secwatch.observer — SEC 8-K summary
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Issuer:     LA-Z-BOY INC (LZB)
CIK:        0000057131
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0000057131-24-000080
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La-Z-Boy Q1 sales up 3% to $496M, EPS $0.61; cash flow doubles to $52M
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- Non-GAAP EPS $0.62, flat YoY; GAAP operating margin 6.5% vs 7.2%.
- Wholesale segment sales +5%; Retail delivered sales -3%, written same-store -3%.
- Operating cash flow $52M, double prior year; free cash flow $36.7M.
- Q2 guidance: sales $495-515M, Non-GAAP operating margin 6-7%.
- Quarterly dividend $0.20/share, payable Sept 16 to holders of record Sept 5.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57131/000005713124000080/0000057131-24-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57131/000005713124000080/lzb-20240820.htm
  HTML page:      https://secwatch.observer/filing/0000057131-24-000080

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