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La z boy Incorporated  (LZB)
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Profits Surged by 20.22 % at LZB over the second quarter of 2022

company delivered second quarter of 2022 operating profit of $61.883 millions

Published 2022-12-01T10:19:11+00:00
Goran Soko / CSIMarket.com Contributer

BangSarayBeachCondo_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsRevenue for the second quarter of 2022 increased by 6.154 % to $611.33 millions relative to $575.89 millions in the prior year financial reporting period, earnings were up by 20.22 % to $1.07, as comparison at $0.89 in the prior year financial reporting period.

Revenues grew by 1.199 % from $604.09 millions in previous period, earnings grew by 20.22 % from $0.89 per share.


Earnings of $46.779 millions in the second quarter of 2022 increased by 15.91 % from net earnings of $40.358 millions reported in the second quarter of 2022 a year ago. La Z Boy Incorporated also emphasized it's improving profit margins, where net margin rose to 7.65% in second quarter of 2022, and operating margin edged up to 10.12%.
Operating earnings, on the other hand, improved just 14.36% to $61.883 millions.

La Z Boy Incorporated is expected to report next financial results on February 14, 2023.


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Other LZB's Earnings Reports

La Z Boy Incorporated reported fourth quarter 2021 earnings

La Z Boy Incorporated reported third quarter 2022 earnings

La Z Boy Incorporated reported second quarter 2022 earnings

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