secwatch.observer — SEC 8-K summary
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Issuer:     LA-Z-BOY INC (LZB)
CIK:        0000057131
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0000057131-25-000096
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La-Z-Boy posts Q2 sales $522M, EPS flat at $0.71; completes 15-store acquisition and raises dividend 10%
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- Q2 sales $522M (+0.3% YoY); GAAP EPS $0.70, adjusted EPS $0.71 (flat YoY).
- Retail written sales +4%; same-store sales -2% (sequential improvement); opened 15 stores in 12 months.
- Wholesale sales +2% to $369M; operating margin 7.9% GAAP (8.1% adjusted) with 160bps warranty benefit.
- Completed 15-store acquisition (est. $80M annual Retail sales); announced exit of non-core casegoods/upholstery and UK plant closure.
- Dividend raised 10% to $0.242/share (5th yr double-digit increase); Q3 guidance sales $525-545M, adj. op. margin 5.0-6.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57131/000005713125000096/0000057131-25-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57131/000005713125000096/lzb-20251118.htm
  HTML page:      https://secwatch.observer/filing/0000057131-25-000096

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