Акции La-Z-Boy резко выросли на предрынке на 16%, прибыль на акцию за четвертый квартал превысила ожидания на 54%, компания выделяет 300 миллионов долларов на обратный выкуп акций.

According to Gelonghui, June 17th, La-Z-Boy (LZB.US) saw a sharp pre-market increase of 16%, reaching $40.68. In terms of news, La-Z-Boy's Q4 EPS reached 1.26, far exceeding the market expectation of 0.82 (up over 54%); revenue was $570 million, also slightly above expectations. The company simultaneously announced a $300 million stock repurchase program, directly boosting market confidence. In addition, the company's exit from part of the wholesale furniture business, combined with the expansion of retail stores, led to a 200 basis point increase in Q4 operating margin to 7.2%.