La-Z-Boy Incorporated (LZB) Q2 2025 Earnings Call Transcript Summary
La-Z-Boy Incorporated (LZB) Q2 2025 Earnings Call Transcript Summary
Non-GAAP operating margin was 7.5%, reflecting a 40 basis points decline primarily due to sectoral challenges.The following is a summary of the La-Z-Boy Incorporated (LZB) Q2 2025 Earnings Call Transcript:
以下是la-z-boy公司（LZB）2025年第二季度業績會會議記錄的摘要：
Financial Performance:
財務表現：
Reported Q2 sales of $521 million, marking a 2% increase year-over-year, driven by strong retail segment performance.
Delivered GAAP and non-GAAP diluted EPS of $0.71 and a 10% dividend increase to $0.22 per share.
Non-GAAP operating margin was 7.5%, reflecting a 40 basis points decline primarily due to sectoral challenges.
報告第二季度銷售額爲52100萬，同比增長2%，主要得益於強勁的零售業務表現。
實現GAAP和非GAAP攤薄後每股收益爲0.71美元，股息增加10%至每股0.22美元。
非GAAP營業利潤率爲7.5%，反映出由於行業板塊挑戰，減少了40個點子。
Business Progress:
業務進展：
Opened three new company-owned La-Z-Boy Furniture Galleries and completed two acquisitions, expanding retail operations.
Enhanced presence and consumer experience at Furniture Galleries, leading to increased conversion rates and average ticket sizes.
Grew Joybird sales by 1% and achieved a breakeven operating margin through improved product mix and marketing efficiency.
Entered a strategic partnership with DFS in the UK, expecting accelerated sales in the fourth quarter.
開設了三家新的自營la-z-boy傢俱畫廊，並完成了兩項收購，擴展了零售業務。
提升了傢俱畫廊的影響力和消費者體驗，導致轉化率和平均消費金額增加。
Joybird的銷售增長了1%，並通過改善產品組合和市場營銷效率實現了營業利潤率的持平。
在英國與DFS建立了戰略合作伙伴關係，預計第四季度銷售將加速增長。
Opportunities:
機會：
Strengthened retail strategy through further Gallery store acquisitions and openings, aiming to reach 400 stores.
Growth through partnerships with national and regional retailers, enhancing brand visibility and consumer reach.
通過進一步收購和開設Gallery店加強零售策略，目標是達到400家門店。
通過與國家和區域型零售商的合作實現增長，增強品牌知名度和消費覆蓋。
Risks:
風險：
Highlighted a challenging macro environment, with higher mortgage rates and stagnant housing market impacting consumer spending and industry demand.
Noted ongoing economic pressures could lead to subdued consumer spending and potential impact on sales and operations.
強調了具有挑戰性的宏觀環境，較高的抵押貸款利率和停滯不前的住房市場對消費支出和行業需求產生影響。
指出持續的經濟壓力可能導致消費者支出疲軟，並可能影響銷售和運營。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
