La-Z-Boy to Acquire La-Z-Boy Furniture Galleries® Stores in Seattle Market
La-Z-Boy Incorporated (LZB)
Last la-z-boy incorporated earnings: 2/18 04:15 pm
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US:NYSE Investor Relations:
lazboy.gcs-web.com/investor-overview
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Source: GlobeNewswire
MONROE, Mich., March 05, 2020 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) today announced it intends to acquire the business that operates six independently owned La-Z-Boy Furniture Galleries® stores, with approximately $30 million in annual retail volume, and one warehouse in the Seattle, Washington market. The transaction is a result of the planned retirement of independent dealers, Chris and Lisa Washko, who took over the stores in 2011, and the mutually agreed-upon decision that selling the stores to La-Z-Boy Incorporated would be in the best interest of their employees while providing for the greatest stability and continuity of the business. The transaction is expected to close in June and is subject to customary closing conditions. The stores will become part of La-Z-Boy’s Retail segment, which today is composed of 155 stores. As La-Z-Boy is already recording a portion of the Seattle-based store volume in its wholesale segments, the acquisition of the six stores wi
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News
- La-Z-Boy CEO Melinda Whittington: We've been able to outperform despite housing softness [CNBC]CNBC
- La-Z-Boy's Q2 Earnings Surpass Estimates, Sales Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- 'Tighter than sardines in a can': 41% of travelers want to ban reclining seats on planes [USA TODAY]USA TODAY
- La-Z-Boy (LZB) Q2 Earnings and Revenues Top Estimates [Yahoo! Finance]Yahoo! Finance
- La-Z-Boy (NYSE:LZB) Beats Q3 Sales Targets, Quarterly Revenue Guidance Slightly Exceeds Expectations [Yahoo! Finance]Yahoo! Finance
LZB
Earnings
- 11/19/24 - Beat
LZB
Sec Filings
- 11/19/24 - Form 10-Q
- 11/19/24 - Form 8-K
- 10/10/24 - Form 8-K
- LZB's page on the SEC website