La-Z-Boy: Retail Written Sales Jump 16% As New And Acquired Stores Drive Growth
La-Z-Boy's Retail segment saw a 16% increase in written sales for its fiscal 2027 first quarter, driven by acquisitions, new store openings, and positive same-store sales. This growth in retail helped offset weaker performance in the company's Wholesale and Joybird businesses, leading to a consolidated sales decline of 3%. Despite ongoing investments in infrastructure and acquisitions, the company maintains a strong balance sheet with $267 million in cash and no external debt.
La-Z-Boy drives momentum in retail division
La-Z-Boy Incorporated reported a decline in overall first-quarter sales but saw strong performance in its retail division, with a 10% increase in delivered sales and 16% growth in written sales. The company's CEO highlighted continued market share gains and momentum in the retail segment, driven by improvements in same-store sales, new store expansion, and acquisitions. Despite a challenging consumer environment, La-Z-Boy anticipates second-quarter sales between $500-$520 million, leveraging strong retail sales and wholesale backlog.
La-Z-Boy Incorporated to Issue Quarterly Dividend of $0.24 (NYSE:LZB)
La-Z-Boy Incorporated (NYSE:LZB) announced a quarterly dividend of $0.242 per share, payable on September 15th to shareholders of record on September 3rd. This represents an annualized yield of approximately 2.4% and is supported by a payout ratio of 26.7%. Despite this, the company's latest quarter saw adjusted EPS miss expectations at $0.43 and revenue decline 3.4% year-over-year to $475.7 million.
La-Z-Boy (NYSE:LZB) Shares Gap Down Following Weak Earnings
La-Z-Boy (NYSE:LZB) shares gapped down after reporting weaker-than-expected first-quarter earnings and revenue, with EPS of $0.43 against an estimated $0.49 and revenue of $475.7 million below the $501.4 million consensus. The company also provided a second-quarter revenue guidance that trailed analyst expectations, leading to a significant stock selloff. Despite the negative financial results, retail performance showed strength with increased written sales, and the company declared a quarterly dividend of $0.242 per share.
Earnings call transcript: La-Z-Boy misses Q1 2027 estimates as shares slide
La-Z-Boy reported mixed fiscal first-quarter 2027 results, missing adjusted EPS and revenue estimates, which caused shares to fall over 16% in premarket trading. While retail sales showed improvement, weakness in wholesale and Joybird segments, along with higher supply-chain costs, negatively impacted performance. The company is actively investing in store growth, digital tools, and supply chain optimization, expecting these strategic initiatives to support future sales growth and margin expansion despite near-term headwinds.
La-Z-Boy Q1 2027 Earnings Call: Complete Transcript
La-Z-Boy reported a 16% increase in retail written sales and 3% growth in same-store sales for Q1 2027, driven by strong in-store execution and strategic retail expansion. Despite a 1% decrease in total delivered sales due to lower wholesale and Joybird performance, the company remains optimistic, emphasizing investments in retail, digital transformation, and supply chain optimization. The company returned $35 million to shareholders and ended the quarter with a strong balance sheet of $267 million in cash and no external debt, while future guidance anticipates cautious sales growth and continued strategic spending.
La-Z-Boy’s retail sales surge 16% as same-store sales turn positive
La-Z-Boy reported strong first-quarter fiscal 2027 results, with retail segment written sales increasing by 16% and written same-store sales rising 3%. The company saw improved operating margins, expanded its retail footprint, and returned $35 million to shareholders through share repurchases and dividends. Despite an uneven consumer environment, La-Z-Boy anticipates fiscal second-quarter sales to be between $500-$520 million, reflecting continued investment in its retail and wholesale businesses.
La-Z-Boy Announces First Quarter Financial Results
La-Z-Boy Incorporated reported first-quarter fiscal 2027 results, with total sales reaching $476 million, a 3% decrease year-over-year but a 1% decrease excluding a wholesale casegoods divestiture. The Retail segment showed strong growth with a 16% increase in written sales and 10% in delivered sales, while consolidated GAAP diluted EPS was $(0.06) and adjusted diluted EPS was $0.43. The company returned $35 million to shareholders and provided a second-quarter sales outlook of $500-$520 million.
La-Z-Boy FQ1 results miss expectations, sets FQ2 outlook below street view (LZB:NYSE)
La-Z-Boy (LZB) reported fiscal first-quarter results that missed analyst expectations and provided a fiscal second-quarter sales outlook below street estimates. This news led to a significant drop in the company's shares in after-hours trading. The company acknowledged an "uneven consumer environment" and stated its focus on driving future performance.
La-Z-Boy (NYSE:LZB) Announces Earnings Results
La-Z-Boy (NYSE:LZB) announced its latest earnings results, missing analyst expectations with an EPS of $0.43 against a $0.49 consensus and revenue of $475.69 million, below the $501.44 million forecast. Following the announcement, the company's shares dropped by 1.3% to $40.98. Despite the miss, analysts maintain a "Moderate Buy" rating with an average price target of $39.00, while insider selling and significant institutional ownership are also noted.
La-Z-Boy Q2 sales guidance misses $536.8M estimate
La-Z-Boy Inc. (NYSE: LZB) has issued Q2 sales guidance of $500 million to $520 million, which falls short of the analyst consensus estimate of $536.792 million. This lower-than-expected forecast suggests potential challenges related to consumer demand for home furnishings or ongoing supply chain issues. The company's previous fiscal fourth-quarter results had surpassed expectations, leading to a significant stock jump and a $300 million share repurchase program.
Earnings Flash (LZB) La-Z-Boy Incorporated Posts Q1 Adjusted EPS $0.43 per Share, vs. FactSet Est of $0.49
La-Z-Boy Incorporated (LZB) reported Q1 adjusted EPS of $0.43 per share, falling short of the FactSet estimate of $0.49. The company also reported Q1 revenue of $475.7 million, which was below the FactSet estimate of $501.4 million. Additionally, La-Z-Boy provided Q2 revenue guidance in the range of $500.0 million to $520.0 million.
La-Z-Boy: Fiscal Q1 Earnings Snapshot
This article provides a brief earnings snapshot for La-Z-Boy's fiscal first quarter. Due to the lack of content, specific financial details are not available.
LA-Z-BOY INC 2026: Revenue $475.69M, EPS ($0.06) — 10-Q Summary
LA-Z-BOY INC (LZB) reported its 2026 quarterly results, showing a revenue of $475.69 million, a decrease from the previous year. The company posted a net loss of $1.98 million, or diluted EPS of ($0.06), contrasting with a net income in the prior-year quarter. Despite a decline in consolidated sales, retail sales grew by approximately 10% year-over-year, driven by store acquisitions and new openings.
La-Z-Boy Reports $476 Million First-Quarter Sales and GAAP Loss
La-Z-Boy (NYSE: LZB) reported fiscal 2027 first-quarter sales of $475.7 million, a 3% decrease year-over-year, and a GAAP net loss of $2.3 million. Retail sales increased by 10% to $229 million, while wholesale sales declined by 9% to $323 million. The company expects fiscal second-quarter sales to be between $500 million and $520 million and also highlighted significant insider selling and institutional investment activity.
La-Z-Boy Incorporated Reports First Quarter Results; Retail Momentum With Positive Written Same-Store Sales
La-Z-Boy Incorporated reported its first-quarter fiscal 2027 results, highlighting strong retail segment performance with a 16% increase in written sales and 3% growth in written same-store sales. Despite a 3% decrease in consolidated sales to $476 million, primarily due to lower wholesale delivered sales, the company expanded its retail operating margin and returned $35 million to shareholders. La-Z-Boy also provided a second-quarter outlook, projecting sales between $500-$520 million, balancing retail momentum with a cautious macroeconomic view.
La-Z-Boy: Fiscal Q1 Earnings Snapshot
La-Z-Boy Inc. (LZB) reported a loss of $2.3 million, or 6 cents per share, in its fiscal first quarter. Adjusted earnings were 43 cents per share on revenue of $475.7 million. For the current quarter, the company anticipates revenue between $500 million and $520 million.
La-Z-Boy Incorporated Reports First Quarter Results; Retail Momentum With Positive Written Same-Store Sales
La-Z-Boy Incorporated reported its first-quarter fiscal 2027 results, highlighting strong retail momentum with a 16% increase in written sales and a 3% growth in written same-store sales. Despite a 3% decline in consolidated sales to $476 million, partly due to a wholesale casegoods divestiture, the company's retail segment saw improved GAAP and adjusted operating margins. La-Z-Boy returned $35 million to shareholders through repurchases and dividends and provided a second-quarter sales outlook of $500-$520 million.
La-Z-Boy earnings up next: Can furniture giant sustain momentum?
La-Z-Boy Incorporated is set to release its fiscal first-quarter earnings, with investors focused on whether the company can maintain momentum despite broader industry challenges like traffic headwinds and margin pressure. Analysts project earnings of $0.49 per share on revenue of $495.5 million, a decrease from the previous quarter's strong performance but typical for the first fiscal quarter. Key areas of investor interest include margin trajectory, the benefits of retail expansion, and how the company navigates industry traffic trends and promotional environments.
Home Depot Could Swing $14.6 Billion After Earnings
Ahead of earnings reports, Benzinga Pro analyzed options markets to identify potential stock swings for nine companies, with Home Depot (NYSE: HD) having the smallest implied move of 4.34%, representing a significant $14.6 billion market value. Other companies like Toll Brothers, Jack Henry & Associates, Keysight Technologies, Amer Sports, La-Z-Boy, Klarna Group, Mercury Systems, and Corporacion America Airports also show implied moves ranging from 5.29% to 19.50%, indicating substantial market value at stake for investors. The article details analyst expectations, stock performance, and market cap for each of these companies.
La-Z-Boy (LZB) Expected to Post Earnings on Tuesday
La-Z-Boy (LZB) is scheduled to release its Q1 fiscal 2027 earnings after market close on Tuesday, August 18th. Analysts anticipate earnings of $0.4933 per share on revenue of $501.44 million, with a conference call slated for August 19th. Despite previous strong earnings, the company faces a slight year-over-year revenue decline and a consensus "Moderate Buy" rating with a $39 average price target.
Precision Trading with La-z-boy Incorporated (LZB) Risk Zones
This article analyzes La-z-boy Incorporated (LZB) using AI models to provide precise trading strategies. It highlights key findings like strong near and mid-term sentiment, tested resistance, and an exceptional risk-reward short setup. The report details position trading, momentum breakout, and risk hedging strategies, along with multi-timeframe signal analysis for various holding periods.
Precision Trading with La-z-boy Incorporated (LZB) Risk Zones
This article provides a detailed analysis of La-z-boy Incorporated (LZB) using AI-generated trading strategies and risk zones. It highlights strong near and mid-term sentiment, resistance testing, and offers specific long, breakout, and short trading strategies with entry, target, and stop-loss levels. The analysis also includes multi-timeframe signal strength, support, and resistance levels for LZB.
La-Z-Boy (NYSE:LZB) Rating Lowered to "Hold" at Wall Street Zen
Wall Street Zen has downgraded La-Z-Boy (NYSE:LZB) from a "buy" to a "hold" rating, though Weiss Ratings upgraded it to "buy," maintaining an overall "Moderate Buy" consensus among analysts with a $39.00 target price. The company recently reported strong quarterly earnings of $1.26 per share, surpassing estimates, with revenue mostly in line. Despite positive earnings, there were significant insider stock sales by two executives, totaling over 66,000 shares, and institutional investors hold a substantial 99.62% of the company's stock.
La-Z-Boy Incorporated (LZB) Stock Forecasts
Argus has lowered its target price for La-Z-Boy Inc. (LZB) to $41.00, while the current price is $41.48. La-Z-Boy is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. The report provides a summary of the company and is part of premium research reports available for upgrade.
Pacer Advisors Inc. Grows Position in La-Z-Boy Incorporated $LZB
Pacer Advisors Inc. significantly increased its stake in La-Z-Boy Incorporated during the first quarter, adding 60,518 shares to bring its total holdings to 182,698 shares valued at $5.87 million. Other institutional investors like Franklin Resources and Goldman Sachs also boosted their positions, with hedge funds and institutions collectively owning 99.62% of the stock. Despite favorable analyst ratings and strong quarterly earnings, company insiders have sold shares worth approximately $2.7 million in the past 90 days.
Will La-Z-Boy’s (LZB) Kristin Juszczyk Collab and Custom Jer-Z-Boy Recliner Shift Its Brand Narrative
La-Z-Boy recently launched "The Jer-Z-Boy," a custom recliner created in collaboration with fashion figure Kristin Juszczyk, featuring team-inspired designs, a sweepstakes, and a Labor Day promotion. This partnership aims to connect La-Z-Boy with younger, sports-focused consumers and reinforce its brand as customizable and lifestyle-oriented. While the collaboration is a marketing win, it's unlikely to significantly alter near-term financial catalysts, with the company still facing challenges from consumer demand and margin pressures.
Will La-Z-Boy’s (LZB) Kristin Juszczyk Collab and Custom Jer-Z-Boy Recliner Shift Its Brand Narrative
La-Z-Boy recently collaborated with fashion and sports culture figure Kristin Juszczyk to launch "The Jer-Z-Boy," a custom recliner, alongside a fan sweepstakes and Labor Day promotion. This partnership aims to attract younger, sports-focused consumers and enhance La-Z-Boy's brand image as customizable and lifestyle-oriented, reinforcing its investment narrative around brand strength and customer engagement. While it's a marketing win, its impact on near-term sales or margin pressures is expected to be limited, with investors urged to consider how such promotions interact with rising discount pressure.
Will La-Z-Boy’s (LZB) Kristin Juszczyk Collab and Custom Jer-Z-Boy Recliner Shift Its Brand Narrative
La-Z-Boy recently launched "The Jer-Z-Boy," a custom recliner collaboration with fashion figure Kristin Juszczyk, aiming to connect with younger, sports-focused consumers and reinforce its brand as customizable and lifestyle-oriented. This partnership, alongside expanded 3D Cloud technology, is a marketing and customization win for La-Z-Boy, though it's unlikely to significantly alter near-term financial catalysts, with forecasts projecting $2.3 billion revenue and $140.0 million earnings by 2029. The article suggests this initiative could reinforce bullish views on the company's future while acknowledging ongoing risks from discount pressures.
La-Z-Boy sets an 8:30 a.m. investor call for Aug. 19
La-Z-Boy Incorporated (NYSE: LZB) will release its Fiscal 2027 first-quarter results after the NYSE close on Tuesday, August 18, 2026, for the period ended July 25, 2026. The company will host a quarterly investor conference call at 8:30 a.m. Eastern Time on Wednesday, August 19, 2026, with a live webcast available on its investor relations website. A telephone replay will also be available for two weeks following the call.
La-Z-Boy Incorporated Announces Timing of Fiscal 2027 First Quarter Earnings Release and Conference Call
La-Z-Boy Incorporated announced it will report its Fiscal 2027 First Quarter results on Tuesday, August 18, 2026, after market close, with an investor conference call scheduled for 8:30 a.m. Eastern Time on Wednesday, August 19, 2026. The call will be webcast live and a telephone replay will be available for two weeks. The company, a leading furniture retailer and manufacturer, provided details for accessing the webcast and conference call.
Empowered Funds LLC Invests $4.88 Million in La-Z-Boy Incorporated $LZB
Empowered Funds LLC has acquired a new position in La-Z-Boy Incorporated (NYSE:LZB) by purchasing 151,971 shares valued at approximately $4.88 million, representing a 0.37% stake in the company. La-Z-Boy recently reported strong quarterly earnings of $1.26 per share, surpassing analyst estimates, although revenue saw a slight year-over-year decline. Analyst sentiment remains moderately bullish with a consensus target price of $39.00, despite recent insider share sales totaling about $2.68 million.
Arrowstreet Capital Limited Partnership Sells 318,184 Shares of La-Z-Boy Incorporated $LZB
Arrowstreet Capital Limited Partnership reduced its stake in La-Z-Boy Incorporated by 61.4%, selling 318,184 shares. Despite this, institutional investors and hedge funds still hold 99.62% of the stock. Analysts have upgraded La-Z-Boy to a "Buy" rating, with a consensus price target of $39, following a strong earnings report where the company beat EPS estimates.
Access Investment Management LLC Acquires 93,630 Shares of La-Z-Boy Incorporated $LZB
Access Investment Management LLC significantly increased its stake in La-Z-Boy Incorporated by purchasing an additional 93,630 shares, bringing its total holding to 184,375 shares valued at approximately $5.9 million. This makes La-Z-Boy the 26th largest holding in Access Investment Management's portfolio. Despite some insider selling, institutional investors own nearly all of La-Z-Boy's outstanding stock, and analysts maintain a "Moderate Buy" rating with a target price of $39.00.
La-Z-Boy Inc (LZB) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of La-Z-Boy Inc (LZB), focusing on its stock price momentum, support and resistance levels, and insights from various technical indicators and moving averages. The current price momentum score is 3.06, suggesting the stock is trading within a range suitable for swing trading. Technical indicators show a mixed signal, with some indicating "Sell" and others "Buy" or "Neutral," while moving averages lean towards "Buy" signals.
LZB|La-Z-Boy Inc|Price:40.940|Chg%:-0.360
This article provides a comprehensive stock analysis of La-Z-Boy Inc (LZB), highlighting its relatively healthy fundamentals, high growth potential, and fair valuation within the Household Goods industry. It notes strong institutional ownership and a "Buy" rating from analysts with a target price of $46.00, suggesting a potential upward trend for the stock. The article also details the company's business segments, its strong dividend payment history, and offers a comparison with peers in the same industry.
La-Z-Boy Incorporated (NYSE:LZB) Given Consensus Rating of "Moderate Buy" by Brokerages
La-Z-Boy Incorporated (NYSE:LZB) has received a "Moderate Buy" consensus rating from five brokerages, with an average 12-month price target of $39.00. The stock recently traded down 0.9% to $40.55, following a quarter where earnings and revenue exceeded analyst expectations. Insiders have sold shares worth approximately $2.68 million recently, while institutional investors hold a significant 99.62% of the company's outstanding shares.
First Trust Advisors LP Sells 399,480 Shares of La-Z-Boy Incorporated $LZB
First Trust Advisors LP significantly reduced its stake in La-Z-Boy Incorporated (NYSE:LZB) by 40.7% in the first quarter, selling nearly 400,000 shares but still retaining over half a million shares worth $18.7 million. Despite this, institutional investors hold a substantial 99.62% of the company's stock. La-Z-Boy has received a "Moderate Buy" consensus rating from analysts with a $39 price target, and the company recently surpassed Q1 earnings expectations, reporting $1.26 EPS against a $0.82 consensus.
La-Z-Boy Inc (LZB) Financial Health: Profitability & Balance Sheet Analysis
This article analyzes the financial health of La-Z-Boy Inc (LZB), noting its current financial score of 7.26 and ranking 11 out of 22 in the Household Goods industry. While its financial status is stable, its operating efficiency is deemed average. The latest quarterly revenue showed a slight year-over-year decrease of 0.09%, and net profit significantly decreased by 122.85% year-over-year.
Principal Financial Group Inc. Sells 47,941 Shares of La-Z-Boy Incorporated $LZB
Principal Financial Group Inc. reduced its stake in La-Z-Boy by 19.3% in Q1 2026, selling 47,941 shares while retaining over 200,505 shares valued at $6.44 million. La-Z-Boy currently holds a "Moderate Buy" consensus rating from analysts with an average price target of $39.00, despite a slight year-over-year revenue decline and recent insider stock sales. Institutional investors own 99.62% of the company's stock.
La-Z-Boy Inc (LZB) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article provides a detailed revenue breakdown for La-Z-Boy Inc (LZB) by business segment. It highlights that upholstered furniture accounts for the largest proportion of revenue at 96.26%, followed by other, delivery, and casegoods furniture. The data is presented for various fiscal quarters and years, although regional revenue and profit contribution details were not disclosed.
LZB|La-Z-Boy Inc|Price:39.680|Chg%:+0.835
La-Z-Boy Inc. (LZB) is a vertically integrated furniture retailer and manufacturer trading at $39.680, up 2.15%. The company operates through Wholesale and Retail segments, manufacturing and selling upholstery furniture under various tradenames including La-Z-Boy, England, Kincaid, and Joybird. Key executives and major shareholders are listed, and the company's Upholstered Furniture business is its largest revenue source.
La-Z-Boy Incorporated Revenue Breakdown – NYSE:LZB
Last year, La-Z-Boy Incorporated generated $2.13 billion USD in revenue, with its Wholesale segment contributing the most at $1.04 billion USD, a slight decrease from the previous year. The majority of the company's revenue, $1.94 billion USD, came from the United States market.
La-Z-Boy Incorporated $LZB Shares Acquired by Systematic Financial Management LP
Systematic Financial Management LP increased its stake in La-Z-Boy Incorporated (NYSE:LZB) by 4.6% in the first quarter, now owning 591,840 shares valued at $19,022,000. Other institutional investors also adjusted their holdings in the company, which recently announced a quarterly dividend of $0.242. La-Z-Boy reported strong earnings for the quarter, surpassing analyst expectations.
La-Z-Boy expands 3D cloud tech for product imagery
La-Z-Boy has implemented new 3D cloud technology to generate custom product visualizations from its inventory, allowing customers to see accurate representations of products and configurations. This technology is expected to produce 16 million photorealistic images on demand in the coming years, streamlining operations and improving the shopping experience. The company is also integrating AI and room scanning alongside a broader four-year distribution overhaul and a focus on its North American upholstery business.
La-Z-Boy expands 3D cloud tech for product imagery
La-Z-Boy has implemented new 3D cloud technology to generate custom product visualizations from its inventory, which is expected to produce 16 million photorealistic images on demand in the coming years. This technology will streamline operations, allowing interior designers and at-home shoppers to better visualize products, and is part of a broader strategy to integrate AI and room scanning. The company is also focusing on its core North American upholstery business and optimizing its distribution network, following a recent sale of its wholesale casegoods divisions.
La-Z-Boy Names Colle McVoy Creative and Social Agency of Record
Colle McVoy has been named the creative and social agency of record for La-Z-Boy, expanding a partnership that began in 2023. The agency will now lead brand strategy, creative development, social strategy, and integrated brand storytelling as La-Z-Boy approaches its 100-year anniversary. This expanded role builds on successful past collaborations, including campaigns like "The Decliner" and "Ban Reclining," aimed at modernizing the brand for a new generation while preserving its legacy.
La-Z-Boy Deepens Partnership with Colle McVoy, Naming Agency Creative and Social AOR
La-Z-Boy has expanded its partnership with Colle McVoy, naming the agency its Creative and Social Agency of Record. This collaboration builds on nearly three years of successful initiatives, including award-winning campaigns, as La-Z-Boy approaches its 100-year anniversary and seeks to modernize its brand for a new generation. Colle McVoy will now lead brand strategy, creative, campaign development, and integrated storytelling, focusing heavily on social media engagement.
What La-Z-Boy (LZB)'s 3D Cloud Rollout Means For Its Omnichannel Investment Story
La-Z-Boy (LZB) has expanded its use of 3D Cloud technology to enhance its omnichannel shopping experience, providing highly customized product visualizations and streamlining internal image production. While this rollout is expected to improve merchandising efficiency and sales execution, it is seen as an incremental benefit rather than a significant shift in the company's investment narrative. The core challenges for La-Z-Boy remain stabilizing same-store sales and addressing ongoing retail margin pressure, as reflected in its recent full-year financial results.
La-Z-Boy West Florida Cuts the Ribbon on Newly Remodeled Lakeland Showroom
La-Z-Boy West Florida has opened a newly remodeled showroom in Lakeland, marking another investment in brick-and-mortar stores across the Tampa Bay region. The showroom aims to offer personalized design services to help customers create spaces tailored to their needs. Bethany Fife, Director of Marketing & Special Projects, highlighted the company's commitment to local staffing and complimentary design consultations.
