LA-Z-BOY INC

For the period ended Oct 26, 2024. Filed Nov 19, 2024.

About this filing

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.

Oct 26, 2024 · Filed Nov 19, 2024

LZB$32.65+2.9%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statement of Income

	Quarter Ended		Six Months Ended
(Unaudited, amounts in thousands, except per share data)	10/26/2024	10/28/2023	10/26/2024	10/28/2023
Sales	$521,027	$511,435	$1,016,559	$993,086
Cost of sales	290,379	288,830	572,568	564,753
Gross profit	230,648	222,605	443,991	428,333
Selling, general and administrative expense	191,876	188,993	372,849	360,195
Operating income	38,772	33,612	71,142	68,138
Interest expense	(99)	(101)	(309)	(223)
Interest income	3,730	4,042	8,154	7,098
Other income (expense), net	(1,879)	104	(2,497)	660
Income before income taxes	40,524	37,657	76,490	75,673
Income tax expense	10,671	9,963	19,833	20,053
Net income	29,853	27,694	56,657	55,620
Net (income) attributable to noncontrolling interests	184	(495)	(461)	(942)
Net income attributable to La-Z-Boy Incorporated	$30,037	$27,199	$56,196	$54,678
Basic weighted average common shares	41,708	43,008	41,880	43,123
Basic net income attributable to La-Z-Boy Incorporated per share	$0.72	$0.63	$1.34	$1.27
Diluted weighted average common shares	42,154	43,401	42,316	43,479
Diluted net income attributable to La-Z-Boy Incorporated per share	$0.71	$0.63	$1.33	$1.26

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.