La-Z-Boy Incorporated to Acquire La-Z-Boy Furniture Galleries® Stores in Southeast Region; 15-Store Acquisition Brings Company-Owned Count to 220, 60% of Total Network

Key Highlights: Significant acquisition of 15-store network in GA, FL, and TN with ~$80 million in annual sales, expected to close in late OctoberAdds designated market areas (DMAs) that will enable further new store