#La-Z-Boy Latest
La-Z-Boy Incorporated (NYSE:LZB) released its fiscal fourth-quarter and full-year results last week, reporting full-year revenue of approximately $2.1 billion, which matched analysts’ expectations and Q4 revenue of $571 million. However, the annualized earnings per share fell slightly to around $2.35 from $2.83 the previous year. The company hopes that a stabilization in consumer home spending and improved logistics may enhance earnings momentum. The company also generated $187 million in operating cash flow for the year, up 18%, and returned $113 million to…
