secwatch.observer — SEC 8-K summary
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Issuer:     LA-Z-BOY INC (LZB)
CIK:        0000057131
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0000057131-24-000109
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La-Z-Boy Q2 sales $521M (+2% YoY), EPS $0.71; dividend raised 10% to $0.22
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- Consolidated sales $521M (+2% YoY); GAAP & Non-GAAP diluted EPS $0.71.
- Retail segment delivered sales +3% to $222M; written sales +6% (same-store -1%).
- Board increased quarterly dividend 10% to $0.22 per share.
- Q3 guidance: sales $505-525M (1-5% YoY), Non-GAAP operating margin 6-7%.
- Returned $70M to shareholders YTD (nearly double prior year); cash $303M, no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57131/000005713124000109/0000057131-24-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57131/000005713124000109/lzb-20241119.htm
  HTML page:      https://secwatch.observer/filing/0000057131-24-000109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer