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Benzinga
Benzinga
Business
Happy Mohamed

Why Shares Of La-Z-Boy Are Trading Higher Today

La-Z-Boy Inc. (NYSE:LZB) shares are trading higher after the company reported better-than-expected fourth quarter EPS and sales results. The company also issued 2023 first quarter sales guidance.

La-Z-Boy reported fourth quarter EPS of $1.07, which beat analyst estimates of $0.92. The company reported sales of $685 million, beating the $664.9 million consensus estimate.

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