La-Z-Boy Incorporated Declares Quarterly Dividend

MONROE, Mich., May 01, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated LZB, a global leader in the manufacture and retail of residential furniture, today declared a quarterly cash dividend on the company's common stock of $0.20 per share. The dividend will be paid on June 14, 2024 to shareholders of record as of June 4, 2024.

Investor Relations Contact:
Mark Becks, CFA, (734) 457-9538
mark.becks@la-z-boy.com

About La-Z-Boy:
La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world - a mission that began when its founders invented the iconic recliner in 1927. Today, the company operates as a vertically integrated furniture manufacturer and retailer, committed to uncompromising quality and compassion for its consumers.

The Retail segment consists of 184 company-owned La-Z-Boy Furniture Galleries^® stores, and is part of a broader network of over 350 La-Z-Boy Furniture Galleries^® that, with La-Z-Boy.com, serve customers nationwide. Joybird^®, an ecommerce retailer and manufacturer of modern upholstered furniture, has 12 stores in the U.S. In the Wholesale segment, La-Z-Boy manufactures comfortable, custom furniture for its Furniture Galleries^® and a variety of retail channels, England Furniture Co. offers custom upholstered furniture, and casegoods brands Kincaid^®, American Drew^®, and Hammary^® provide pieces that make every room feel like home. To learn more, please visit: https://www.la-z-boy.com/.