05:06 PM EDT, 06/17/2024 (MT Newswires) -- La-Z-Boy ( LZB ) reported fiscal Q4 non-GAAP earnings late Monday of $0.95 per diluted share, down from $0.99 a year earlier.

Three analysts polled by Capital IQ expected EPS of $0.70.

Sales in the quarter ended April 27 fell to $553.5 million from $561.3 million a year earlier.

Three analysts surveyed by Capital IQ expected $516.4 million.

The company projects fiscal Q1 sales of $475 million to $495 million. Two analysts polled by Capital IQ forecast $475.7 million.

Shares of the company rose jumped 11% in after-hours activity.

Price: 37.85, Change: +3.76, Percent Change: +11.03