---
schema_version: "secwatch.filing_event.v1"
accession: "0000057131-21-000098"
form_type: "8-K"
ticker: "LZB"
cik: "0000057131"
company_name: "LA-Z-BOY INC"
filed_at: "2021-08-17T23:59:59+00:00"
generated_at: "2026-06-29T09:41:14.897103+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# La-Z-Boy reports record Q1 sales $524.8M (+84%); EPS $0.54; boosts buyback authorization

## Summary
- Consolidated sales $524.8M (+84% YoY); GAAP EPS $0.54 vs $0.10; non-GAAP EPS $0.55 vs $0.18.
- Wholesale segment sales $393.5M (+76% YoY); non-GAAP operating margin 4.7% vs 9.4% on cost pressures.
- Retail delivered sales $181.8M (+100% YoY); non-GAAP operating margin 11.2% vs -6.8%.
- Joybird delivered sales $38.7M (+188% YoY); written sales +31%.
- Board increased share repurchase authorization by 6.5M to 9M shares (~$320M); $0.15 quarterly dividend declared.

## SEC filing metadata
- accession: 0000057131-21-000098
- form_type: 8-K
- ticker: LZB
- cik: 0000057131
- company_name: LA-Z-BOY INC
- filed_at: 2021-08-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57131/000005713121000098/0000057131-21-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57131/000005713121000098/lzb-20210817.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057131-21-000098
- JSON: https://secwatch.observer/filing/0000057131-21-000098.json
- Plain text: https://secwatch.observer/filing/0000057131-21-000098.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.