Earnings summaries and quarterly performance for LA-Z-BOY.
Executive leadership at LA-Z-BOY.
Board of directors at LA-Z-BOY.
Research analysts who have asked questions during LA-Z-BOY earnings calls.
Anthony Lebiedzinski
Sidoti & Company, LLC
6 questions for LZB
Also covers: BSET, CNXN, FLWS +13 more
BG
Bobby Griffin
Raymond James Financial
4 questions for LZB
Also covers: ARKO, CASY, DLTR +10 more
Bradley Thomas
KeyBanc Capital Markets Inc.
2 questions for LZB
Also covers: CENT, ETD, FIVE +10 more
Robert Griffin
Raymond James & Associates, Inc.
2 questions for LZB
Also covers: ARKO, CASY, LEG +7 more
TZ
Taylor Zeckan
KeyBanc Capital Markets
2 questions for LZB
Taylor Zick
KeyBanc Capital Markets Inc.
1 question for LZB
Also covers: ETD
TZ
Taylor Zwick
KeyBanc Capital Markets
1 question for LZB
Recent press releases and 8-K filings for LZB.
La-Z-Boy Reports Q2 2026 Results and Strategic Portfolio Optimization
LZB
Earnings
M&A
New Projects/Investments
- La-Z-Boy reported Q2 2026 adjusted sales of $522 million and adjusted diluted EPS of $0.71, which was flat compared to the prior year.
- The company completed its largest independent store acquisition of 15 stores, adding an estimated $40 million net to the total company's annual sales. Concurrently, it announced plans to exit non-core wholesale case goods businesses and close its U.K. manufacturing facility. These strategic actions are expected to result in an approximate $30 million net sales decrease and a 75-100 basis points adjusted operating margin improvement for the entire enterprise annually, with completion expected by the end of the fiscal year.
- La-Z-Boy continues its distribution network transformation, consolidating two additional distribution centers in Q2, aiming to reduce its footprint from 15 to three hubs. This multi-year project is projected to yield 50-75 basis points of wholesale segment margin improvement (up to 50 basis points on total enterprise margin) upon completion.
- The company opened five new company-owned stores in the quarter and 15 new stores in the last 12 months, expanding its La-Z-Boy store network, with company-owned stores now representing 60% of the 370-store network.
Nov 19, 2025, 1:30 PM
La-Z-Boy Reports Solid Q2 2026 Results and Provides Q3 Guidance
LZB
Earnings
Guidance Update
M&A
- La-Z-Boy reported Q2 2026 delivered sales of $522 million and an adjusted operating margin of 7.1%, with adjusted diluted EPS at $0.71, which was flat versus the prior year.
- The company generated $50 million in operating cash flow for the quarter and announced a 10% dividend increase, marking the fifth consecutive year of double-digit increases.
- Strategic initiatives include the acquisition of a 15-store network in the Southeast U.S. and plans to exit non-core businesses (Kincaid Case Goods, American Drew Case Goods, and Kincaid Upholstery) and close its U.K. manufacturing facility, with these exits expected to be substantially completed by the end of the fiscal year.
- These strategic actions are projected to result in an approximate $30 million net sales decrease and a 75-100 basis points adjusted operating margin improvement for the entire enterprise annually.
- For Q3 2026, La-Z-Boy expects sales between $525 million and $545 million and an adjusted operating margin of 5-6.5%.
Nov 19, 2025, 1:30 PM
La-Z-Boy Reports Q2 2026 Results, Announces Dividend Increase and Strategic Portfolio Optimization
LZB
Earnings
Dividends
M&A
- La-Z-Boy reported Q2 2026 delivered sales of $522 million, a slight increase year-over-year, with an adjusted operating margin of 7.1% and adjusted diluted EPS of $0.71.
- The company generated $50 million in operating cash flow, tripling the prior year's comparable period, and announced a 10% dividend increase, marking the fifth consecutive year of double-digit increases.
- Strategic initiatives include the acquisition of 15 company-owned stores (expected to add $40 million net to the total company annually) and plans to exit non-core businesses (expected to result in a $70 million sales headwind from these businesses).
- The combined impact of these strategic actions is projected to result in an approximate $30 million net sales decrease and a significant adjusted operating margin improvement of 75-100 basis points to the entire enterprise annually.
- For Q3 2026, La-Z-Boy anticipates sales between $525-$545 million and an adjusted operating margin in the range of 5-6.5%.
Nov 19, 2025, 1:30 PM
La-Z-Boy Reports Solid Q2 2026 Results, Advances Retail Acquisition and Strategic Initiatives
LZB
Earnings
M&A
Guidance Update
- La-Z-Boy Incorporated reported Q2 2026 sales of $522 million, a slight increase from the prior year, with GAAP diluted EPS of $0.70 and adjusted diluted EPS of $0.71.
- The company completed a 15-store acquisition in the southeast U.S. region, estimated to add $80 million in annual Retail sales.
- Strategic initiatives, including exiting non-core businesses and proposing the closure of a UK manufacturing facility, are projected to reduce sales by approximately $30 million net and increase margins by 75-100 basis points by the end of the fiscal year.
- The quarterly dividend was increased by 10% to $0.242 per share, marking the fifth consecutive year of double-digit increases.
- For fiscal Q3, La-Z-Boy expects sales to be in the range of $525-545 million (1-4% year-over-year growth) and an adjusted operating margin of 5.0-6.5%.
Nov 18, 2025, 9:17 PM
La-Z-Boy Announces Strategic Leadership Realignment
LZB
Management Change
- La-Z-Boy Incorporated announced a strategic realignment of its commercial leadership on October 13, 2025, aimed at strengthening its focus on core businesses and positioning for scalable, long-term growth.
- Tj Linz was appointed President, Wholesale Brands, effective October 10, 2025.
- Rob Sundy was appointed President, Retail, effective October 10, 2025.
- Rebecca Reeder, who served as President, Retail La-Z-Boy Furniture Galleries, will be leaving the company effective October 31, 2025.
Oct 14, 2025, 12:59 PM
Quarterly earnings call transcripts for LA-Z-BOY.
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