La-Z-Boy rises on upbeat quarterly results
18/11/2025 21:44
** Shares of furniture maker La-Z-Boy LZB.N up ~6% at $31.25 in after-market trading ** Reports Q2 sales rise of 0.3% to $522.5 million, narrowly above estimates of $522.4 million; adjusted EPS of 71 cents beats expectations of 61 cents — data compiled by LSEG ** Posts 4% growth in Q2 total written sales for the retail segment, wholesale rose 2% ** "Leveraging our North American manufacturing base with ~90% of finished goods produced in the U.S., we are successfully navigating the current trade and tariff volatility" — CEO Melinda Whittington ** Sees Q3 sales growth of 1% to 4%, which includes "measured view" on uncertain macroeconomic backdrop ** LZB has fallen 32% YTD (Reporting by Neil J Kanatt in Bengaluru) ((Neil.JKanatt@thomsonreuters.com;))