secwatch.observer — SEC 8-K summary
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Issuer:     LA-Z-BOY INC (LZB)
CIK:        0000057131
Form:       8-K
Filed at:   2022-07-18T23:59:59+00:00
Accession:  0000057131-22-000061
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La-Z-Boy finalizes Newton, MS upholstery plant closure effective Sept 16; 180 jobs affected
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- Closure effective Sept. 16, 2022; facility accounts for <5% of La-Z-Boy branded upholstery production.
- Approximately 180 employees affected; ~235 employees in Newton internal supply remain.
- Originally announced for closure in June 2020 due to COVID; temporarily re-activated in Oct 2020.
- Company added capacity and rebalanced across >5M sq ft of North American manufacturing space.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57131/000005713122000061/0000057131-22-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57131/000005713122000061/lzb-20220718.htm
  HTML page:      https://secwatch.observer/filing/0000057131-22-000061

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