{"schema_version":"secwatch.filing_event.v1","accession":"0000057131-23-000116","form_type":"8-K","ticker":"LZB","cik":"0000057131","company_name":"LA-Z-BOY INC","filed_at":"2023-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.392461+00:00","generated_at":"2026-06-11T05:51:26.694080+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"La-Z-Boy Q1 sales down 20% to $482M, EPS $0.63; Q2 outlook $490-$510M","bullets":["GAAP diluted EPS $0.63 vs $0.89 YoY; non-GAAP $0.62 vs $0.91.","Consolidated sales $482M, down 20% YoY, on lower volume vs elevated pandemic backlog.","Owned Retail written same-store sales +2%; total written sales +8% from new/acquired stores.","Resumed share buybacks with $10M repurchases; quarterly dividend unchanged at $0.1815/share.","Q2 guidance: sales $490-$510M, operating margin 6.5%-7.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0000057131-23-000116","json":"https://secwatch.observer/filing/0000057131-23-000116.json","markdown":"https://secwatch.observer/filing/0000057131-23-000116.md","text":"https://secwatch.observer/filing/0000057131-23-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/57131/000005713123000116/0000057131-23-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/57131/000005713123000116/lzb-20230822.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T05:51:26.694080+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9043d9ccfaf8ffc654524f1261bbaa22434c3ba0","claim":"LA-Z-BOY INC reported second quarter of fiscal 2024 results: revenue $490-$510 million. Guidance initiated.","evidence_excerpt":"we expect fiscal second quarter sales to be in the range of $490-$510 million and operating margin (3) to be in the range of 6.5%-7.5%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/57131/000005713123000116/0000057131-23-000116-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of fiscal 2024"},{"label":"Revenue","value":"$490-$510 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"91fbacedad850f6688d1689d4014fb997cd58181","claim":"LA-Z-BOY INC reported the fiscal quarter ended July 29, 2023 results: revenue $482 million, EPS $0.63.","evidence_excerpt":"(NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today reported first quarter results for the period ended July 29, 2023. Sales totaled $482 million, in line with guidance of $470 to $490 million, and a decrease of 20% against a year ago period that benefited from delivery of pandemic related backlog. Company owned Retail","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/57131/000005713123000116/0000057131-23-000116-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended July 29, 2023"},{"label":"Revenue","value":"$482 million"},{"label":"EPS","value":"$0.63"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}