=La-Z-Boy (LZB) reported earnings on Tue 19 June 18 (a/h)

La-Z-Boy beats by $0.08, misses on revs 

• Reports Q4 (Apr) earnings of $0.72 per share, $0.08 better thanthe Capital IQ Consensus of $0.64; revenues rose 1.8% year/year to $420 mln vs the $427.43 mln Capital IQ Consensus
• Earnings included a $0.06 per share benefit related to tax reform
• Consolidated operating margin increased to 10.9% from 10.5% in last year's fourth quarter
• Same-store written sales for the La-Z-Boy Furniture Galleries network increased 3.9%
• Co projects fiscal year 2019 total store count will be 350, which is 3 higher vs. FY18