earnings
confidence high
sentiment positive
materiality 0.75
La-Z-Boy Q3 sales up 4% to $542M; retail written sales +11%; adj. EPS $0.61 vs $0.68; guides Q4 above
LA-Z-BOY INC
2026-Q3 EPS reported
$1.65
revenue$1,556,297,000
- GAAP EPS $0.52; adjusted EPS $0.61; adjusted operating margin 6.1%.
- Retail segment delivered sales +11%; same-store written sales -4%.
- Operating cash flow $89M (+57% YoY).
- Q4 guidance: sales $560-580M, adjusted operating margin 7.5-9.0%.
- Completed sale of Kincaid upholstery; signed LOI to sell casegoods businesses.
item 2.02item 7.01item 9.01