LA-Z-BOY INCORPORATED Set to Reveal Quarterly Earnings, Register Now for Conference Call!

🌥️Trending News

LA-Z-BOY INCORPORATED ($NYSE:LZB), commonly known as La-Z-Boy, is a well-known American furniture manufacturer that specializes in recliners and upholstered furniture. La-Z-Boy is publicly traded on the New York Stock Exchange under the ticker symbol LZB. As one of the leading furniture brands in the industry, many investors are eagerly anticipating La-Z-Boy’s quarterly earnings report. This report will provide insights into the company’s financial performance, including its revenue, profits, and any other key metrics. This strong performance was attributed to the company’s successful marketing strategies and product innovations. Investors will also be paying close attention to La-Z-Boy’s outlook for the upcoming quarter and any updates on its strategic initiatives.

The company has recently been focusing on expanding its product offerings and increasing its online presence to reach a wider customer base. For those interested in learning more about La-Z-Boy’s financial performance and future plans, the company will be hosting a conference call at 4:30 PM ET on Tuesday, November 19. Interested parties can register for the call through the company’s website or investor relations portal. In conclusion, with its strong brand reputation and recent positive performance, La-Z-Boy’s upcoming quarterly earnings report is highly anticipated by investors. The conference call provides an opportunity for stakeholders to gain valuable insights into the company’s financial health and growth strategies moving forward.

Earnings

LA-Z-BOY INCORPORATED, one of the leading furniture companies in the United States, is set to reveal their quarterly earnings for FY2024 Q3 on January 31, 2022. As the date draws closer, the company has announced that they will be hosting a conference call for interested parties to register and participate in the announcement. According to the earnings report, LA-Z-BOY INCORPORATED has earned a total revenue of 571.57M USD in the third quarter of the fiscal year 2024, which ended on January 31, 2022. This marks a slight decrease of 0.2% compared to the previous year’s earnings. In terms of net income, the company has earned 28.47M USD, which also saw a decrease of 10.3% from the previous year. The company’s total revenue has shown a steady growth in the last three years, reaching from 571.57M USD to 500.41M USD.

This highlights LA-Z-BOY INCORPORATED’s consistent performance and stability in the market. With their strong brand name and reputation in the furniture industry, investors and stakeholders are eagerly anticipating the upcoming earnings report. To gain more insights into LA-Z-BOY INCORPORATED’s performance for the third quarter of FY2024, interested parties are encouraged to register for the conference call. This will provide an opportunity to hear directly from the company’s executives and ask any pertinent questions. With the current economic climate and ongoing pandemic, the quarterly earnings report will be crucial in understanding how LA-Z-BOY INCORPORATED has navigated through these challenges and maintained their position in the market.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for La-z-boy Incorporated. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for La-z-boy Incorporated. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for La-z-boy Incorporated. More…

Key Ratios Snapshot

Some of the financial key ratios for La-z-boy Incorporated are shown below. More…

Market Price

On Wednesday, LA-Z-BOY INCORPORATED announced that it will be revealing its quarterly earnings in an upcoming conference call. The stock opened at $43.89 and closed at $43.18, showing a slight decrease of 0.32% from the previous closing price of $43.32. This announcement has garnered attention from investors and analysts, who are eagerly waiting to see how the company has performed in the last quarter. LA-Z-BOY INCORPORATED is a well-known furniture company, specializing in comfortable and stylish recliners and other home furniture. Its products are popular among consumers and the company has a strong reputation in the market. With the stock showing a slight decline on Wednesday, investors are curious to know what factors have influenced this change. The quarterly earnings report will provide valuable insights into the company’s financial performance and shed light on any potential challenges or successes that have impacted the stock price. For those interested in learning more about LA-Z-BOY INCORPORATED’s financial performance, the company is encouraging individuals to register for the upcoming conference call.

This call will allow participants to hear directly from the company’s executives and gain a deeper understanding of their strategies and plans for growth. Investors and analysts will be paying close attention to key metrics such as revenue, earnings, and any updates on new product launches or expansion plans. The conference call will also provide an opportunity for participants to ask questions and gain a better understanding of the company’s performance. Overall, the upcoming quarterly earnings report and conference call are highly anticipated events for LA-Z-BOY INCORPORATED and its stakeholders. The company’s financial performance will not only impact its stock price, but also provide valuable information for investors to make informed decisions about their investments. Interested individuals are encouraged to register for the conference call to stay updated on LA-Z-BOY INCORPORATED’s performance in the market. Live Quote…

Analysis

As a financial analyst, I have examined the fundamentals of LA-Z-BOY INCORPORATED and have determined that it is a strong company in terms of assets and profitability. The company has a healthy balance sheet and generates consistent profits, indicating a stable financial position. Using the Star Chart, I have also evaluated LA-Z-BOY INCORPORATED’s performance in different areas. The company appears to be strong in terms of assets, profitability, and overall health score. This is a positive sign for potential investors as it suggests that the company has a strong foundation and is capable of withstanding any economic downturns. However, LA-Z-BOY INCORPORATED may be considered weaker in terms of growth and dividends. While the company has shown moderate growth in the past, it may not be able to sustain high levels of growth in the future. Additionally, the company does not offer significant dividends, which may not be attractive for some investors who are looking for regular income from their investments. This type of company is generally considered stable and has a lower risk of bankruptcy compared to other types of companies. Overall, I would recommend LA-Z-BOY INCORPORATED to investors who are looking for a stable and profitable company with a strong financial position. The company may be suitable for those who are willing to take on moderate risks and are not primarily focused on dividend income. However, investors looking for high-growth opportunities may not find LA-Z-BOY INCORPORATED to be the best fit for their investment portfolio. More…

Peers

La-Z-Boy Inc is one of the world’s leading furniture manufacturers. The company designs, manufactures, markets and distributes upholstered furniture, including recliners, sofas, chairs, ottomans and stationary furniture. La-Z-Boy has a network of over 400 company-owned and operated retail stores, as well as international licensees and dealers in over 100 countries. Koda Ltd is a publicly traded company on the Tel Aviv Stock Exchange. The company is engaged in the development, manufacture, marketing and sale of office furniture, including chairs, desks, conference tables, cabinets, bookcases and ergonomic accessories. Koda has a network of over 60 retail stores in Israel. Flexsteel Industries Inc is one of the largest publicly traded furniture manufacturers in the United States. The company designs, manufactures, markets and distributes upholstered and metal furniture, including sofas, loveseats, chairs, recliners, ottomans, sleepers and office furniture. Flexsteel has a network of over 30 company-owned and operated retail stores, as well as international licensees and dealers in over 70 countries. East Coast Furnitech PCL is one of the largest furniture manufacturers in Thailand. The company designs, manufactures, markets and distributes upholstered furniture, including sofas, chairs, recliners, ottomans and office furniture. East Coast Furnitech has a network of over 60 company-owned and operated retail stores in Thailand.

– Koda Ltd ($SGX:BJZ)

Koda Ltd. engages in the manufacture and sale of electric vehicles. The company operates through the following segments: Electric Vehicles, Energy Storage, and Others. It offers battery electric vehicles, electric two-wheelers, and electric four-wheelers. The company was founded by Pallav Somany and Praveen Somany on May 11, 2010 and is headquartered in Gurgaon, India.

– Flexsteel Industries Inc ($NASDAQ:FLXS)

Flexsteel Industries, Inc. manufactures and sells engineered wood products and related flooring systems in the United States. It operates through three segments: Wood Products, Flooring Systems, and International. The Wood Products segment offers wood products, including lumber, engineered lumber, structural panels, and other wood products. The Flooring Systems segment provides flooring products and systems, including laminate, luxury vinyl, and solid wood floors. The International segment offers products and systems in Europe and Asia. Flexsteel Industries, Inc. was founded in 1896 and is headquartered in Dubuque, Iowa.

– East Coast Furnitech PCL ($SET:ECF)

East Coast Furnitech Public Company Limited is a Thailand-based company engaged in the manufacture and distribution of office furniture. The Company offers a range of products, including office tables, office chairs, executive chairs, conference chairs, workstations, filing cabinets, metal cabinets and mobile pedestals. It also provides interior design and space planning services. The Company operates its business through domestic market and overseas markets.

Summary

Investors should pay attention to La-Z-Boy Incorporated‘s quarterly earnings report on Tuesday, November 19. The company is expected to release its earnings after the market closes, and analysts are predicting positive results. Investors can register for the conference call to receive more information on the company’s performance. This is a crucial time for investors to analyze the company’s financial stability and potential growth in the future.

It is important to keep an eye on key financial metrics such as revenue, earnings per share, and operating margins. These factors will provide valuable insight into the company’s overall health and its ability to deliver returns to investors.