM PLAB PWR RGEN ROCK RS SFM SGMs STOR TFX VG WEN
• Afternoon:  AAOI ACIA ADSW AL AMH ANIK APPN ATUS BEAT BIDU BJRI BMRN BOOM BYD CASA CATM CBPX CENX CHSP COLD CUBE CWST CZR DBX DXCM EBS ECOL ED EGO  ENV EVRG EXAS FIX FLR FSLR GMED HALO HCC HPE HTGC INFN INT INTU IQ KEYS KHC LNT LPSN MATX MDRX NCMI NVRO OLED PAGS PBA PE PRA RMAX ROKU SBAC SEM SSRM STMP SWM TGH TTD TXMD UCTT VERI VLRS XOG

Friday (Feb 22)

• Morning: AN ASIX B CNK COG COT ERF ETM HMSY ITT MGA MNTA PNW RCM RUTH RY TDS TVPT USM W WPC

=La-Z-Boy (LZB) reported earnings on Tue 21 Aug 18 (a/h)

La-Z-Boy beats by $0.14, beats on revs 

• Reports Q1 (Jul) earnings of $0.39 per share, $0.14 better thanthe S&P Capital IQ Consensus of $0.25; revenues rose 7.7% year/year to $384.7 mln vs the $368.17 mln S&P Capital IQ Consensus
• The fiscal 2019 first-quarter results were impacted positively by a $0.03 per share benefit for currency changes and $0.05 per share due to the lower tax rate related to Tax Reform when compared with the prior-year quarter
• Margin declined slightly as recent price increases implemented to mitigate increased raw material costs were not yet fully realized in the quarter

Outlook:

• Co said, "we are optimistic about the potential for La-Z-Boy Incorporated over the long term,although concerns relating to potential duties and tariffs that could impact the business persist and we are monitoring that situation closely to determine what changes may be appropriate.At the same time, our brand is the strongest in the industry, we have a world-class supply chain, a vast distribution network, and we now own a leading online furniture brand that is poised for growth and returns. We have the elements in place for the effective execution of our comprehensive dual-growth strategy to deliver long-term value to our shareholders."

Earnings this week : Aug 20 - 24, 18 (wk 34)

Earnings confirmed to report this week:

Monday (August 20)

• Morning:  EL, IX, AU,  CMCM, HMI, SIEB, NESR, FENC
• Afternoon: NDSN LTM FANH FN TEDU ARL CMLS, EIGR  

Tuesday (Aug 21)

• Morning:  COTY  DAKT JILL KSS  MDT PINC SJM TJX TOL
• Afternoon:   BBL GSM KEYS JKHY PSTG SE MYGN LZB  RRGB URBN

Wednesday (Aug 22)

• Morning:  ADI BITA BNED FRO LOW MOMO PLAB RY SFL TGT UXIN 
• Afternoon:  BRY   BSBR HTHT LB SMRT SNPS SQM WSM QADA  ZAYO

Thursday (Aug 23)

• Morning:  BABA VMW INTU CM HPQ LX HRL  CTRN FLWS FLY HMLP  LANC  PLCE  SAFM SPWH TTC
• Afternoon:  ADSK GLOB GPS HPQ INTU OSIS ROST  SPLK VEEV VMW

Friday (Aug 24)

• Morning:  BKE FL HIBB UBNT

=La-Z-Boy (LZB) reported earnings on Tue 19 June 18 (a/h)

La-Z-Boy beats by $0.08, misses on revs 

• Reports Q4 (Apr) earnings of $0.72 per share, $0.08 better thanthe Capital IQ Consensus of $0.64; revenues rose 1.8% year/year to $420 mln vs the $427.43 mln Capital IQ Consensus
• Earnings included a $0.06 per share benefit related to tax reform
• Consolidated operating margin increased to 10.9% from 10.5% in last year's fourth quarter
• Same-store written sales for the La-Z-Boy Furniture Galleries network increased 3.9%
• Co projects fiscal year 2019 total store count will be 350, which is 3 higher vs. FY18

=La-Z-Boy (LZB) reported earnings on Tue 22 August 2017 (a/h)

La-Z-Boy misses by $0.05, reports revs in-line

• Reports Q1 (Jul) earnings of $0.24 per share, $0.05 worse than the Capital IQ Consensus of $0.29; revenues rose 4.8% year/year to $357.1 mln vs the $359.34 mln Capital IQ Consensus
• The fiscal 2018 first quarter's results included a $0.03 per share benefit in other income for an investment gain, and last year's first quarter included a $0.03 per share benefit for a legal settlement
  • Sales in the company's upholstery segment increased 2.6% to $274.4 million and the operating margin declined to 8.5% from 11.4% in last year's first quarter, which included a 0.9 percentage point benefit from a legal settlement. In the casegoods segment, sales increased 1.9% to $25.5 million and the operating margin increased to 10.7% from 8.6%. Sales in the retail segment increased 15.5% to $110.5 million. On the core base of 122 stores included in last year's first quarter, delivered sales declined 1.1% versus the prior year and the segment's operating margin decreased to 1.6% from 2.3%
• Kurt L. Darrow, Chairman, President and Chief Executive Officer of La-Z-Boy, said, "After a strong finish to fiscal 2017, we are disappointed with our start to this fiscal year. Although we posted a consolidated sales increase for the quarter, much of it related to acquired sales which did not add volume to our upholstery manufacturing operations which is our most profitable segment. 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. Additionally, due to acquisitions and growth in our retail segment, SG&A expenses increased during the quarter. As we move forward, we intend to manage our SG&A appropriately given various levels of volume. Our casegoods business performed well for the quarter as we continue to improve our product offering, value proposition and service levels to our customers. We believe this business is well positioned for continued growth moving forward."

=La-Z-Boy (LZB) reported earnings on Tue 6/20/17 (a/h)

MONROE, Mich. (AP) _ La-Z-Boy Inc. (LZB) on Tuesday reported fiscal fourth-quarter profit of $28 million.

On a per-share basis, the Monroe, Michigan-based company said it had net income of 57 cents.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The furniture company posted revenue of $412.7 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $401.1 million.

For the year, the company reported profit of $85.9 million, or $1.73 per share. Revenue was reported as $1.52 billion.

La-Z-Boy shares have fallen 16 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $26.20, a climb of roughly 1 percent in the last 12 months.

=La-Z-Boy (LZB) reported earnings on Wed 8/24/16 (b/o)

La-Z-Boy (LZB) tumbled 15.1% after missing top- and bottom-line estimates for the quarter. The furniture retailer also announced that same-store sales for its La-Z-Boy Furniture Galleries declined 1.9% after increasing 5.3% last year.