La-Z-Boy Incorporated (NYSE:LZB) Q2 2025 Earnings Conference Call November 20, 2024 8:30 AM ET

Company Participants

Mark Becks - Director of IR & Corporate Development
Melinda Whittington - President & CEO
Bob Lucian - SVP & CFO
Taylor Luebke - VP, Finance & Treasurer

Conference Call Participants

Bobby Griffin - Raymond James
Anthony Lebiedzinski - Sidoti & Company
Brad Thomas - KeyBanc

Operator

Greetings. Welcome to the La-Z-Boy Fiscal 2025 Second Quarter Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded.

I will now turn the conference over to your host, Mark Becks, Director of Investor Relations and Corporate Development of La-Z-Boy Incorporated. You may begin.

Mark Becks

Thank you, Holly. Good morning, everyone, and thanks for joining us to discuss our fiscal 2025 second quarter. With us today are Melinda Whittington, La-Z-Boy Incorporated's President and Chief Executive Officer; Bob Lucian, La-Z-Boy's SVP and CFO; Taylor Luebke, VP, Finance and Treasurer.

Melinda will open and close the call, and Bob will speak to segment performance in the financials midway through. We will then open the call to questions. Slides will accompany this presentation, and you may view them through our webcast link, which will be available for one year. And a telephone replay of the call will be available for one week beginning this afternoon.

Before we begin the presentation, I'd like to remind you that some statements made in today's call include forward-looking statements about La-Z-Boy Incorporated's future performance and other matters. Although, we believe these statements to be reasonable, our actual results could differ materially.

The most significant risk factors that could affect our future results are described in our Annual Report on Form 10-K. We encourage you to review those risk factors, as well as other key information detailed in our SEC filings. Also, our earnings release is available under the News Events tab on the Investor Relations page of our website and includes reconciliations of certain non-GAAP measures, which are also included as an appendix at the end of our conference call slide deck.

With that, I will now turn the call over to Melinda Whittington, La-Z-Boy Incorporate's President and Chief Executive Officer. Melinda?

Melinda Whittington

Thanks, Mark, and good morning, everyone. Yesterday, following the close of market, we reported results for our October ended second quarter. We were pleased with the strong results led by our retail segment despite a continued challenging macro environment and sluggish home furniture and furnishings industry. Our total delivered sales grew for the second consecutive quarter, despite these headwinds driven by our iconic brand and outstanding execution across the company.