secwatch / observer
8-K filed June 20, 2023, 7:59 PM ET ticker LZB CIK 0000057131
earnings confidence high sentiment positive materiality 0.75

La-Z-Boy reports record FY2023 non-GAAP EPS $3.86; Q4 EPS $0.99

LA-Z-BOY INC

2023-FY EPS reported $3.48 revenue$2,349,433,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LA-Z-BOY INC reported the fiscal year ended April 29, 2023 results: revenue $ 2,349,433, net income 150,664, EPS $ 3.48.

Period
the fiscal year ended April 29, 2023
Revenue
$ 2,349,433
Net income
150,664
EPS
$ 3.48
Result
reported results
Exact text from the filing
Key Results: (Unaudited, amounts in thousands, except per share data) Quarter Ended Year Ended 4/29/2023 4/30/2022 Change 4/29/2023 4/30/2022 Change Sales $ 561,287 $ 684,566 (18)% $ 2,349,433 $ 2,356,811 (0.3)% GAAP operating income 54,073 78,785 (31)% 211,439 206,756 2% Non-GAAP operating income 55,056 64,602 (15)% 223,203 190,573 17% GAAP operating margin 9.6% 11.5% -190 bps 9.0% 8.8% 20 bps Non-GAAP operating margin 9.8% 9.4% 40 bps 9.5% 8.1% 140 bps GAAP net income attributable to La-Z-Boy Incorporated 34,373 57,468 (40)% 150,664 150,017 0.4% Non-GAAP net income attributable to La-Z-Boy Incorporated 43,091 47,209 (9)% 167,080 138,600 21% Diluted weighted average common shares 43,427 43,256 43,240 44,294 GAAP diluted earnings per share $ 0.79 $ 1.33 (41)% $ 3.48 $ 3.39 3% Non-GAAP diluted earnings per share $ 0.99 $ 1.07 (7)% $ 3.86 $ 3.11 24%
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LA-Z-BOY INC reported the fiscal quarter ended April 29, 2023 results: revenue $ 561,287, net income 34,373, EPS $ 0.79.

Period
the fiscal quarter ended April 29, 2023
Revenue
$ 561,287
Net income
34,373
EPS
$ 0.79
Result
reported results
Exact text from the filing
Key Results: (Unaudited, amounts in thousands, except per share data) Quarter Ended Year Ended 4/29/2023 4/30/2022 Change 4/29/2023 4/30/2022 Change Sales $ 561,287 $ 684,566 (18)% $ 2,349,433 $ 2,356,811 (0.3)% GAAP operating income 54,073 78,785 (31)% 211,439 206,756 2% Non-GAAP operating income 55,056 64,602 (15)% 223,203 190,573 17% GAAP operating margin 9.6% 11.5% -190 bps 9.0% 8.8% 20 bps Non-GAAP operating margin 9.8% 9.4% 40 bps 9.5% 8.1% 140 bps GAAP net income attributable to La-Z-Boy Incorporated 34,373 57,468 (40)% 150,664 150,017 0.4% Non-GAAP net income attributable to La-Z-Boy Incorporated 43,091 47,209 (9)% 167,080 138,600 21% Diluted weighted average common shares 43,427 43,256 43,240 44,294 GAAP diluted earnings per share $ 0.79 $ 1.33 (41)% $ 3.48 $ 3.39 3% Non-GAAP diluted earnings per share $ 0.99 $ 1.07 (7)% $ 3.86 $ 3.11 24%
View on SEC.gov

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LA-Z-BOY INC filing history →

Source: SEC EDGAR
accession 0000057131-23-000031
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