La-Z-Boy (NYSE:LZB – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02, Briefing.com reports. La-Z-Boy had a return on equity of 13.10% and a net margin of 5.99%. 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 previous year, the firm earned $0.62 EPS. The business’s quarterly revenue was up 2.9% on a year-over-year basis. La-Z-Boy updated its Q2 2025 guidance to EPS.
La-Z-Boy Stock Performance
Shares of NYSE:LZB opened at $40.45 on Thursday. The firm has a market capitalization of $1.70 billion, a P/E ratio of 14.29 and a beta of 1.29. The stock has a 50 day moving average price of $40.00 and a 200-day moving average price of $37.30. La-Z-Boy has a 52-week low of $27.92 and a 52-week high of $45.23.
La-Z-Boy Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Shareholders 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 annualized dividend and a yield of 1.98%. La-Z-Boy’s payout ratio is 28.27%.
Analyst Ratings Changes
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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