{"schema_version":"secwatch.filing_event.v1","accession":"0000057131-26-000018","form_type":"8-K","ticker":"LZB","cik":"0000057131","company_name":"LA-Z-BOY INC","filed_at":"2026-06-16T20:16:10+00:00","discovered_at":"2026-06-16T20:17:00.373583+00:00","generated_at":"2026-06-16T20:19:24.250148+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"La-Z-Boy Q4 adjusted EPS $1.26 beats $0.92 YoY; sales flat at $570M; new $300M buyback","bullets":["GAAP diluted EPS $0.81 vs $0.36; adjusted EPS $1.26 vs $0.92; includes $0.16 favorable discrete tax items.","Retail segment written sales +11% YoY; delivered sales +9% to $270M; added 4 company-owned stores.","Adjusted operating margin 9.9% vs 9.4% YoY; consolidated sales flat at $570M.","Completed strategic exit of American Drew/Kincaid casegoods businesses; finalized U.K. supply chain restructuring.","Board approved new $300M share repurchase program; Q1 FY27 sales guidance $490-510M, adjusted operating margin 4.0-5.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0000057131-26-000018","json":"https://secwatch.observer/filing/0000057131-26-000018.json","markdown":"https://secwatch.observer/filing/0000057131-26-000018.md","text":"https://secwatch.observer/filing/0000057131-26-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/57131/000005713126000018/0000057131-26-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/57131/000005713126000018/lzb-20260616.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T20:19:24.250148+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"04e29c6e03036744f7cb87ca16f50fd706e6ffed","claim":"LA-Z-BOY INC reported Fiscal 2026 results: revenue $2.1 billion, EPS $2.47. Guidance initiated.","evidence_excerpt":"• Delivered consolidated sales of $2.1 billion, up 1% versus prior year • Retail segment written sales increased 8% and delivered sales increased 6% – Added 15 newly opened stores and acquired 15 independent La-Z-Boy stores (both the largest annual expansions in company history) • Wholesale segment delivered sales were flat while delivering adjusted (1) operating margin improvement • GAAP operating margin of 6.1% and adjusted (1) operating margin of 7.1% • GAAP diluted EPS of $2.47 and adjusted (1) diluted EPS of $3.04","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/57131/000005713126000018/0000057131-26-000018-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal 2026"},{"label":"Revenue","value":"$2.1 billion"},{"label":"EPS","value":"$2.47"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"552a858b72e09ef9b089634440e876ab1821fc75","claim":"LA-Z-BOY INC reported the fiscal quarter ended April 25, 2026 results: revenue $570 million, EPS $0.81. Guidance initiated.","evidence_excerpt":"For the quarter, sales totaled $570 million, flat against the prior year comparable period. Operating margin improved to 7.2% for the quarter on a GAAP basis and 9.9% on an adjusted (1) basis. Diluted earnings per share totaled $0.81 on a GAAP basis and $1.26 on an adjusted (1) basis, both including a $0.16 impact from favorable discrete tax items.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/57131/000005713126000018/0000057131-26-000018-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended April 25, 2026"},{"label":"Revenue","value":"$570 million"},{"label":"EPS","value":"$0.81"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}