Financial News Release

05/04/21

La-Z-Boy Declares Quarterly Dividend

MONROE, Mich., May 04, 2021 (GLOBE NEWSWIRE) -- Directors of La-Z-Boy Incorporated (NYSE: LZB) declared a quarterly cash dividend on the company’s common stock of $0.15 per share. The dividend is payable June 15, 2021, to shareholders of record as of June 1, 2021.

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 Wholesale segment includes England, La-Z-Boy, American Drew®, Hammary®, and Kincaid®. The company-owned Retail segment includes 158 of the 351 La-Z-Boy Furniture Galleries® stores. Joybird is an e-commerce retailer and manufacturer of upholstered furniture.

The corporation’s branded distribution network is dedicated to selling La-Z-Boy Incorporated products and brands, and includes 351 stand-alone La-Z-Boy Furniture Galleries® stores and 563 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

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Source: La-Z-Boy Incorporated