secwatch.observer — SEC 8-K summary
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Issuer:     LA-Z-BOY INC (LZB)
CIK:        0000057131
Form:       8-K
Filed at:   2022-08-23T23:59:59+00:00
Accession:  0000057131-22-000077
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 Q1 record sales $604M, EPS $0.89; guides Q2 sales up 2-5%
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57131/000005713122000077/0000057131-22-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57131/000005713122000077/lzb20220730earningspressre.htm
  HTML page:      https://secwatch.observer/filing/0000057131-22-000077

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