La-Z-Boy Declares Quarterly Dividend

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| Source: La-Z-Boy Incorporated

MONROE, Mich., May 01, 2018 (GLOBE NEWSWIRE) -- Directors of La-Z-Boy Incorporated (NYSE:LZB) declared a quarterly cash dividend on the company’s common stock of $0.12 per share.  The dividend is payable June 15, 2018, to shareholders of record as of June 1, 2018.

Additional Information

This news release is just one part of La-Z-Boy’s financial disclosures and should be read in conjunction with other information filed with the Securities and Exchange Commission, which is available at: https://lazboy.gcs-web.com/financial-information/sec-filings.  Investors and others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly investor conference calls may sign up at:  https://lazboy.gcs-web.com/.

Background Information

La-Z-Boy Incorporated is one of the world’s leading residential furniture producers, marketing furniture for every room of the home. The La-Z-Boy upholstery segment companies are England and La-Z-Boy. The casegoods segment consists of three brands: American Drew, Hammary, and Kincaid. The company-owned retail segment includes 147 of the 350 La-Z-Boy Furniture Galleries® stores.

The corporation’s branded distribution network is dedicated to selling La-Z-Boy Incorporated products and brands, and includes 350 stand-alone La-Z-Boy Furniture Galleries® stores and 532 independent Comfort Studio® locations, in addition to in-store gallery programs for the company’s Kincaid and England operating units. Additional information is available at http://www.la-z-boy.com/.

Contact:    
Kathy Liebmann                  
(734) 241-2438                                                      
kathy.liebmann@la-z-boy.com