LA-Z-BOY INC
For the period ended Jul 27, 2024. Filed Aug 20, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 27, 2024 · Filed Aug 20, 2024
LZB$32.65+2.9%Stored close · as of Nov 9, 2026
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Consolidated Statement of Income
| Quarter Ended | ||
|---|---|---|
| (Unaudited, amounts in thousands, except per share data) | 7/27/2024 | 7/29/2023 |
| Sales | $495,532 | $481,651 |
| Cost of sales | 282,189 | 275,923 |
| Gross profit | 213,343 | 205,728 |
| Selling, general and administrative expense | 180,973 | 171,202 |
| Operating income | 32,370 | 34,526 |
| Interest expense | (210) | (122) |
| Interest income | 4,424 | 3,056 |
| Other income (expense), net | (618) | 556 |
| Income before income taxes | 35,966 | 38,016 |
| Income tax expense | 9,162 | 10,090 |
| Net income | 26,804 | 27,926 |
| Net (income) attributable to noncontrolling interests | (645) | (447) |
| Net income attributable to La-Z-Boy Incorporated | $26,159 | $27,479 |
| Basic weighted average common shares | 42,052 | 43,239 |
| Basic net income attributable to La-Z-Boy Incorporated per share | $0.62 | $0.64 |
| Diluted weighted average common shares | 42,564 | 43,333 |
| Diluted net income attributable to La-Z-Boy Incorporated per share | $0.61 | $0.63 |
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