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Stock impact report

La-Z-Boy's Q2 Earnings Surpass Estimates, Sales Rise Y/Y [Yahoo! Finance]

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: Yahoo! Finance
The top line increased year over year, driven by higher delivered volume in the Retail segment, supported by growth from new and acquired stores. Written sales trends also remained solid, with the strongest performance during the Labor Day period. This was fueled by increased consumer traffic and strong in-store execution. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. However, the industry faces challenges, with home-related spending impacted by high mortgage rates and limited housing affordability and availability. While short-term market disruptions may continue to impact the fiscal year, LZB is well-positioned to benefit when industry conditions improve. Through the Century Vision strategy, the company is focused on expanding its core Retail segment by enhancing in-store execution, opening new stores and acquiring independent La-Z-Boy Furniture Galleries stores. It is aiming for superior returns in the long term. La-Z-Boy reported adjusted earni Show less Read more
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