La-Z-Boy: Fiscal 3Q Earnings Snapshot
MONROE, Mich. (AP) _ La-Z-Boy Inc. (LZB) on Tuesday reported fiscal third-quarter profit of $28.7 million.
On a per-share basis, the Monroe, Michigan-based company said it had profit of 61...
La-Z-Boy: Fiscal 2Q Earnings Snapshot
MONROE, Mich. (AP) _ La-Z-Boy Inc. (LZB) on Wednesday reported fiscal second-quarter profit of $20 million.
The Monroe, Michigan-based company said it had net income of 42 cents per share. Earnings, adjusted for non-recurring costs, were 48 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
La-Z-Boy: Fiscal 1Q Earnings Snapshot
MONROE, Mich. (AP) _ La-Z-Boy Inc. (LZB) on Tuesday reported fiscal first-quarter profit of $18.3 million.
On a per-share basis, the Monroe, Michigan-based company said it had net income of 39 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.
Advance Auto Parts and Alphabet rise; Devon Energy drops
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
Advance Auto Parts Inc., up $8.65 to $114
The auto parts retailer's results surpassed Wall Street estimates in the fourth quarter.
Devon Energy Corp., down $4.08 to $30.57
The energy company reported a smaller-than-expected profit and analysts were concerned about its 2018 forecasts.
La-Z-Boy Inc., up $2.85 to $31.75
The furniture company had a better fourth quarter than analysts anticipated.
Furniture company to expand in Tennessee, create 200 jobs
NASHVILLE, Tenn. (AP) — Tennessee officials say a furniture manufacturer plans a $31 million expansion that will create about 200 jobs.
A news release from the state Department of Economic and Community Development says England Inc. will grow its operations in New Tazewell.
England Inc., an independent division of La-Z-Boy Incorporated, has been located in New Tazewell since 1964.
Lowe’s and Stryker fall while Express and Wal-Mart rise
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Lowe's Cos., down $2.81 to $73.01
The home improvement retailer fell short of expectations in the second quarter and gave a weak profit forecast.
Cree Inc., down 82 cents to $22.21
The energy efficient lighting maker disclosed a smaller-than-expected profit and its forecast was lower than expected.
La-Z-Boy investing $26M, adding 115 jobs at Tennessee plant
DAYTON, Tenn. (AP) — Gov. Bill Haslam and La-Z-Boy Inc. have announced that the upholstered furniture maker is expanding operations in southeastern Tennessee.
The company is investing $26 million and adding 115 jobs at its Dayton plant. La-Z-Boy is Rhea County's largest employer, with about 1,400 employees.
- Globe NewswireLa-Z-Boy Names Chief Operating OfficerMay 8, 2019
- Globe NewswireLa-Z-Boy Declares Quarterly DividendApril 30, 2019
- Globe NewswireLa-Z-Boy Announces Retirement of Doug CollierApril 24, 2019
- Globe NewswireLa-Z-Boy Appoints President Retail DivisionMarch 25, 2019
- Globe NewswireLa-Z-Boy to Present at Raymond James 40th Annual Institutional Investors ConferenceFebruary 27, 2019