---
schema_version: "secwatch.filing_event.v1"
accession: "0000057131-23-000009"
form_type: "8-K"
ticker: "LZB"
cik: "0000057131"
company_name: "LA-Z-BOY INC"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:25:59.374470+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000057131-23-000009
- form_type: 8-K
- ticker: LZB
- cik: 0000057131
- company_name: LA-Z-BOY INC
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57131/000005713123000009/0000057131-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57131/000005713123000009/lzb-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057131-23-000009
- JSON: https://secwatch.observer/filing/0000057131-23-000009.json
- Plain text: https://secwatch.observer/filing/0000057131-23-000009.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/57131/000005713123000009/0000057131-23-000009-index.htm

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