secwatch.observer — SEC 8-K summary
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Issuer:     LA-Z-BOY INC (LZB)
CIK:        0000057131
Form:       8-K
Filed at:   2026-08-18T20:16:32+00:00
Accession:  0000057131-26-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La-Z-Boy Q1 FY27: GAAP EPS -$0.06, adj EPS $0.43; retail written sales +16%
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- Sales $475.7M, down 3% YoY; ex-casegoods divestiture down 1%; GAAP op margin -0.4%, adj 3.9%.
- Retail delivered sales +10% to $229M; written same-store sales +3%, 500bps sequential improvement.
- Wholesale sales -9% to $323M (down 5% ex-divestiture); Joybird written sales -17%.
- Q2 FY27 guidance: sales $500-520M, adj op margin 4.0-5.5%; dividend $0.242/share payable 9/15/26.
- Returned $34.8M to shareholders (repurchases $25.1M, dividends $9.7M); cash $267M, no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57131/000005713126000034/0000057131-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57131/000005713126000034/lzb-20260818.htm
  HTML page:      https://secwatch.observer/filing/0000057131-26-000034

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