720% Revenue Growth Last Quarter and Profitability for 2 Consecutive Quarters on Breakout Record Sales for Homebuilding Supplier in Multi-Billion Dollar Industry: Innovative Designs, Inc.: IVDN
$IVDN New Board Member for Superior Insulation Maker has Ties to Industry Leaders Including D.R. Horton $DHI, Ryan Homes $NVR and More / Super Small Share Structure with Only 38 Million OS / 16 Million Float
Sole Maker of Patented Insultex® Insulation Delivering Construction Cost and Energy Saving Performance Superior to All Competition.
Unique Evacuated Cell House Wrap Material Provides an Unmatched R-6 Rating, Water Vapor, Air & Wind Barrier and Other Important Advantages.
Fiscal First Quarter Results Deliver Over a 720% Increase, Largest Percentage Revenue Growth in Company History by far.
Profitability Reached for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year.
New Board Member is Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More.
New Government Building Codes Require Continuous Insulation with Higher Performance and IVDN Meets or Exceeds These Standards Where Many Competitors Now Do Not.
Increased Order Fulfilment Capabilities with Plans for Further Enhancement to Handle Increasing Demand.
Plans for Increased Marketing and Sales on IDI Gear Insultex® Clothing Lines.
Process Underway for Uplisting to OTCQB Tier.
Upcoming Interactive Shareholder's Metting Conference.
Innovative Designs, Inc. (Symbol: IVDN), manufactures and markets its unique, patented Insultex® material, a quantum leap forward in insulation as the thinnest, lightest and warmest insulator on the market today. IVDN products deliver optimum warmth and comfort via insulating, windproof and waterproof protection with no animal materials. IVDN holds issued US patents on both the evacuated cell material and its manufacturing process.
For home building, home remodeling and other construction, significant improvements in energy efficiency measures, such as IVDN Insultex House Wrap® can provide, have never been more important. Superior insulation, for heating or cooling, is fast becoming a primary factor in the multi-billion dollar construction and remodeling industry. In addition to lowering construction costs because additional insulation boards or supports are not needed, Insultex® use results in high energy efficiency and a reduction of greenhouse gas emissions that contribute to the global climate change crisis.
IVDN Insultex House Wrap® delivers an unmatched R-6 rating because of its unique and patented evacuated or vacuum cell structure design. The dedicated IVDN Insultex House Wrap® website explains the scientific principles in detail along with visual aids. Insultex® also provides a moisture barrier and other key benefits that make it simply the best insulation choice available today.
The IVDN Insultex House Wrap ® website may be visited at http://www.insultexhousewrap.com.
No other product on the market offers a vacuum cell structure. A vacuum is the best thermal insulation possible and only Insultex® incorporates countless evacuated cells. Insultex® also provides a moisture barrier and other key benefits. The result is a substantial savings for new construction, adding an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other available choices from competitors.
For investors, IVDN has a very small share structure with only about 38 million shares outstanding and a public float of about 16 million shares. Also, according to the latest 10-K filing, IVDN Management and Directors are holding over 8.4 million of these shares making IVDN avery lean stock.
Fiscal First Quarter Results Deliver Over 720% Increase, Eclipsing All First Quarter Results by Largest Margin in Company History
In its 10Q filing on March 20th and a press release on March 24th IVDN announced for the Company's 2025 fiscal first quarter, ended January 31st, revenues reached over $543,000 vs. $65,886 for the same period in the previous year. This represents a comp. increase of over 720%. These results continue the IVDN status as a profitable company which was achieved at the end of the 2024 fiscal year.
Strongly rising sales of Insultex House Wrap® are responsible for most of the impressive revenue growth that the Company is now experiencing. Because of the sharp and continuing rise in demand for this unparalleled home insulation, IVDN has been working to develop increased production capacity. At this time, the Company's main production facility in Massachusetts has been able to substantially accelerate product output. IVDN management has also been researching and developing additional production facilities in other parts of the country and this additional production is also beginning to add to the available supply. Because of these efforts IVDN has made dramatic progress in filling a large backlog of orders for Insultex House Wrap® and cut delivery times down from 6 or 8 weeks to much shorter periods. This improvement in delivery has pleased existing and new customers to the extent that even faster order flow is coming in as a result.
The surging demand for Insultex House Wrap®, is being sparked by new government building codes calling for continuous insulation and exterior R-Value requirements. Insultex House Wrap delivers its advantages thanks to its patented vacuum cell structure design. No other product on the market today offers a vacuum cell structure. A vacuum is the best thermal insulation possible and only Insultex® incorporates countless evacuated cells. Insultex® also provides a moisture barrier and other key benefits. The result is a substantial savings for new construction, adding an R-6 moisture barrier membrane that does not need additional insulation boards or other support as with other available choices from competitors. IVDN is now in the process of upgrading its listing status to the OTCQB level. Additionally, plans are being made for an upcoming shareholder's meeting which will be an interactive online event designed to better inform the investment community about all that IVDN is delivering, with earnings projections for the balance of 2025 and beyond.
Reached Profitability for First Time at Fiscal 2024 Year-End on Almost 300% Revenue Increase vs. Previous Year
On Marh 3rd IVDN announced that the Company has achieved the key milestone of reaching profitability on record setting revenue results of its 2024 fiscal year. With the filing of its 10K Annual Statement for the fiscal year ending on October 31, 2024, IVDN has reported that sales revenues increased to $1,382,733 vs. $347,763 for the 2023 fiscal year. This rapid growth translates to a 298% increase in sales, mostly attributable to the rising demand for its unmatched Evacuated Cell R-6 Insultex House Wrap.
IVDN Welcomes Experienced Real Estate Developer with Relations to Top Homebuilding Names Including D.R. Horton, NVR / Ryan Homes and More
On January 23rd IVDN announced a new addition to the Company's Board of Directors, Mr. John Spagnolo Jr., an accomplished real estate investor and developer. For over 20 years Mr. Spagnolo, Jr. has been successful in building high end homes, residential and commercial properties and other development projects. Most notably, over the course of his career, Mr. Spagnolo, Jr., has nurtured relationships with key contacts at some of the most important companies in the multi-billion-dollar homebuilding and construction industry. These include D.R. Horton, NVR [Ryan Homes], Maronda Homes, Rockford Homes, Fischer Homes, Infinity Custom Homes and more.
Media Contact
Company Name: INNOVATIVE DESIGNS, INC.
Contact Person: Joseph Riccelli, CEO
Email: Send Email
Phone: 412-799-0350
Address:124 Cherry St
City: Pittsburgh
State: Pennsylvania
Country: United States
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
3 hours ago
- Business Wire
Align Technology Launches Integrated Consumer and Professional Brand Campaign Focused on Invisalign ® Treatment for Kids and Teens
TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. ('Align') (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign ® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced integrated global professional and consumer campaigns to highlight the unique needs of growing patients and treatment options for meeting those needs and creating new smiles with the Invisalign clear aligner system. As the leader in digital orthodontics, Align has developed an extensive end-to-end portfolio that helps doctors treat a range of case types including the most complex cases, and growing patients and kids as young as 6. Share 'We are proud to launch these complementary Invisalign ® brand campaigns about the kid and teen-friendly orthodontic solutions from the #1 doctor-recommended clear aligner brand, 1 ' said Kamal Bhandal, senior vice president, Global Brand, Consumer and Americas Marketing. 'Our new 'Invisalign for Kids' brand consumer campaign is designed to increase awareness with parents that Invisalign aligners are an effective solution for kids and educate parents about the benefits of Invisalign treatment for kids and teens, including Invisalign ® Palatal Expander System, Invisalign First™, Invisalign ® System with mandibular advancement, as well as Invisalign ® Virtual Care to help parents monitor progress – all designed to deliver predictable results and a positive experience for growing children.' The aspects of Invisalign treatment, from Phase 1 to comprehensive Phase 2, to retention are designed for predictable results and a positive experience while addressing the unique needs of growing children. And with Invisalign aligners, children can enjoy their favorite foods, keep up their oral hygiene, maintain an active lifestyle, and smile and build their confidence. At the same time, our companion Invisalign 'Growing Patients' professional campaign provides doctors with information and awareness about the dedicated range of Invisalign treatment options designed specifically for children and teens from well-established products such as Invisalign First™ aligners to the latest additions in the growing patient product portfolio, including the Invisalign ® Palatal Expander System and Invisalign ® System with mandibular advancement featuring occlusal blocks ('MAOB'). Doctors can use the Invisalign System to treat nearly any orthodontic case, from children through teens to adults, at the different stages of their growth. Even with some baby teeth, it may be the perfect time for children ages 6 to 10 to start Phase 1 orthodontic treatment. According to the American Association of Orthodontists ('AAO'), children should get screened by an orthodontist by age 7. 2 Phase 1 treatment takes advantage of a child's normal development to help bones in the face and mouth grow correctly and reduce the need for more extensive treatment later. Once most permanent teeth are in place, Phase 2 treatment focuses on ensuring teeth are in their proper place for a healthy bite and a pleasing appearance. 3 'As kids and teens age and grow, orthodontic treatment needs to address both tooth movement and dental facial orthopedic or skeletal movement,' said Dr. Mitra Derakhshan, executive vice president, chief clinical officer, Global Treatment Planning and Clinical Services. 'As the leader in digital orthodontics, Align has developed an extensive end-to-end portfolio that helps doctors treat a range of case types including the most complex cases, and growing patients and kids as young as 6. I believe our new 'Invisalign for Kids' brand and 'Growing Patients' campaigns will help increase confidence in Invisalign treatment for the largest segment of the orthodontic market and drive further adoption among growing patients.' This latest announcement is part of Align's long-term investment in the growing patients' segment of the market which has included multiple innovation milestones over 20 million smiles. Overview of Invisalign products for growing patients: 2008: Invisalign ® Teen – Teen specific features to address patient compliance, natural eruption of permanent teeth, and root-movement control – issues that are common in treatment of younger patients. 2017: Invisalign ® System with mandibular advancement – the first clear aligner solution designed for simultaneous Class II correction and alignment in growing tween and teen patients and Invisalign ® System with mandibular advancement featuring enhanced precision wings. 2018: Invisalign First™ – the first clear aligner treatment with features designed specifically to address a broad range of indications in mixed-dentition patients, including shorter clinical crowns, management of erupting dentition, and predictable dental arch expansion. 2023: Invisalign ® Palatal Expander System –Align's first direct 3D printed orthodontic device, provides a safe, comfortable, and clinically effective 4 alternative to traditional palatal expanders that require manually turning a screw in the device in the mouth daily to achieve skeletal expansion. 2025: Invisalign ® System with mandibular advancement featuring occlusal blocks – Align's first clear aligner product with integrated solid occlusal blocks that delivers predictable mandibular advancement. Invisalign occlusal blocks provide durability, improve engagement, and enable vertical opening to offer earlier advancement of the mandible in cases like Class II deep bite to improve treatment efficiency. 'Our commitment is to support our doctors in treating patients through every step of their journey – from first visit to a lasting smile. More than 28 years of anonymized data from more than 20 million Invisalign ® patients treated globally have helped Align develop our integrated suite of innovative products and solutions that enable doctors to treat patients over their continuum of care,' said Michael Smith, Align vice president, Product Management. 'This new integrated campaign highlights the unique product offerings within our growing patient portfolio and how we are innovating in digital orthodontics to empower doctors to transform smiles and change lives.' 1. Based on a global survey of 1,786 doctors (dentists and orthodontists who use clear aligners) by IQVIA in NA, EMEA, LATAM, and APAC. Data on File at Align Technology, as of June 30, 2022. 2. American Academy of Orthodontists. The Right Time: When Should Your Child See an Orthodontist? ( Accessed 2/26/24. 3. American Academy of Orthodontists. Embarking on a Two Phase Orthodontic Adventure ( Accessed 2/28/24. 4. Based on a survey in August 2023 in Canada of 10 Invisalign trained orthodontists who participated in the Invisalign Palatal Expander System Technical Design Assessment and have treated at least 1 patient age 6-11 years with IPE. Data on file at Align Technology, Inc. as of October 30, 2023. About Align Technology, Inc. Align Technology designs and manufactures the Invisalign ® System, the most advanced clear aligner system in the world, iTero™ intraoral scanners and services, and exocad™ CAD/CAM software. These technology building blocks enable enhanced digital orthodontic and restorative workflows to improve patient outcomes and practice efficiencies for over 281.4 thousand doctor customers and are key to accessing Align's 600 million consumer market opportunity worldwide. Over the past 28 years, Align has helped doctors treat over 20.1 million patients with the Invisalign System and is driving the evolution in digital dentistry through the Align™ Digital Platform, our integrated suite of unique, proprietary technologies and services delivered as a seamless, end-to-end solution for patients and consumers, orthodontists and GP dentists, and lab/partners. Visit for more information. For additional information about the Invisalign System or to find an Invisalign doctor in your area, please visit For additional information about the iTero digital scanning system, please visit For additional information about exocad dental CAD/CAM offerings and a list of exocad reseller partners, please visit Invisalign, iTero, exocad, Align, Align Digital Platform and iTero Lumina are trademarks of Align Technology, Inc.
Business Wire
5 hours ago
- Business Wire
Fiserv and Early Warning Services Collaborate on Paze to Provide Financial Institutions and Merchants of All Sizes with a Convenient Digital Checkout Solution for Consumers
MILWAUKEE--(BUSINESS WIRE)-- Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced a new collaboration with Early Warning Services to offer the digital wallet, Paze SM to financial institutions, providing their customers and members with a convenient online checkout experience via the banks and credit unions those consumers already trust with their money. Fiserv and Early Warning Services have announced a collaboration to offer the digital wallet, Paze to financial institutions, providing their customers and members with a convenient online checkout experience via their banks and credit unions. Share Banks and credit unions can now enable the Paze wallet with added security provided by payment tokens. Card account numbers are replaced with a unique number through tokenization, and card numbers are not shared with merchants. Providing a fast, easy, and convenient online checkout experience just like other digital wallets, the Paze solution has a built-in advantage within the thousands of financial institutions powered by Fiserv. 'This strategic offering of Paze provides our clients a new digital checkout solution, one in which their consumers can have full confidence when they check out online,' said Matt Wilcox, Deputy Head, Financial Solutions and President of Digital Payments at Fiserv. 'We are excited to enable our clients with a future-forward approach to commerce and with Paze, a convenient online checkout experience for their customers.' Additionally, Fiserv will enable merchants to accept Paze at checkout, enhancing the payment options available to their customers. Paze will be supported across the Fiserv ecommerce payments suite. Fiserv and Early Warning Services have forged a long-standing strategic alliance, with Fiserv offering a turnkey service for Zelle®, meeting consumer expectations for fast and reliable person-to-person (P2P) payments. The expanded relationship enables the two companies to explore ways to enhance payment solutions for consumers and streamline the checkout experience for merchants. 'Our collaboration with Fiserv marks a significant step in expanding the reach of Paze. Together, we're making it easy for merchants of all sizes to deliver a fast, convenient, and seamless online checkout experience, unlocking access to our solution for thousands of financial institutions and merchants nationwide,' said Eric Hoffman, Chief Partnerships Officer, Early Warning Services. About Paze Paze is a reimagined online checkout solution that banks and credit unions offer to consumers and merchants, combining all eligible credit and debit cards into a single wallet and eliminating manual card entry. Solving long-standing challenges in e-commerce, Paze provides an easy experience for consumers and merchants alike. More than 150 million credit and debit cards have been added to the Paze checkout solution. To learn more about Paze, visit Paze is operated by Early Warning Services, LLC, an innovator in financial and risk management solutions. About Fiserv, Inc. Fiserv, Inc. (NYSE: FI), a Fortune 500 company, moves more than money. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and Clover®, the world's smartest point-of-sale system and business management platform. Fiserv is a member of the S&P 500® Index and one of Fortune® World's Most Admired Companies™. FI-G
Yahoo
6 hours ago
- Yahoo
La-Z-Boy Incorporated Reports Strong Fourth Quarter and Full Year Results; Sales Growth Across All Segments for the Year and Strong Operating Cash Flow Performance
Fiscal 2025 Fourth Quarter Highlights: Consolidated delivered sales of $571 million Up 3% versus prior year Retail segment delivered sales increased 8% Company-owned La-Z-Boy Furniture Galleries® network grew by a total of six stores; 203 company-owned store base now represents 55% of total network Wholesale segment delivered sales increased 2% GAAP operating margin of 5.2%; adjusted(1) operating margin of 9.4%, flat versus the year ago period GAAP diluted EPS of $0.36 and adjusted(1) diluted EPS of $0.92, both of which include a $0.10 impact from unfavorable foreign tax discrete items Delivered sales exceeded high end of guidance range and adjusted(1) operating margin at high end of guidance range Generated $62 million in operating cash flow for the quarter, up 17% versus prior year Fiscal 2025 Highlights: Consolidated delivered sales of $2.1 billion Up 3% versus prior year Retail segment delivered sales increased 5% Added 11 newly opened stores, one of the largest yearly expansions in company history, and acquired seven independent La-Z-Boy Furniture Galleries® stores Wholesale segment delivered sales increased 2% Joybird delivered sales increased 5% GAAP operating margin of 6.4%; adjusted(1) operating margin of 7.6%, down 20 basis points versus a year ago GAAP diluted EPS of $2.35 and adjusted(1) diluted EPS of $2.92, both of which include a $0.10 impact from unfavorable foreign tax discrete items Generated $187 million in operating cash flow for the year, up 18% versus prior year Returned $113 million to shareholders through share repurchases and dividends Increased quarterly dividend by 10% to $0.22 in third quarter, the fourth consecutive annual dividend increase MONROE, Mich., June 17, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported strong fourth quarter results for the period ended April 26, 2025. For the quarter, sales totaled $571 million, growing 3% against the prior year comparable period. Operating margin was 5.2% for the quarter on a GAAP basis and 9.4% on an adjusted(1) basis. Diluted earnings per share totaled $0.36 on a GAAP basis and $0.92 on an adjusted(1) basis, both of which include a $0.10 impact from unfavorable foreign tax discrete items. The company returned $113 million to shareholders for the year, up over 30% versus the prior year. Fourth quarter total written sales for the Retail segment (company-owned La-Z-Boy Furniture Galleries®) grew 3% versus a year ago and written same-store sales (which exclude the impact of newly opened stores and newly acquired stores) were down 5% versus a year ago. Continued challenges in the housing market with stubbornly high mortgage rates and increased volatility in the global economy negatively influenced consumer sentiment and had an adverse impact on industry trends. Industry data for the quarter was mixed with public company peers noting same-store sales of relatively flat to declines in the mid-teen range, while the broader industry data as reported by the U.S. Census Bureau indicated an increase in the mid-single digits. Melinda D. Whittington, Board Chair, President and Chief Executive Officer of La-Z-Boy Incorporated, said, 'Our fourth quarter results reflect the ongoing strengthening of our brand and operations under our Century Vision strategy. We executed well throughout the year with sales growth across all of our segments and four consecutive quarters of top line growth, even as the industry contends with depressed housing fundamentals and growing macro uncertainty. We are controlling what we can control with distinct strategies and initiatives across each of our businesses. In Retail, we continue to grow our direct-to-consumer business, own the entire end-to-end consumer experience, and develop more value-added consumer insights. Through opening net new stores and also acquiring existing independent La-Z-Boy Furniture Galleries®, we reached a new milestone in the quarter, growing our company-owned store footprint to over 200 stores, nearly doubling our store count over the last 10 years, and now owning 55% of the total network. In Wholesale, we continue to expand our brand reach with compatible strategic partners to serve more consumers. Additionally, we are successfully driving scale and efficiencies in our supply chain. This is highlighted by our core North America La-Z-Boy wholesale business achieving sales growth and margin expansion for four consecutive quarters during fiscal 2025, and continuing to strengthen as we initiate our multi-year distribution and delivery redesign.' Whittington added, 'Even as we expect global economic uncertainty to continue challenging consumers in the near term, we are confident in the strength of our business model to outperform our peers and deliver strong financial performance. La-Z-Boy is an iconic brand in a highly fragmented market. We have successfully navigated challenging times throughout our 98-year history by delivering comfort and quality to our consumers. A strong balance sheet combined with an agile supply chain provides us a position of strength in the industry. We will continue to execute our playbook to mitigate an ever changing environment and drive long-term profitable growth and returns for all stakeholders.' First Quarter Outlook:Taylor Luebke, SVP and Chief Financial Officer of La-Z-Boy Incorporated, said, 'We delivered growth and strong financial results in what was another challenging year for the industry. We continue to control what we can control and are executing against our Century Vision strategy, which will enable growth through our centennial and beyond. I am pleased with our progress, and our ability to deliver results at or above the high end of our sales and margin expectations for the fourth quarter, even in light of considerable volatility during the quarter. Given higher levels of uncertainty in the broader economic climate, we expect the industry outlook to continue to be volatile and we are planning prudently to navigate the year ahead. We expect to continue to outperform the industry, driven by growth in our company-owned Retail segment and core North America La-Z-Boy wholesale business. Assuming no significant changes in external factors, we expect fiscal first quarter sales to be in the range of $490-$510 million, reflecting modest growth in a challenged consumer environment. We expect adjusted operating margin(2) to be in the range of 5.5-7.0%, including the impact of transitory pressure from our UK and Joybird businesses, as well as investment in our distribution network and home delivery redesign project. Also, as a reminder, our first quarter is generally the lowest sales and margin quarter in the fiscal year due to seasonally lower industry sales and our annual week-long plant shutdown.' Key Results: Quarter Ended Year Ended 4/26/2025 4/27/2024 Change 4/26/2025 4/27/2024 Change Sales $ 570,871 $ 553,535 3% $ 2,109,207 $ 2,047,027 3% GAAP operating income 29,527 50,097 (41)% 135,837 150,796 (10)% Adjusted operating income 53,611 52,114 3% 160,826 159,398 1% GAAP operating margin 5.2% 9.1% (390) bps 6.4% 7.4% (100) bps Adjusted operating margin 9.4% 9.4% 0 bps 7.6% 7.8% (20) bps GAAP net income attributable to La-Z-Boy Incorporated 14,931 39,308 (62)% 99,556 122,626 (19)% Adjusted net income attributable to La-Z-Boy Incorporated 38,392 40,811 (6)% 123,745 129,131 (4)% Diluted weighted average common shares 41,942 42,974 42,345 43,280 GAAP diluted earnings per share $ 0.36 $ 0.91 (60)% $ 2.35 $ 2.83 (17)% Adjusted diluted earnings per share $ 0.92 $ 0.95 (3)% $ 2.92 $ 2.98 (2)% Liquidity Measures: Year Ended Year Ended 4/26/2025 4/27/2024 4/26/2025 4/27/2024 Free Cash Flow Cash Returns to Shareholders Operating cash flow $ 187,271 $ 158,127 Share repurchases $ 77,930 $ 52,773 Capital expenditures (74,280 ) (53,551 ) Dividends 34,955 32,665 Free cash flow $ 112,991 $ 104,576 Cash returns to shareholders $ 112,885 $ 85,438 4/26/2025 4/27/2024 Cash and cash equivalents $ 328,449 $ 341,098 Fiscal 2025 Fourth Quarter Results versus Fiscal 2024 Fourth Quarter: Consolidated sales in the fourth quarter of fiscal 2025 increased 3% to $571 million versus last year, primarily driven by acquisitions and new stores in the Retail segment, and continued momentum in our core North America La-Z-Boy wholesale business Consolidated GAAP operating margin was 5.2% versus 9.1% Consolidated adjusted(1) operating margin was flat at 9.4% versus the year ago period, as lower input costs (reduced commodity prices and improved sourcing) and leverage on marketing investments were offset by the impact of a significant customer transition in our international wholesale business as well as acceleration of tariff expenses in the quarter GAAP diluted EPS was $0.36 versus $0.91, and adjusted(1) diluted EPS totaled $0.92 versus $0.95 last year in the comparable period. GAAP and adjusted(1) diluted EPS for fiscal 2025 both include a $0.10 impact from unfavorable foreign tax discrete items Retail Segment: Sales: Written sales for the Retail segment (company-owned La-Z-Boy Furniture Galleries® stores) increased 3% compared to the year ago period driven primarily by new and acquired stores Written same-store sales decreased 5%, as continued weakness in industry traffic was partially offset by higher average ticket and design sales Delivered sales increased 8% to $247 million versus last year, primarily due to growth from acquired and new stores and positive delivered same-store sales growth Operating Margin: GAAP operating margin and GAAP operating income were 13.1% and $32 million, versus 14.1% and $32 million in the prior period, respectively Adjusted(1) operating margin and adjusted(1) operating income were 13.1% and $32 million, down 110 basis points, and flat, respectively, due to investment in new stores Wholesale Segment: Sales: Sales increased 2% to $402 million, driven by growth in our core North America La-Z-Boy wholesale business partially offset by the continued impact of a significant customer transition in our international wholesale business Operating Margin: GAAP operating margin decreased to 2.5% versus 8.1% Adjusted(1) operating margin was 8.5%, flat versus the year ago as gross margin and SG&A as a percent of sales were largely unchanged. Continued margin expansion in our core North America La-Z-Boy wholesale business was offset by the margin impact of a significant customer transition in the international wholesale business as well as incremental tariff expenses in the quarter Corporate & Other: Joybird written sales decreased 21% as recent economic and industry trends disproportionately impacted the Joybird online consumer Delivered sales decreased 2% to $36 million as positive growth within existing stores was offset by declines in the online business Joybird adjusted(1) operating margin was positive in the fourth quarter, relatively flat versus prior year Balance Sheet and Cash Flow, Fiscal 2025: Ended the quarter with $328 million in cash(3) and no external debt Generated $187 million in cash from operating activities (up 18% from the prior year) including $62 million in the fourth quarter (up 17% from the prior year comparable period), versus $158 million in Fiscal 2024 and $53 million in last year's fourth quarter Invested $74 million in capital expenditures, primarily related to La-Z-Boy Furniture Galleries® (new stores and remodels) Returned approximately $113 million to shareholders, including $78 million in share repurchases and $35 million in dividends, which was raised by 10% to $0.22 in third quarter, the fourth consecutive annual dividend increase Conference Call:La-Z-Boy will hold a conference call with the investment community on Wednesday, June 18, 2025, at 8:30 a.m. ET. The toll-free dial-in number is (888) 506-0062; international callers may use (973) 528-0011. Enter Participant Access Code: 546047. The call will be webcast live, with corresponding slides, and archived on the internet. It will be available at A telephone replay will be available for a week following the call. This replay will be accessible to callers from the U.S. and Canada at (877) 481-4010 and to international callers at (919) 882-2331. Enter Replay Passcode: 52510. The webcast replay will be available for one year. Investor Relations Contact:Mark Becks, CFA, (734) Media Contact:Cara Klaer, (734) About La-Z-Boy:La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world - a mission that began when its founders invented the iconic recliner in 1927. Today, the company operates as a vertically integrated furniture retailer and manufacturer, committed to uncompromising quality and compassion for its consumers. The Retail segment consists of over 200 company-owned La-Z-Boy Furniture Galleries® stores and is part of a broader network of nearly 370 La-Z-Boy Furniture Galleries® that, with serve customers nationwide. Joybird®, an e-commerce retailer and manufacturer of modern upholstered furniture, has 12 stores in the U.S. In the Wholesale segment, La-Z-Boy manufactures comfortable, custom furniture for Furniture Galleries® and a variety of retail channels, England Furniture Co. offers custom upholstered furniture, and casegoods brands Kincaid®, American Drew®, and Hammary® provide pieces that make every room feel like home. To learn more, please visit: Notes:(1)Beginning in FY2025 Q4, the company renamed all of its Non-GAAP financial measures to adjusted financial measures; for example, Non-GAAP diluted EPS has been renamed to adjusted diluted EPS. The methodology for calculating these measures remains unchanged, and therefore any previously reported non-GAAP financial measures that are renamed to corresponding adjusted financial measures remain unchanged. Please refer to the accompanying 'Reconciliation of GAAP to Adjusted Financial Measures' and 'Reconciliation of GAAP to Adjusted Financial Measures: Segment Information' for detailed information.a $20.6 million pre-tax, or $0.49 per diluted share, charge related to the goodwill impairment in our United Kingdom ("UK") wholesale and manufacturing businesses, which were acquired in fiscal years 2017 and 2022, respectively. Based on a quantitative goodwill assessment, a decline in the financial performance of the UK businesses, primarily resulting from a significant customer transition, resulted in the impairment of the full value of the UK goodwill. We continue to execute on this customer transition and remain focused on growth opportunities for this business. a $3.2 million pre-tax, or $0.07 per share, charge related to UK supply chain optimization actions purchase accounting charges related to acquisitions completed in prior periods totaling $0.3 million pre-tax, or less than $0.01 per diluted share, all included in operating incomea $1.7 million pre-tax, or less than $0.03 per diluted share, charge related to our Mexico supply chain optimization actions purchase accounting charges related to acquisitions completed in prior periods totaling $0.3 million pre-tax, or $0.01 per diluted share, all included in operating incomea $20.6 million pre-tax, or $0.48 per diluted share, charge related to the goodwill impairment in our UK wholesale and manufacturing businesses, which were acquired in fiscal years 2017 and 2022, respectively. Based on a quantitative goodwill assessment, a decline in the financial performance of the UK businesses, primarily resulting from a significant customer transition, resulted in the impairment of the full value of the UK goodwill. We continue to execute on this customer transition and remain focused on growth opportunities for this business. a $3.2 million pre-tax, or $0.07 per share, charge related to UK supply chain optimization actions purchase accounting charges related to acquisitions completed in prior periods totaling $1.2 million pre-tax, or $0.02 per diluted share, all included in operating incomea $7.5 million pre-tax, or $0.13 per diluted share, charge related to our Mexico supply chain optimization actions purchase accounting charges related to acquisitions completed in prior periods totaling $1.2 million pre-tax. or $0.02 per share, with $1.1 million included in operating income and $0.1 million included in interest expense (2)This reference to for a future period is an adjusted financial measure. We have not provided a reconciliation of adjusted operating margin for future periods in this press release because such reconciliation cannot be provided without unreasonable efforts. Please refer to the accompanying 'Reconciliation of GAAP to adjusted Financial Measures' and 'Reconciliation of GAAP to adjusted Financial Measures: Segment Information' for detailed information on calculating the adjusted financial measures used in this press release and a reconciliation to the most directly comparable GAAP measure. (3)includes cash and cash equivalents. Cautionary Note Regarding Forward-Looking Statements:This news release contains 'forward-looking' statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Generally, forward-looking statements include information concerning expectations, projections or trends relating to our results of operations, financial results, financial condition, strategic initiatives and plans, expenses, dividends, share repurchases, liquidity, use of cash and cash requirements, borrowing capacity, investments, future economic performance, and our business and industry. The forward-looking statements in this press release are based on certain assumptions and currently available information and are subject to various risks and uncertainties, many of which are unforeseeable and beyond our control. Additional risks and uncertainties that we do not presently know about or that we currently consider to be immaterial may also affect our business operations and financial results. Our actual future results and trends may differ materially depending on a variety of factors, including, but not limited to, the risks and uncertainties discussed in our Fiscal 2025 Annual Report on Form 10-K and other factors identified in our reports filed with the Securities and Exchange Commission (the 'SEC'), available on the SEC's website at Given these risks and uncertainties, you should not rely on forward-looking statements as a prediction of actual results. We are including this cautionary note to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason. Adjusted Financial Measures:In addition to the financial measures prepared in accordance with accounting principles generally accepted in the United States ('GAAP'), this press release also includes adjusted financial measures. Management uses these adjusted financial measures when assessing our ongoing performance. This press release contains references to adjusted operating income (on a consolidated basis and by segment), adjusted operating margin (on a consolidated basis and by segment), and adjusted net income attributable to La-Z-Boy Incorporated per diluted share, adjusted diluted earnings per share (and components thereof, including adjusted income before income taxes and adjusted net income attributable to La-Z-Boy Incorporated), each of which may exclude, as applicable, supply chain optimization charges, goodwill impairment charges, and purchase accounting charges. The supply chain optimization charges in fiscal 2025 include asset impairment costs and severance costs related to our United Kingdom wholesale businesses. The supply chain optimization charges in fiscal 2024 include asset impairment costs, accelerated depreciation expense, lease termination gains, severance costs, and employee relocation costs related to shifting upholstery production from our Ramos, Mexico operations to other upholstery plants and relocating our cut and sew operations back to Ramos, Mexico, resulting in the permanent closure of our leased cut and sew facility in Parras, Mexico. The purchase accounting charges include the amortization of intangible assets, incremental expense upon the sale of inventory acquired at fair value, and fair value adjustments of future cash payments recorded as interest expense. These adjusted financial measures are not meant to be considered superior to or a substitute for La-Z-Boy Incorporated's results of operations prepared in accordance with GAAP and may not be comparable to similarly titled measures reported by other companies. Reconciliations of such adjusted financial measures to the most directly comparable GAAP financial measures are set forth in the accompanying tables. Management believes that presenting certain adjusted financial measures will help investors understand the long-term profitability trends of our business and compare our profitability to prior and future periods and to our peers. Management excludes purchase accounting charges because the amount and timing of such charges are significantly impacted by the timing, size, number and nature of the acquisitions consummated and the success with which we operate the businesses acquired. While the company has a history of acquisition activity, it does not acquire businesses on a predictable cycle, and the impact of purchase accounting charges is unique to each acquisition and can vary significantly from acquisition to acquisition. Similarly, supply chain optimization charges are dependent on the timing, size, number and nature of the operations being closed, consolidated or centralized, and the charges may not be incurred on a predictable cycle. Management believes that exclusion of these items facilitates more consistent comparisons of the company's operating results over time. Where applicable, the accompanying 'Reconciliation of GAAP to Adjusted Financial Measures' tables present the excluded items net of tax calculated using the effective tax rate from operations for the period in which the adjustment is presented. LA-Z-BOY INCORPORATEDCONSOLIDATED STATEMENT OF INCOME Quarter Ended Year Ended 4/26/2025 4/27/2024 4/26/2025 4/27/2024 Sales $ 570,871 $ 553,535 $ 2,109,207 $ 2,047,027 Cost of sales 319,809 313,452 1,182,789 1,165,357 Gross profit 251,062 240,083 926,418 881,670 Selling, general and administrative expense 200,954 189,986 770,000 730,874 Goodwill impairment 20,581 — 20,581 — Operating income 29,527 50,097 135,837 150,796 Interest expense (134 ) (126 ) (545 ) (455 ) Interest income 3,258 4,260 14,877 15,482 Other income (expense), net (635 ) (92 ) (3,035 ) (71 ) Income before income taxes 32,016 54,139 147,134 165,752 Income tax expense 16,666 13,807 46,182 41,116 Net income 15,350 40,332 100,952 124,636 Net (income) loss attributable to noncontrolling interests (419 ) (1,024 ) (1,396 ) (2,010 ) Net income attributable to La-Z-Boy Incorporated $ 14,931 $ 39,308 $ 99,556 $ 122,626 Basic weighted average common shares 41,208 42,499 41,601 42,878 Basic net income attributable to La-Z-Boy Incorporated per share $ 0.36 $ 0.92 $ 2.39 $ 2.86 Diluted weighted average common shares 41,942 42,974 42,345 43,280 Diluted net income attributable to La-Z-Boy Incorporated per share $ 0.36 $ 0.91 $ 2.35 $ 2.83 LA-Z-BOY INCORPORATEDCONSOLIDATED BALANCE SHEET 4/26/2025 4/27/2024 Current assets Cash and equivalents $ 328,449 $ 341,098 Receivables, net of allowance of $5,042 at 4/26/2025 and $5,076 at 4/27/2024 139,533 139,213 Inventories, net 255,285 263,237 Other current assets 82,421 93,260 Total current assets 805,688 836,808 Property, plant and equipment, net 339,212 298,224 Goodwill 205,590 214,453 Other intangible assets, net 51,161 47,251 Deferred income taxes – long-term 7,349 10,283 Right of use lease asset 452,848 446,466 Other long-term assets, net 60,314 59,957 Total assets $ 1,922,162 $ 1,913,442 Current liabilities Accounts payable $ 95,984 $ 96,486 Lease liabilities, short-term 80,592 77,027 Accrued expenses and other current liabilities 244,215 263,768 Total current liabilities 420,791 437,281 Lease liability, long-term 410,265 404,724 Other long-term liabilities 59,130 58,077 Shareholders' Equity Preferred shares – 5,000 authorized; none issued — — Common shares, $1.00 par value – 150,000 authorized; 41,164 outstanding at 4/26/2025 and 42,440 outstanding at 4/27/2024 41,164 42,440 Capital in excess of par value 385,601 368,485 Retained earnings 597,432 598,009 Accumulated other comprehensive loss (3,574 ) (5,870 ) Total La-Z-Boy Incorporated shareholders' equity 1,020,623 1,003,064 Noncontrolling interests 11,353 10,296 Total equity 1,031,976 1,013,360 Total liabilities and equity $ 1,922,162 $ 1,913,442 LA-Z-BOY INCORPORATEDCONSOLIDATED STATEMENT OF CASH FLOWS Year Ended 4/26/2025 4/27/2024 Cash flows from operating activities Net income $ 100,952 $ 124,636 Adjustments to reconcile net income to cash provided by operating activities (Gain)/loss on disposal and impairment of assets 1,998 1,101 (Gain)/loss on sale of investments (235 ) (1,199 ) Provision for doubtful accounts 851 511 Depreciation and amortization 46,667 48,552 Amortization of right-of-use lease assets 76,964 76,133 Lease impairment/(settlement) — (1,175 ) Equity-based compensation expense 17,400 14,426 Goodwill impairment 20,581 — Change in deferred taxes 5,116 (3,268 ) Change in receivables (1,906 ) (16,811 ) Change in inventories 12,792 19,877 Change in other assets 8,701 10,303 Change in payables (2,066 ) (8,606 ) Change in lease liabilities (78,609 ) (76,766 ) Change in other liabilities (21,935 ) (29,587 ) Net cash provided by operating activities 187,271 158,127 Cash flows from investing activities Proceeds from disposals of assets 412 4,972 Capital expenditures (74,280 ) (53,551 ) Purchases of investments (6,990 ) (18,351 ) Proceeds from sales of investments 11,994 24,816 Acquisitions (29,525 ) (39,440 ) Net cash used for investing activities (98,389 ) (81,554 ) Cash flows from financing activities Payments on finance lease liabilities (663 ) (489 ) Holdback payments for acquisitions — (5,000 ) Stock issued for stock and employee benefit plans, net of shares withheld for taxes 12,350 10,872 Repurchases of common stock (77,930 ) (52,773 ) Dividends paid to shareholders (34,955 ) (32,665 ) Dividends paid to minority interest joint venture partners (1) (1,414 ) (1,172 ) Net cash used for financing activities (102,612 ) (81,227 ) Effect of exchange rate changes on cash and equivalents 1,081 (926 ) Change in cash, cash equivalents and restricted cash (12,649 ) (5,580 ) Cash, cash equivalents and restricted cash at beginning of period 341,098 346,678 Cash, cash equivalents and restricted cash at end of period $ 328,449 $ 341,098 Supplemental disclosure of non-cash investing activities Capital expenditures included in payables $ 7,234 $ 5,952 (1 ) Includes dividends paid to joint venture minority partners resulting from the repatriation of dividends from our foreign earnings that we no longer consider permanently reinvested. LA-Z-BOY INCORPORATEDSEGMENT INFORMATION Quarter Ended Year Ended 4/26/2025 4/27/2024 4/26/2025 4/27/2024 Sales Wholesale segment: Sales to external customers $ 286,883 $ 287,900 $ 1,056,914 $ 1,048,431 Intersegment sales 115,141 104,561 422,905 398,847 Wholesale segment sales 402,024 392,461 1,479,819 1,447,278 Retail segment sales 246,769 227,878 898,370 855,126 Corporate and Other: Sales to external customers 37,219 37,757 153,923 143,470 Intersegment sales 1,799 1,587 6,552 10,299 Corporate and Other sales 39,018 39,344 160,475 153,769 Eliminations (116,940 ) (106,148 ) (429,457 ) (409,146 ) Consolidated sales $ 570,871 $ 553,535 $ 2,109,207 $ 2,047,027 Operating Income (Loss) Wholesale segment $ 10,120 $ 31,709 $ 82,213 $ 99,373 Retail segment 32,414 32,170 105,417 111,682 Corporate and Other (13,007 ) (13,782 ) (51,793 ) (60,259 ) Consolidated operating income $ 29,527 $ 50,097 $ 135,837 $ 150,796 LA-Z-BOY INCORPORATEDUNAUDITED QUARTERLY FINANCIALDATA Fiscal2025 Fiscal Quarter Ended (13 weeks) (13 weeks) (13 weeks) (13 weeks) 7/27/2024 10/26/2024 1/25/2025 4/26/2025 Sales $ 495,532 $ 521,027 $ 521,777 $ 570,871 Cost of sales 282,189 290,379 290,412 319,809 Gross profit 213,343 230,648 231,365 251,062 Selling, general and administrative expense 180,973 191,876 196,197 200,954 Goodwill impairment — — — 20,581 Operating income 32,370 38,772 35,168 29,527 Interest expense (210 ) (99 ) (102 ) (134 ) Interest income 4,424 3,730 3,465 3,258 Other income (expense), net (618 ) (1,879 ) 97 (635 ) Income before income taxes 35,966 40,524 38,628 32,016 Income tax expense 9,162 10,671 9,683 16,666 Net income 26,804 29,853 28,945 15,350 Net (income) loss attributable to noncontrolling interests (645 ) 184 (516 ) (419 ) Net income attributable to La-Z-Boy Incorporated $ 26,159 $ 30,037 $ 28,429 $ 14,931 Diluted weighted average common shares 42,564 42,154 42,103 41,942 Diluted net income attributable to La-Z-Boy Incorporated per share $ 0.61 $ 0.71 $ 0.68 $ 0.36 Fiscal2024 Fiscal Quarter Ended (13 weeks) (13 weeks) (13 weeks) (13 weeks) 7/29/2023 10/28/2023 1/27/2024 4/27/2024 Sales $ 481,651 $ 511,435 $ 500,406 $ 553,535 Cost of sales 275,923 288,830 287,152 313,452 Gross profit 205,728 222,605 213,254 240,083 Selling, general and administrative expense 171,202 188,993 180,693 189,986 Operating income 34,526 33,612 32,561 50,097 Interest expense (122 ) (101 ) (106 ) (126 ) Interest income 3,056 4,042 4,124 4,260 Other income (expense), net 556 104 (639 ) (92 ) Income before income taxes 38,016 37,657 35,940 54,139 Income tax expense 10,090 9,963 7,256 13,807 Net income 27,926 27,694 28,684 40,332 Net income attributable to noncontrolling interests (447 ) (495 ) (44 ) (1,024 ) Net income attributable to La-Z-Boy Incorporated $ 27,479 $ 27,199 $ 28,640 $ 39,308 Diluted weighted average common shares 43,333 43,401 43,195 42,974 Diluted net income attributable to La-Z-Boy Incorporated per share $ 0.63 $ 0.63 $ 0.66 $ 0.91 LA-Z-BOY INCORPORATEDRECONCILIATION OF GAAP TO ADJUSTED FINANCIAL MEASURES Quarter Ended Year Ended 4/26/2025 4/27/2024 4/26/2025 4/27/2024 GAAP gross profit $ 251,062 $ 240,083 $ 926,418 $ 881,670 Purchase accounting charges (1) — 89 140 89 Supply chain optimization charges (2) 1,123 502 1,123 4,468 Adjusted gross profit $ 252,185 $ 240,674 $ 927,681 $ 886,227 GAAP SG&A $ 200,954 $ 189,986 $ 770,000 $ 730,874 Purchase accounting charges (3) (256 ) (254 ) (1,021 ) (1,016 ) Supply chain optimization charges (4) (2,124 ) (1,172 ) (2,124 ) (3,029 ) Adjusted SG&A $ 198,574 $ 188,560 $ 766,855 $ 726,829 GAAP operating income $ 29,527 $ 50,097 $ 135,837 $ 150,796 Purchase accounting charges 256 343 1,161 1,105 Supply chain optimization charges 3,247 1,674 3,247 7,497 Goodwill impairment 20,581 — 20,581 — Adjusted operating income $ 53,611 $ 52,114 $ 160,826 $ 159,398 GAAP income before income taxes $ 32,016 $ 54,139 $ 147,134 $ 165,752 Purchase accounting charges recorded as part of gross profit, SG&A, and interest expense 256 343 1,161 1,153 Supply chain optimization charges 3,247 1,674 3,247 7,497 Goodwill impairment 20,581 — 20,581 — Adjusted income before income taxes $ 56,100 $ 56,156 $ 172,123 $ 174,402 GAAP net income attributable to La-Z-Boy Incorporated $ 14,931 $ 39,308 $ 99,556 $ 122,626 Purchase accounting charges recorded as part of gross profit, SG&A, and interest expense 256 343 1,161 1,153 Tax effect of purchase accounting (79 ) (87 ) (317 ) (286 ) Supply chain optimization charges 3,247 1,674 3,247 7,497 Tax effect of supply chain optimization (545 ) (427 ) (483 ) (1,859 ) Goodwill impairment 20,581 — 20,581 — Adjusted net income attributable to La-Z-Boy Incorporated $ 38,392 $ 40,811 $ 123,745 $ 129,131 GAAP net income attributable to La-Z-Boy Incorporated per diluted share ("Diluted EPS") $ 0.36 $ 0.91 $ 2.35 $ 2.83 Purchase accounting charges, net of tax, per share — 0.01 0.02 0.02 Supply chain optimization charges, net of tax, per share 0.07 0.03 0.07 0.13 Goodwill impairment, net of tax, per share 0.49 — 0.48 — Adjusted net income attributable to La-Z-Boy Incorporated per diluted share ("Diluted EPS") $ 0.92 $ 0.95 $ 2.92 $ 2.98 (1 ) Includes incremental expense upon the sale of inventory acquired at fair value. (2 ) Fiscal 2025 includes severance charges relating to manufacturing optimization actions in the United Kingdom. Fiscal 2024 includes severance charges related to shifting upholstery production from our Ramos, Mexico operations to other upholstery plants and relocating our cut and sew operations back to Ramos, Mexico, resulting in the permanent closure of our leased cut and sew facility in Parras, Mexico. (3 ) Includes amortization of intangible assets. (4 ) Fiscal 2025 includes the impairment of fixed assets and our customer relationship intangible asset in the United Kingdom. The first nine months of fiscal 2024 includes $3.0 million of accelerated depreciation of fixed assets related to shifting upholstery production from our Ramos, Mexico operations to other upholstery plants and relocating our cut and sew operations back to Ramos, Mexico, resulting in the permanent closure of our leased cut and sew facility in Parras, Mexico. The first nine months of fiscal 2024 also includes a $1.2 million gain related to the settlement of the Torreón, Mexico lease obligation on previously impaired assets. LA-Z-BOY INCORPORATEDRECONCILIATION OF GAAP TO ADJUSTED FINANCIAL MEASURESSEGMENT INFORMATION Quarter Ended Year Ended 4/26/2025 % of sales 4/27/2024 % of sales 4/26/2025 % of sales 4/27/2024 % of sales GAAP operating income (loss) Wholesale segment $ 10,120 2.5% $ 31,709 8.1% $ 82,213 5.6% $ 99,373 6.9% Retail segment 32,414 13.1% 32,170 14.1% 105,417 11.7% 111,682 13.1% Corporate and Other (13,007 ) N/M (13,782 ) N/M (51,793 ) N/M (60,259 ) N/M Consolidated GAAP operating income $ 29,527 5.2% $ 50,097 9.1% $ 135,837 6.4% $ 150,796 7.4% Adjusted items affecting operating income Wholesale segment $ 23,885 $ 1,729 $ 24,052 $ 7,715 Retail segment — 89 140 89 Corporate and Other 199 199 797 798 Consolidated adjusted items affecting operating income $ 24,084 $ 2,017 $ 24,989 $ 8,602 Adjusted operating income (loss) Wholesale segment $ 34,005 8.5% $ 33,438 8.5% $ 106,265 7.2% $ 107,088 7.4% Retail segment 32,414 13.1% 32,259 14.2% 105,557 11.7% 111,771 13.1% Corporate and Other (12,808 ) N/M (13,583 ) N/M (50,996 ) N/M (59,461 ) N/M Consolidated adjusted operating income $ 53,611 9.4% $ 52,114 9.4% $ 160,826 7.6% $ 159,398 7.8% N/M - Not Meaningful Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
