Detail akcie La-Z-Boy Inc online

Business Summary: La-Z-Boy Incorporated is a global producer of reclining chairs and the manufacturer/distributor of residential furniture in the United States. The Company manufactures, markets, imports, exports, distributes and retails upholstery furniture products under the La-Z-Boy, England, Kincaid, and Joybird tradenames. Its segments include the Wholesale segment and the Retail segment. The Wholesale segment manufactures and imports upholstered and casegoods (wood) furniture and sells directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, branded space locations, England Custom Comfort Center locations, dealers, and a cross-section of other independent retailers. The Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories to end consumers through its Company-owned La-Z-Boy Furniture Galleries stores. The Company sells its products through multiple channels to furniture retailers or distributors.
Financial Summary: BRIEF: For the 39 weeks ended 27 January 2024, La-Z-Boy Inc revenues decreased 16% to $1.49B. Net income decreased 28% to $83.3M. Revenues reflect Wholesale segment decrease of 72% to $260.5M, Retail segment decrease of 72% to $204.7M, Corporate and Other segment decrease of 69% to $35.2M. Net income also reflects Retail segment income decrease of 82% to $22.3M, Wholesale segment income decrease of 72% to $22.7M. Dividend per share increased from $0.35 to $0.56.