---
schema_version: "secwatch.filing_event.v1"
accession: "0000057131-22-000077"
form_type: "8-K"
ticker: "LZB"
cik: "0000057131"
company_name: "LA-Z-BOY INC"
filed_at: "2022-08-23T23:59:59+00:00"
generated_at: "2026-06-23T22:05:41.412483+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# La-Z-Boy posts Q1 record sales $604M, EPS $0.89; guides Q2 sales up 2-5%

## Summary
- Consolidated sales $604M (+15% YoY), GAAP EPS $0.89 (+65%); non-GAAP EPS $0.91.
- Retail segment delivered sales record $236M (+30%), non-GAAP operating margin 16.2%.
- Wholesale segment sales $442M (+12%), operating margin 6.1% vs 4.7% prior year.
- Free cash flow $12.1M vs ($13.2M) prior year; cash $238M, no debt.
- Q2 FY23 guidance: delivered sales +2-5% YoY (~$590-605M), non-GAAP OM 8.0-8.5%.

## SEC filing metadata
- accession: 0000057131-22-000077
- form_type: 8-K
- ticker: LZB
- cik: 0000057131
- company_name: LA-Z-BOY INC
- filed_at: 2022-08-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57131/000005713122000077/0000057131-22-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57131/000005713122000077/lzb20220730earningspressre.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057131-22-000077
- JSON: https://secwatch.observer/filing/0000057131-22-000077.json
- Plain text: https://secwatch.observer/filing/0000057131-22-000077.txt

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