La-z-boy rises after quarterly revenue beats estimates
29/11/2023 22:26
** Shares of residential furniture maker La-Z-Boy LZB.N
rise 5.24% to $33.36 after the bell
** Co posts Q2 revenue of $511 mln, beating analysts'
estimates of $502.3 mln - LSEG data
** Profit 63 cents per share, slightly above analysts'
expected 62 cents
** "Sales in Q3 of fiscal 2024 to be relatively consistent
with Q2", LZB said
** Co forecasts its Q3 sales to be in a range of $515 mln to
$535 mln, while analysts expect it to be $533.1 mln - LSEG
** YTD, La-Z-Boy up 38.91%
(Reporting by Abhinav Parmar in Bengaluru)
((Abhinav.parmar@thomsonreuters.com))