---
schema_version: "secwatch.filing_event.v1"
accession: "0000057131-24-000027"
form_type: "8-K"
ticker: "LZB"
cik: "0000057131"
company_name: "LA-Z-BOY INC"
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:11:58.914872+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# La-Z-Boy Q4 GAAP EPS $0.91 (up 15% YoY); guides Q1 sales $475-495M

## Summary
- Q4 sales $554M (down 1% YoY but up 22% vs pre-pandemic Q4 FY19); Non-GAAP EPS $0.95.
- Full-year sales $2.05B (down 13% YoY); op cash flow $158M; cash $341M, no debt.
- Q1 FY25 guidance: sales $475-495M, Non-GAAP op margin 6-7%; expects modest FY growth despite industry down 5%.
- Retail same-store written sales down 5%; added 17 stores in FY24, plans 12-15 new stores in FY25.
- Returned $85M to shareholders ($53M buybacks, $33M dividends); dividend raised 10% in Q3.

## SEC filing metadata
- accession: 0000057131-24-000027
- form_type: 8-K
- ticker: LZB
- cik: 0000057131
- company_name: LA-Z-BOY INC
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/57131/000005713124000027/0000057131-24-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57131/000005713124000027/lzb-20240617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057131-24-000027
- JSON: https://secwatch.observer/filing/0000057131-24-000027.json
- Plain text: https://secwatch.observer/filing/0000057131-24-000027.txt

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