---
schema_version: "secwatch.filing_event.v1"
accession: "0000057131-22-000112"
form_type: "8-K"
ticker: "LZB"
cik: "0000057131"
company_name: "LA-Z-BOY INC"
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:54:03.790101+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# La-Z-Boy posts record Q2 sales $611M, EPS $1.07; guides Q3 sales $525-535M; raises dividend 10%

## Summary
- GAAP EPS $1.07 (+20% YoY), revenue $611M (+6%), both record second-quarter results.
- Retail segment sales record $252M (+31%), same-store written sales down 10% due to weaker demand.
- Board raises quarterly dividend 10% to $0.1815/share; payable Dec 20 to holders of record Dec 12.
- Q3 guidance: delivered sales $525-535M, non-GAAP op margin 7.0-7.5%, citing demand headwinds.
- Ended quarter with $208M cash, no debt; YTD returned $19M to shareholders via dividends and buybacks.

## SEC filing metadata
- accession: 0000057131-22-000112
- form_type: 8-K
- ticker: LZB
- cik: 0000057131
- company_name: LA-Z-BOY INC
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/57131/000005713122000112/0000057131-22-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57131/000005713122000112/lzb-20221130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057131-22-000112
- JSON: https://secwatch.observer/filing/0000057131-22-000112.json
- Plain text: https://secwatch.observer/filing/0000057131-22-000112.txt

## Key facts
- Earnings Releases
  LA-Z-BOY INC reported the fiscal quarter ended October 29, 2022 results: revenue $ 611,332, net income 46,077, EPS $ 1.07.
  - Period: the fiscal quarter ended October 29, 2022
  - Revenue: $ 611,332
  - Net income: 46,077
  - EPS: $ 1.07
  - Result: reported results
  source text: Key Results: Quarter Ended (Unaudited, amounts in thousands, except per share data) 10/29/2022 10/23/2021 Change Sales $ 611,332 $ 575,889 6% GAAP operating income 61,883 54,113 14% Non-GAAP operating income 61,146 51,595 19% GAAP operating margin 10.1% 9.4% 70 bps Non-GAAP operating margin 10.0% 9.0% 100 bps GAAP net income attributable to La-Z-Boy Incorporated 46,077 39,516 17% Non-GAAP net income attributable to La-Z-Boy Incorporated 45,357 37,896 20% Diluted weighted average common shares 43,182 44,423 GAAP diluted earnings per share $ 1.07 $ 0.89 20% Non-GAAP diluted earnings per share $ 1.05 $ 0.85 24%
  evidence_url: https://www.sec.gov/Archives/edgar/data/57131/000005713122000112/0000057131-22-000112-index.htm

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