LA-Z-BOY INC (LZB) [Rocket]

In millions, except per share items	Apr-30-22	Apr-24-21	Apr-25-20	Apr-27-19	Apr-28-18	Apr-29-17	Apr-30-16	Apr-25-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Upholstery					1,227.4
Corporate and Other	196.0	127.4	89.1	74.0	12.7	2.7	2.7	2.3
Upholstery						1,191.4	1,215.8	1,151.8
Other	2,160.9	1,606.9	1,614.9	1,671.4	343.8	325.9	306.9	271.3
Total revenues	2,356.8	1,734.2	1,704.0	1,745.4	1,583.9	1,520.1	1,525.4	1,425.4
Revenue growth [+]	35.9%	1.8%	-2.4%	10.2%	4.2%	-0.3%	7.0%	5.0%
Corporate and Other	53.9%	43.0%	20.4%	481.0%	367.7%	0.8%	17.8%	-6.9%
Upholstery						-2.0%	5.6%	4.8%
Casegoods						-2.3%	-6.5%	2.8%
Unit growth	1.3%	3.2%	-1.3%	6.8%	2.1%	15.3%	12.7%	8.9%
Cost of goods sold	1,440.8	994.0	982.5	1,042.8	961.2	910.8	940.4	920.9
Gross profit	916.0	740.3	721.4	702.6	622.7	609.3	585.0	504.5
Gross margin	38.9%	42.7%	42.3%	40.3%	39.3%	40.1%	38.3%	35.4%
Selling, general and administrative	709.2	603.5	575.8	572.9	493.4	476.0	459.6	401.3
EBITDA [+]	246.5	169.8	176.8	160.8	161.1	162.5	151.8	125.4
EBITDA growth	45.2%	-4.0%	9.9%	-0.2%	-0.8%	7.0%	21.0%	6.9%
EBITDA margin	10.5%	9.8%	10.4%	9.2%	10.2%	10.7%	10.0%	8.8%
Depreciation	38.7	32.0	31.2	31.1	31.8	29.1	26.5	22.3
EBITA	207.8	137.8	145.6	129.7	129.4	133.3	125.3	103.2
EBITA margin	8.8%	7.9%	8.5%	7.4%	8.2%	8.8%	8.2%	7.2%
Amortization of intangibles	1.0	1.0
EBIT [+]	206.8	136.7	145.6	129.7	129.4	133.3	125.3	103.2
EBIT growth	51.2%	-6.1%	12.3%	0.2%	-3.0%	6.4%	21.5%	9.6%
EBIT margin	8.8%	7.9%	8.5%	7.4%	8.2%	8.8%	8.2%	7.2%
Non-recurring items [+]			26.9
Asset impairment			26.9
Interest income, net [+]	0.4	-0.3	1.5	0.6	1.2	-0.1	0.3	0.5
Interest expense	0.9	1.4	1.3	1.5	0.5	1.1	0.5	0.5
Interest income	1.3	1.1	2.8	2.1	1.7	1.0	0.8	1.0
Other income (expense), net [+]	-1.7	9.5	-5.1	-34.9	-1.7	-2.5	-0.6	2.0
Other	-1.7	9.5	-5.1	-2.2	-1.7	-2.5	-0.6	0.7
Pre-tax income	205.5	145.9	115.2	95.3	128.9	130.7	125.0	105.6
Income taxes	53.2	38.4	36.2	25.2	47.3	43.8	44.1	37.0
Tax rate	25.9%	26.3%	31.4%	26.4%	36.7%	33.5%	35.3%	35.0%
Minority interest	2.3	1.1	1.5	1.6	0.7	1.1	1.7	1.2
Earnings from continuing ops	150.0	106.5	77.5	68.6	80.9	85.9	79.3	67.5
Earnings from discontinued ops								3.3
Net income	150.0	106.5	77.5	68.6	80.9	85.9	79.3	70.8
Net margin	6.4%	6.1%	4.5%	3.9%	5.1%	5.7%	5.2%	5.0%

Basic EPS [+]	$3.41	$2.32	$1.67	$1.46	$1.70	$1.75	$1.58	$1.30
Growth	47.2%	38.7%	14.0%	-13.8%	-3.2%	11.1%	21.1%	-42.6%
Diluted EPS [+]	$3.39	$2.30	$1.66	$1.45	$1.68	$1.74	$1.56	$1.29
Growth	47.5%	38.5%	14.4%	-13.8%	-3.3%	11.3%	21.1%	-41.7%

Dividends per share [+]	$0.63	$0.36	$0.54	$0.50	$0.46	$0.42	$0.36	$0.28
Growth	75.0%	-33.3%	8.0%	8.7%	9.0%	17.2%	28.6%	40.0%

Shares outstanding (basic) [+]	44.0	46.0	46.4	46.8	47.6	49.0	50.2	51.8
Growth	-4.3%	-0.9%	-0.9%	-1.7%	-2.7%	-2.5%	-3.0%	-1.2%
Shares outstanding (diluted) [+]	44.3	46.4	46.7	47.3	48.1	49.5	50.8	52.3
Growth	-4.5%	-0.8%	-1.3%	-1.7%	-2.7%	-2.6%	-3.0%	-2.8%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.