secwatch.observer — SEC 8-K summary
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Issuer:     LA-Z-BOY INC (LZB)
CIK:        0000057131
Form:       8-K
Filed at:   2026-06-16T20:16:10+00:00
Accession:  0000057131-26-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57131/000005713126000018/0000057131-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57131/000005713126000018/lzb-20260616.htm
  HTML page:      https://secwatch.observer/filing/0000057131-26-000018

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