James P. Hackett
On June 18, 2025, James P. Hackett informed La-Z-Boy Incorporated (the “Company”) that he will not be standing for re-election at the Company’s upcoming 2025 Annual Meeting of Shareholders.
Highest-materiality recent filing
La-Z-Boy Q4 adjusted EPS $1.26 beats $0.92 YoY; sales flat at $570M; new $300M buyback
GAAP diluted EPS $0.81 vs $0.36; adjusted EPS $1.26 vs $0.92; includes $0.16 favorable discrete tax items.
GAAP EPS $0.52; adjusted EPS $0.61; adjusted operating margin 6.1%.
La-Z-Boy elects Cavco CEO William Boor to its Board of Directors
William C. Boor, President and CEO of Cavco Industries (NASDAQ: CVCO), elected to La-Z-Boy Board effective December 8, 2025.
Q2 sales $522M (+0.3% YoY); GAAP EPS $0.70, adjusted EPS $0.71 (flat YoY).
La-Z-Boy realigns leadership; Linz to Wholesale Brands, Sundy to Retail
Tj Linz appointed President, Wholesale Brands, overseeing merchandising, wholesale sales, and digital transformation.
La-Z-Boy annual meeting: all directors elected, auditor ratified, say-on-pay passes
All nine director nominees elected; Lauren B. Peters had highest withheld votes at 2.56M.
La-Z-Boy Q1 GAAP EPS $0.44, down 28% YoY; sales $492M, down 1%
GAAP diluted EPS $0.44 vs $0.61; adjusted EPS $0.47 vs $0.62; sales $492M, down 1% YoY.
La-Z-Boy to acquire 15-store network in Southeast; updates Q1 outlook to low end
Acquires 15 La-Z-Boy Furniture Galleries stores in GA, FL, TN with ~$80M annual sales; expected close late October 2025.
La-Z-Boy amends credit facility: maturity extended to 2030, covenants eased
Extended credit facility maturity from October 2026 to July 2030.
Director James P. Hackett to not stand for re-election at La-Z-Boy 2025 Annual Meeting
James P. Hackett informed La-Z-Boy on June 18, 2025, he will not stand for re-election.
La-Z-Boy Q4 sales $571M (+3% YoY); adj. EPS $0.92 near flat; FY adj. EPS $2.92; raises dividend 10%
Q4 GAAP diluted EPS $0.36, adjusted $0.92 (incl. $0.10 tax headwind); GAAP operating margin 5.2%, adjusted 9.4% flat YoY.
La-Z-Boy Q3 EPS $0.68 on $522M sales (+4% YoY); Q4 guidance $545-565M
GAAP and Non-GAAP diluted EPS $0.68, up 3% YoY; operating margin 6.7% GAAP, 6.8% Non-GAAP (+20 bps).
La-Z-Boy appoints Matthew Baer to Nominating and Governance Committee
Matthew Baer, elected to board effective Jan 1, 2025, now assigned to Nominating and Governance Committee.
La-Z-Boy CEO Melinda Whittington elected Chair; Michael Lawton returns to Lead Director
Melinda Whittington, President and CEO since 2021, elected Chair of the Board effective Dec 11, 2024.
La-Z-Boy Q2 sales $521M (+2% YoY), EPS $0.71; dividend raised 10% to $0.22
Consolidated sales $521M (+2% YoY); GAAP & Non-GAAP diluted EPS $0.71.
La-Z-Boy CFO Bob Lucian to retire April 2025; Taylor Luebke named successor effective Jan 1, 2025
CFO Bob Lucian to retire effective April 26, 2025; will remain through FY to assist transition.
La-Z-Boy appoints Stitch Fix CEO Matt Baer to Board, effective Jan 1, 2025
Matt Baer, CEO of Stitch Fix (SFIX), appointed to La-Z-Boy Board as independent director.
La-Z-Boy shareholders approve 2024 Omnibus Incentive Plan; all directors re-elected
Shareholders approved 2024 Omnibus Incentive Plan, authorizing 3,090,000 shares for future equity grants.
La-Z-Boy Q1 sales up 3% to $496M, EPS $0.61; cash flow doubles to $52M
Non-GAAP EPS $0.62, flat YoY; GAAP operating margin 6.5% vs 7.2%.
La-Z-Boy Q4 GAAP EPS $0.91 (up 15% YoY); guides Q1 sales $475-495M
Q4 sales $554M (down 1% YoY but up 22% vs pre-pandemic Q4 FY19); Non-GAAP EPS $0.95.
La-Z-Boy Q3 sales $500M, down 13% YoY; GAAP EPS $0.66, non-GAAP $0.67
Consolidated sales $500M (-13% YoY); GAAP EPS $0.66 vs $0.74; non-GAAP EPS $0.67 vs $0.91.
La-Z-Boy Q2 beats guidance; dividend up 10%; same-store written sales +1%
GAAP diluted EPS $0.63; Non-GAAP diluted EPS $0.74; sales $511M (-16% YoY) at high end of guidance.
La-Z-Boy shareholders elect all 10 directors, approve say on pay and auditor ratification
All 10 director nominees elected; James Hackett had lowest support (34.1M for, 3.2M withheld).
La-Z-Boy Q1 sales down 20% to $482M, EPS $0.63; Q2 outlook $490-$510M
GAAP diluted EPS $0.63 vs $0.89 YoY; non-GAAP $0.62 vs $0.91.
La-Z-Boy appoints Raza Haider to Board of Directors
Raza S. Haider elected to board effective June 27, 2023; term expires at 2023 annual meeting.
La-Z-Boy reports record FY2023 non-GAAP EPS $3.86; Q4 EPS $0.99
Full-year non-GAAP EPS $3.86 (record), up 24%; GAAP EPS $3.48, up 3%. Revenue $2.35B, flat YoY.
La-Z-Boy appoints Energizer CEO Mark LaVigne to Board of Directors
Mark LaVigne, President and CEO of Energizer Holdings, appointed to La-Z-Boy Board effective Feb 28, 2023.
La-Z-Boy Q3 EPS $0.91 non-GAAP, up 40% YoY; retail operating margin record 17.6%
Consolidated sales $573M (flat YoY); GAAP EPS $0.74 (+14%), non-GAAP EPS $0.91 (+40%).
La-Z-Boy Portfolio Brands President Otis Sawyer to retire; Tj Linz named successor
Otis Sawyer, President of La-Z-Boy Portfolio Brands, plans to retire on June 30, 2023 after 29 years.
La-Z-Boy posts record Q2 sales $611M, EPS $1.07; guides Q3 sales $525-535M; raises dividend 10%
GAAP EPS $1.07 (+20% YoY), revenue $611M (+6%), both record second-quarter results.
La-Z-Boy shareholders approve 2022 Omnibus Incentive Plan and board adopts amended bylaws
Shareholders approved 2022 Omnibus Incentive Plan authorizing 2,775,000 common shares for awards.
La-Z-Boy posts Q1 record sales $604M, EPS $0.89; guides Q2 sales up 2-5%
Consolidated sales $604M (+15% YoY), GAAP EPS $0.89 (+65%); non-GAAP EPS $0.91.
La-Z-Boy finalizes Newton, MS upholstery plant closure effective Sept 16; 180 jobs affected
Closure effective Sept. 16, 2022; facility accounts for <5% of La-Z-Boy branded upholstery production.
La-Z-Boy posts record Q4 sales $685M (+32%), GAAP EPS $1.33 vs $0.81
Q4 consolidated sales $685M (+32% YoY); GAAP EPS $1.33 vs $0.81; non-GAAP EPS $1.07 vs $0.87.
Darrell Edwards to retire after 18 years; will serve as COO through April 30, 2022, then advisory role until July 2022.
La-Z-Boy Q3 sales +22% to $572M, EPS $0.65; supply chain hurts margins
Consolidated sales $572M (+22% YoY); GAAP diluted EPS $0.65 vs $0.62 YoY; non-GAAP EPS $0.65 vs $0.74.
Effective December 1, 2021, Erika L. Alexander was appointed to the Compensation and Talent Management Committee and the Nominating and Governance Committee of the Board.
La-Z-Boy reports record Q2 sales $576M (+25% YoY); raises dividend 10%
Consolidated sales $576M, +25% YoY; GAAP EPS $0.89 vs $0.75; non-GAAP EPS $0.85 vs $0.82.
La-Z-Boy elects Erika Alexander to Board of Directors effective Oct 25, 2021
Erika Alexander, Chief Global Officer of Global Operations at Marriott International, appointed to Board as independent director.
La-Z-Boy enters $200M unsecured credit facility, replaces prior agreement, matures Oct 2026
New $200M revolving credit facility with $50M letter of credit sub-limit; unused at signing.
La-Z-Boy reports 2021 annual meeting results; all director nominees elected
All 11 director nominees elected; highest votes for James P. Hackett with 38,949,660 for, 126,275 withheld.
La-Z-Boy reports record Q1 sales $524.8M (+84%); EPS $0.54; boosts buyback authorization
Consolidated sales $524.8M (+84% YoY); GAAP EPS $0.54 vs $0.10; non-GAAP EPS $0.55 vs $0.18.
On June 18, 2025, James P. Hackett informed La-Z-Boy Incorporated (the “Company”) that he will not be standing for re-election at the Company’s upcoming 2025 Annual Meeting of Shareholders.
the Board of Directors of the Company elected Taylor E. Luebke to succeed Mr. Lucian as Senior Vice President and Chief Financial Officer of the Company, effective January 1, 2025.
Robert G. Lucian, Senior Vice President and Chief Financial Officer, informed La-Z-Boy Incorporated (the “Company”) of his planned retirement from the Company at the end of the fiscal year, effective April 26, 2025.
On September 16 , 2024, the Board of Directors (the “Board”) of La-Z-Boy Incorporated (the “Company”) elected Matthew Baer to the Board, effective January 1, 2025.
On June 27, 2023, the Board of Directors (the “Board”) of La-Z-Boy Incorporated (the “Company”) elected Raza S. Haider to the Board for a term that will expire at the annual meeting of shareholders in 2023.
On February 28, 2023, the Board of Directors (the “Board”) of La-Z-Boy Incorporated (the “Company”) elected Mark S. LaVigne to the Board for a term that will expire at the annual meeting of shareholders in 2023.
On December 4, 2022, Otis S. Sawyer, Senior Vice President and President, La-Z-Boy Portfolio Brands, informed La-Z-Boy Incorporated (the “Company”) of his intent to retire from the Company as of June 30, 2023.
On February 24, 2022, Darrell D. Edwards, Senior Vice President and Chief Operating Officer of La-Z-Boy Incorporated (the “Company”), informed the Company of his intent to retire from the Company as of July 2022.
On October 25, 2021, the Board of Directors (the “Board”) of La-Z-Boy Incorporated (the “Company”) elected Erika L. Alexander to the Board for a term that will expire at the annual meeting of shareholders in 2022.
Max materiality 0.80 · Median 0.65 · Most common event earnings