La-Z-Boy Q3 EPS $0.91 non-GAAP, up 40% YoY; retail operating margin record 17.6%

LA-Z-BOY INC

2023-Q3 EPS reported $2.70 revenue$1,788,146,000

Consolidated sales $573M (flat YoY); GAAP EPS $0.74 (+14%), non-GAAP EPS $0.91 (+40%).
Retail segment sales +27% to $251M; operating margin record 17.6% (+540 bps).
Written same-store sales +3% for Retail; delivered same-store sales +23%.
Q4 guidance: sales $525M-$545M, non-GAAP operating margin 7%-9%.
Cash from operations $96M in Q3; quarterly dividend $0.1815/share declared.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.92

LA-Z-BOY INC reported the fiscal quarter ended January 28, 2023 results: revenue $572,723, net income $31,726, EPS $0.74.

Period: the fiscal quarter ended January 28, 2023
Revenue: $572,723
Net income: $31,726
EPS: $0.74
Result: reported results

Exact text from the filing

will emerge stronger and capture increased market share." Key Results: Quarter Ended (Unaudited, amounts in thousands, except per share data) 1/28/2023 1/22/2022 Change Sales $ 572,723 $ 571,573 0.2% GAAP operating income 42,840 39,487 8% Non-GAAP operating income 53,178 39,745 34% GAAP operating margin 7.5% 6.9% 60 bps Non-GAAP operating margin 9.3% 7.0% 230

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

LA-Z-BOY INC filing history →

Source: SEC EDGAR

accession 0000057131-23-000009

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.