Every 10-Q that La-Z-Boy Incorporated (LZB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LZB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LZB filings page.
La-Z-Boy Inc. (LZB) reported a weak first quarter of fiscal 2027, with sales of $475.7 million, down 3.4% from $492.2 million, and a swing to an operating loss of $2.1 million versus $22.0 million of operating income a year earlier. Net income attributable to La-Z-Boy shifted from $18.2 million profit to a $2.3 million loss, or from $0.44 EPS to $(0.06), driven largely by supply chain optimization charges and a retirement-plan settlement.
Retail segment performance was a relative bright spot: Retail sales rose 10.3% to $228.6 million and operating income increased 11.3% to $14.6 million, maintaining a 6.4% margin. Wholesale sales fell 8.5% and operating margin dropped from 7.1% to 2.1%, pressured by lower volume, targeted promotions, divestiture-related items, and Mexico plant closure costs. Joybird revenue declined and remained loss-making. Despite earnings pressure, La-Z-Boy ended the quarter with $267.3 million in cash, minimal investments-related debt, a $200 million undrawn credit facility, and continued capital deployment via $25.1 million of share repurchases and $9.7 million in dividends.
La-Z-Boy Incorporated reported third-quarter fiscal 2026 sales of $541.6 million, up 3.8% year over year, while net income attributable to the company fell to $21.7 million, or $0.52 diluted EPS, from $28.4 million, or $0.68 diluted EPS.
For the first nine months, sales were $1.56 billion versus $1.54 billion, with net income of $68.7 million compared with $84.6 million a year earlier, as operating margin compressed from 6.9% to 5.7%.
Results reflected higher distribution costs, severance related to closing the U.K. manufacturing business, and a $3.0 million inventory impairment tied to the Casegoods disposal. Offsetting factors included stronger Retail segment revenue, helped by store acquisitions and new locations, and lower warranty expense.
The company continued its strategy of expanding company-owned stores, highlighted by a $90.2 million acquisition of 15 La-Z-Boy Stores and four distribution centers in Atlanta, central/northeast Florida and Knoxville, adding $57.6 million of goodwill and $28.3 million of reacquired rights.
La-Z-Boy generated $175.7 million of operating cash flow in the first nine months, funding $56.7 million of capital expenditures, $86.4 million of acquisition spending, $27.1 million of share repurchases and $28.1 million of dividends, while ending the quarter with $306.1 million in cash and no borrowings on its $200 million credit facility.
La-Z-Boy Incorporated reported essentially flat revenue for its second quarter of fiscal 2026, with sales of $522.5 million versus $521.0 million a year earlier. Net income attributable to the company was $28.9 million, down slightly from $30.0 million, and diluted earnings per share were $0.70 compared with $0.71.
For the first six months, sales were $1.01 billion versus $1.02 billion, while net income attributable to La-Z-Boy declined to $47.1 million from $56.2 million, reflecting higher selling, general and administrative expenses. Operating cash flow strengthened to $86.3 million from $68.3 million, and cash and equivalents rose to $338.5 million.
The company committed to sell a portion of its Casegoods wholesale business, classifying $29.4 million of related assets as held for sale without recording impairment. It also amended its $200 million unsecured revolving credit facility, extending maturity to July 2030, and had no borrowings outstanding. After quarter end, La-Z-Boy agreed to acquire 15 additional La-Z-Boy Stores and four distribution centers for approximately $85.5 million, to be included in the Retail segment.
La-Z-Boy (LZB) reports first quarter fiscal 2026 results and disclosures focusing on operations, liquidity, and segment performance. Gross margin declined modestly: consolidated gross margin fell 30 basis points driven by promotional activity in casegoods and accessories, while the Wholesale segment saw a 60 basis-point decline largely from higher distribution, home delivery and manufacturing overhead costs. SG&A rose 360 basis points as a percent of sales, attributed to fixed cost deleverage from lower same-store sales and costs tied to adding 11 net new retail stores. The company amended its $200 million revolving credit facility to extend maturity to July 1, 2030, expand accordion capacity and relax certain covenant terms; no borrowings were outstanding at July 26, 2025. During the quarter LZB repurchased 0.3 million shares for $12.5 million and paid $9.0 million in dividends. Capital expenditures for fiscal 2026 are expected in a $90–$100 million range.