secwatch.observer — SEC 8-K summary
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Issuer:     LA-Z-BOY INC (LZB)
CIK:        0000057131
Form:       8-K
Filed at:   2022-06-21T23:59:59+00:00
Accession:  0000057131-22-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La-Z-Boy posts record Q4 sales $685M (+32%), GAAP EPS $1.33 vs $0.81
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- Q4 consolidated sales $685M (+32% YoY); GAAP EPS $1.33 vs $0.81; non-GAAP EPS $1.07 vs $0.87.
- Full-year sales $2.4B (+36%); GAAP EPS $3.39 vs $2.30; returned $118M via buybacks and dividends.
- Retail delivered sales $233M (+20%), same-store written sales -9% reflecting consumer headwinds.
- Joybird delivered sales $53M (+40%); Wholesale segment sales $513M (+34%).
- Q1 FY2023 guidance: sales $560-575M (+7-10% YoY), non-GAAP operating margin 6.5-7.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57131/000005713122000030/0000057131-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57131/000005713122000030/lzb20220430earningspressre.htm
  HTML page:      https://secwatch.observer/filing/0000057131-22-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer