---
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"
generated_at: "2026-06-16T20:19:24.250148+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# La-Z-Boy Q4 adjusted EPS $1.26 beats $0.92 YoY; sales flat at $570M; new $300M buyback

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057131-26-000018
- JSON: https://secwatch.observer/filing/0000057131-26-000018.json
- Plain text: https://secwatch.observer/filing/0000057131-26-000018.txt

## Key facts
- Earnings Releases
  LA-Z-BOY INC reported Fiscal 2026 results: revenue $2.1 billion, EPS $2.47. Guidance initiated.
  - Period: Fiscal 2026
  - Revenue: $2.1 billion
  - EPS: $2.47
  - Guidance: initiated
  - Result: reported results
  source text: • 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_url: https://www.sec.gov/Archives/edgar/data/57131/000005713126000018/0000057131-26-000018-index.htm
- Earnings Releases
  LA-Z-BOY INC reported the fiscal quarter ended April 25, 2026 results: revenue $570 million, EPS $0.81. Guidance initiated.
  - Period: the fiscal quarter ended April 25, 2026
  - Revenue: $570 million
  - EPS: $0.81
  - Guidance: initiated
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/57131/000005713126000018/0000057131-26-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.