LZB

MONROE, Mich.--(BUSINESS WIRE)--La-Z-Boy Incorporated (NYSE: LZB) a global leader in the retail and manufacture of residential furniture, is bringing a new level of comfort and style to homes everywhere just in time for football season with the launch of The Jer-Z-Boy, a custom recliner made in collaboration with fashion designer and sports culture icon Kristin Juszczyk. Known for transforming beloved jerseys into highly coveted custom fashion pieces worn by athletes, celebrities and fans alike.

Scalable, cutting-edge technology set to deliver 16MM on-demand, photorealistic product images, improving La-Z-Boy's omni-channel shopping and design experiences MONROE, Mich., July 15, 2026 /PRNewswire/ -- Today, La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, announces the expanded use of new 3D Cloud® technology to positively impact La-Z-Boy's omni-channel shopping and design experiences and to streamline internal operations.

La-Z-Boy's Q4 earnings call highlights retail-led growth, margin gains and supply-chain moves as management looks to outgrow a soft furniture market.

La-Z-Boy Incorporated (LZB) Q4 2026 Earnings Call Transcript

At the opening bell, Diane King Hall discusses this morning's top moving stocks in companies like Applied Materials (AMAT), Lam Research (LRCX), and KLA Corp. (KLAC) receiving price targets hikes from Citigroup. She also highlights earnings movers in Jabil's (JBL) earnings beat and La-Z-Boy (LZB) raising guidance as U.S. consumers show strength.

The furniture maker is “playing offense,” CEO Melinda D. Whittington says.

La-Z-Boy Incorporated remains a "Buy" despite recent profitability declines and industry headwinds. LZB's fortress balance sheet—$303.2 million cash, zero debt—provides significant flexibility and downside protection. Revenue growth is driven by increased store count, offsetting negative same-store sales and industry softness.

The furniture maker said lower delivered volume in its Joybird brand offset growth in its retail business, which includes its company-owned La-Z-Boy stores.

Fiscal 2026 Fourth Quarter Highlights : Retail segment written sales increased 11% and delivered sales increased 9%; GAAP and adjusted (1) operating margin improved versus prior year Company-owned network grew by four stores; 230 company-owned store base now represents 61% of total 378 store network Wholesale segment delivered sales down slightly, while adjusted operating margin improved versus prior year GAAP operating margin of 7.2% and adjusted (1) operating margin of 9.9%, up 50 bps versus prior year GAAP diluted EPS of $0.81 and adjusted (1) diluted EPS of $1.26 Completed strategic exit of American Drew and Kincaid wholesale casegoods businesses in May (subsequent to quarter end) and finalized U.K. supply chain restructuring in April Established new share repurchase program authorizing the repurchase of up to $300 million of Company stock, replacing prior program Fiscal 2026 Highlights : 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 Generated $204 million in operating cash flow for the year, up 9% versus prior year Strong capital deployment with $163 million reinvested back into the business through acquisitions and capital expenditures and $85 million returned to shareholders through share repurchases and dividends Fifth consecutive year of increasing quarterly dividend by 10% MONROE, Mich., June 16, 2026 /PRNewswire/ -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported fourth quarter results for the period ended April 25, 2026.

La-Z-Boy Incorporated is set to release its fiscal Q4 on Tuesday, June 16. The furniture maker is expected to report sales of between +$560M and +$580M for the quarter. The reporting period is expected to have faced weather-related headwinds as a result of the more disruptive winter season.