La-Z-Boy (NYSE:LZB – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02, Briefing.com reports. La-Z-Boy had a net margin of 5.99% and a return on equity of 13.10%. The business had revenue of $495.50 million for the quarter, compared to analysts’ expectations of $482.23 million. During the same period in the prior year, the firm earned $0.62 earnings per share. La-Z-Boy’s revenue was up 2.9% compared to the same quarter last year. La-Z-Boy updated its Q2 2025 guidance to EPS.
La-Z-Boy Stock Down 2.2 %
LZB stock traded down $0.88 during mid-day trading on Thursday, reaching $39.53. 689,878 shares of the company traded hands, compared to its average volume of 436,686. The firm’s 50 day moving average price is $40.00 and its 200 day moving average price is $37.30. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 14.29 and a beta of 1.29. La-Z-Boy has a fifty-two week low of $27.92 and a fifty-two week high of $45.23.
La-Z-Boy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Thursday, September 5th will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, September 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.02%. La-Z-Boy’s payout ratio is presently 28.27%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on LZB
About La-Z-Boy
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Wholesale, Retail, Corporate and Other segments. The Wholesale segment manufactures, and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, entertainment centers, and occasional pieces.
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