LZB

Key Highlights: La-Z-Boy Incorporated announces the successful completion of its acquisition of two La-Z-Boy stores in New Orleans, LA Over the last 12 months through Fiscal 2027 Q1, the company has added an impressive 32 new company-owned stores including 14 new and 18 acquired The company expects to open ~10 new stores per year, with the majority company owned, toward its long-term target of 450 total La-Z-Boy stores across the U.S. and Canada MONROE, Mich., Oct. 15, 2026 /PRNewswire/ -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, announced the completion of its previously announced acquisition of two La-Z-Boy stores in New Orleans, LA.

LOS ANGELES--(BUSINESS WIRE)---- $LZB--LZB Investors with $100,000 in Losses Have Opportunity to Join La-Z-Boy Incorporated Fraud Investigation with SBS Law.

Investors need to pay close attention to LZB stock based on the movements in the options market lately.

La-Z-Boy Incorporated (LZB) Q1 2027 Earnings Call Transcript

La-Z-Boy NYSE: LZB reported mixed fiscal 2027 first-quarter results as growth in its company-owned retail business was offset by weaker wholesale volume and continued volatility at its Joybird unit.

La-Z-Boy put out a disappointing Q1 that included declining sales, an earnings loss, and weaker-than-expected forward guidance. Perhaps not surprisingly, shares sold off following the late-day release. Down nearly 20% following the release, I do not view the pullback as an opportunity.

Stock markets are waited on minutes of the Fed's most recent monetary policy meeting for any clues about the forward path on interest rates.

The furniture maker's sales slid 3% to $475.7 million, missing analyst forecasts for a gain to $501 million.

Fiscal 2027 First Quarter Highlights : Retail segment written sales increased 16% Written same-store sales grew 3% with increases in design sales, conversion rates, and average ticket Retail delivered sales increased 10%; Retail GAAP and adjusted (1) operating margin improved versus prior year Added four company-owned stores including one new and three acquired Signed agreement to acquire two additional independent La-Z-Boy Stores Concluded production at one of the two announced plant closures for consolidation into our U.S. network $35 million returned to shareholders through share repurchases and dividends, up 62% versus prior year Delivered consolidated sales of $476 million after divestiture of wholesale casegoods business GAAP diluted EPS of $(0.06) and adjusted (1) diluted EPS of $0.43 MONROE, Mich., Aug. 18, 2026 /PRNewswire/ -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported first quarter results for the period ended July 25, 2026.