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Jan 25, 2020
La-Z-Boy Q3 2020 Earnings Report
La-Z-Boy reported earnings for Q3 2020, with revenue increasing and EPS exceeding expectations.
Key Takeaways
La-Z-Boy's Q3 2020 results showed a 1.8% increase in consolidated sales to $475.9 million, driven by growth in the Retail segment. GAAP EPS was $0.74, up from $0.61 in the prior year. The company generated $66.1 million in cash from operating activities.
Consolidated sales increased by 1.8% to $475.9 million.
GAAP EPS was $0.74, compared to $0.61 in the prior year.
Cash from operating activities increased by 46% to $66.1 million.
Written same-store sales for the La-Z-Boy Furniture Galleries network increased 10.5%.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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