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Stock impact report

La-Z-Boy Comments on Anticipated Fiscal 2019 Results

La-Z-Boy Incorporated (LZB) 
Last la-z-boy incorporated earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: lazboy.gcs-web.com/investor-overview
Company Research Source: GlobeNewswire
MONROE, Mich., June 05, 2019 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) today provided comments on its anticipated results for fiscal 2019 ahead of meeting with investors at the Stifel Cross Sector Insight Conference on June 11, 2019. Based on unaudited preliminary results, the company expects to report fiscal 2019 full-year sales of $1.75 billion, an increase of 10% over the prior year. GAAP diluted earnings per share are expected to be in the range of $1.43 to $1.45, and Non-GAAP diluted earnings per share are expected to be in the range of $2.13 to $2.15.  Non-GAAP diluted earnings per share exclude purchase accounting charges of approximately $0.12 and a non-cash pension termination charge of approximately $0.58. Kurt L. Darrow, Chairman, President and Chief Executive Officer, of La-Z-Boy Incorporated, said, “Fiscal 2019 was a strong year for La-Z-Boy.  We capitalized on a solid foundation, leveraging our brand strength, innovation, world-class supply chain, excelle Show less Read more
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