La-Z-Boy Incorporated (LZB) manufactures, markets, imports, distributes and retails upholstery furniture products. In addition, the Company imports, distributes and retails accessories and case goods (wood) furniture products. The Company operates through segments including the Upholstery segment, the Casegoods segment and the Retail. Its Upholstery segment consists of two operating units: La-Z-Boy, and its England subsidiary. The Upholstery segment manufactures, imports, and exports upholstered furniture. The Company's Casegoods segment is an importer, marketer and distributor of casegoods (wood) furniture, such as bedroom sets, dining room sets, entertainment centers and occasional pieces, and also manufactures some coordinated upholstered furniture. The Casegoods segment consists of three brands: American Drew, Hammary, and Kincaid. Its Retail segment consists of 110 company owned La-Z-Boy Furniture Galleries stores. The Retail segment primarily sells upholstered furniture.
Reported after close yesterday (6/21/16) Earnings: EPS $0.52 Revenue $417.1M Estimates: EPS $0.48 Revenue $416.3M Up 6.50% today
