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What did La-Z-Boy do in fiscal 2022?

Monroe, MI (February 15, 2022) – La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported operating results for the fiscal 2022 third quarter ended January 22, 2022. ...

How has demand impacted La-Z-Boy?

Demand continues unabated across the La-Z-Boy enterprise and remains well above pre-pandemic levels. Additionally, we returned $32 million to shareholders through dividends and share repurchases, bringing our year-to-date returns to an all-time high level. ...

What time does La-Z-Boy hold a conference call?

La-Z-Boy will hold a conference call with the investment community on Wednesday, February 16, 2022, at 8:30 a.m. Eastern time. The toll-free dial-in number is 888-506-0062; international callers may use 973-528-0011. Enter Participant Access Code 664495. The call will be webcast live, with corresponding slides, and archived on the Internet. ...

Will La-Z-Boy's backlog support sales growth?

Bob Lucian, Chief Financial Officer of La-Z-Boy Incorporated, said, “Demand trends remain strong and our backlog will support strengthening delivered sales as we increase capacity over time, but near-term production gains will be slower than previously expected. ...

How many La-Z-Boy stores are there?

The corporation’s branded distribution network is dedicated to selling La-Z-Boy Incorporated products and brands, and includes 350 stand-alone La-Z-Boy Furniture Galleries ® stores and 559 independent Comfort Studio ® locations, in addition to in-store gallery programs for the company’s Kincaid and England operating units. ...

How did La-Z-Boy perform in the third quarter?

Melinda D. Whittington, President and Chief Executive Officer of La-Z-Boy, said, “During our third quarter, we delivered a strong 22% increase in consolidated sales versus the prior-year period. Demand continues unabated across the La-Z-Boy enterprise and remains well above pre-pandemic levels. ...