La-Z-Boy director Janet Kerr received 3,653 restricted stock units (RSUs) on 08/28/2025 under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan. Each RSU represents the economic equivalent of one share of LZB common stock and was granted at a price of $0. The RSUs vest on the one-year anniversary of the award date and will be settled in stock within 60 days after the vesting date. Following the grant, Ms. Kerr beneficially owns 7,025 common shares as reported on this Form 4. The form was filed individually by the reporting person and signed by an attorney-in-fact on 08/29/2025.
Haider Raza Syed, a director of La-Z-Boy Incorporated (LZB), was granted 3,653 restricted stock units on 08/28/2025 under the 2024 Omnibus Incentive Plan. Each restricted stock unit equals one share of LZB common stock and carries a $0 grant price. The award vests one year after grant and will be settled in stock within 60 days following the vesting date. After the grant, the reporting person beneficially owned 11,641 shares. The Form 4 was signed by an attorney-in-fact on 08/29/2025 and filed as a single reporting-person filing.
Matt Baer, a director of La-Z-Boy Incorporated (LZB), was granted 3,653 restricted stock units (RSUs) on 08/28/2025 under the La-Z-Boy 2024 Omnibus Incentive Plan. Each RSU is the economic equivalent of one share of LZB common stock and will be settled in stock within 60 days after the RSUs vest, with the vesting date set as the one-year anniversary of the award date. After this grant, the filing reports Mr. Baer beneficially owns 5,683 shares. The transaction was reported on Form 4 and signed by an attorney-in-fact on 08/29/2025.
La-Z-Boy director Erika L. Alexander received 3,653 restricted stock units (RSUs) on 08/28/2025 under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan. Each RSU is the economic equivalent of one share of LZB common stock and will be settled in stock within 60 days after vesting, which occurs on the one-year anniversary of the award date. The reported transaction shows a price of $0 and, after the grant, the reporting person beneficially owns 15,497 common shares. The Form 4 was filed by one reporting person and signed by an attorney-in-fact on 08/29/2025.
La-Z-Boy Incorporated elected nine director nominees to serve annual terms that run until 2026. Each director will hold office until a successor is elected and qualified or until earlier resignation or removal. The filing states the voting results were provided, but the specific vote tallies and percentages are not included in the excerpt provided for review. No other material events, financial data, or transaction details are disclosed in the supplied text.
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.
La-Z-Boy Incorporated filed a Current Report on Form 8-K stating that on August 19, 2025 the company issued a news release reporting its financial results for the fiscal quarter ended July 26, 2025. The release is attached to the report as Exhibit 99.1. The filing also clarifies that the information in the cited items and the exhibit is furnished and not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings except by specific reference.
La-Z-Boy Incorporated (NYSE: LZB) filed a Form 8-K on 14 July 2025 announcing it has signed an Asset Purchase Agreement to acquire certain assets of Atlanta Furniture Galleries, LLC. The deal covers 15 La-Z-Boy Furniture Galleries stores and four warehouses located in the southeastern United States. Both parties must satisfy customary closing conditions before completion.
In the same press release (Exhibit 99.1), the company also provided an updated outlook for its fiscal Q1 ending 26 July 2025; however, the 8-K does not disclose the revised figures. No purchase price, financing details, or expected closing date were included in the filing. The company clarified that the furnished information is not deemed filed for liability purposes under the Exchange Act.
The transaction, once closed, would increase the number of company-owned retail locations, strengthening La-Z-Boy’s direct-to-consumer channel in a key growth region. Investors will need additional disclosures—particularly financial terms and updated earnings guidance—to fully assess the impact on revenue, margins, and cash flow.