La-Z-Boy Incorporated Reports Strong Third Quarter Results; Sales Growth Across All Segments, Company-Owned Same-Store Sales Accelerate
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La-Z-Boy Incorporated reported strong fiscal 2025 third quarter results with a 4% increase in consolidated sales to $522 million and improved operating margins. The retail segment saw an 11% sales increase, driven by same-store sales growth and acquisitions. The company added new stores and announced further acquisitions.
February 18, 2025 | 9:30 pm
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La-Z-Boy's Q3 results show a 4% increase in sales and improved margins, with retail sales up 11% due to same-store growth and acquisitions. The company is expanding with new stores and further acquisitions.
The strong financial performance, including sales growth and improved margins, is likely to positively impact La-Z-Boy's stock price. The company's expansion through new stores and acquisitions further supports a positive outlook.
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IMPORTANCE 90
RELEVANCE 100