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La-Z-Boy Incorporated Reports Strong Third Quarter Results Led By Double-Digit Retail Sales Growth; Drives Significant Progress On Strategic Initiatives

Fiscal 2026 Third Quarter Highlights : Delivered sales of $542 million Up 4% versus prior year Retail segment written sales increased 11% and delivered sales increased 11% Opened four new company-owned stores in the quarter and 16 in the last 12 months Wholesale segment delivered sales increased 1% Completed western U.S. phase of distribution and home delivery transformation project GAAP operating margin of 5.5% and adjusted ( 1) operating margin of 6.1% GAAP diluted EPS of $0.52 and adjusted ( 1) diluted EPS of $0.61 Generated $89 million in operating cash flow for the quarter, a 57% increase versus last year's comparable period Further Progress On Strategic Initiatives : Successfully integrated 15-store acquisition in southeast U.S. region Formally announced planned closure of U.K. manufacturing facility; production set to cease by fiscal year end Completed sale of Kincaid upholstery business subsequent to third quarter close Signed letter of intent for sale of wholesale casegoods businesses (American Drew and Kincaid) MONROE, Mich., Feb. 17, 2026 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported third quarter results for the period ended January 24, 2026.

La-Z-Boy Incorporated Named to TIME's 2026 List of America's Most Iconic Companies

MONROE, Mich., Jan. 13, 2026 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, announced today that it has been recognized as one of America's Most Iconic Companies for 2026 by TIME magazine.

William Boor Elected to La-Z-Boy Incorporated's Board of Directors

MONROE, Mich., Dec. 09, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that William (Bill) Boor has joined the company's Board of Directors, effective December 8, 2025.

La-Z-Boy Incorporated Reports Solid Second Quarter Results; Advances Largest Ever Retail Acquisition And Transformative Strategic Initiatives

Fiscal 2026 Second Quarter Highlights : Delivered sales of $522 million, up slightly from prior year period Retail segment written sales increased 4% Same-store sales trends improved sequentially Opened five new company-owned stores (and closed three); opened 15 new stores in the last 12 months (and closed five) Wholesale segment delivered sales increased 2% Consolidated two additional distribution centers as part of distribution and home delivery transformation GAAP operating margin of 6.9% and adjusted (1) operating margin of 7.1% GAAP diluted EPS of $0.70 and adjusted (1) diluted EPS of $0.71 Generated $50 million in operating cash flow for the quarter, triple last year's comparable period Quarterly dividend increased 10% to $0.242, the 5th consecutive year of double-digit increases Additional Strategic Initiatives : Completed 15-store acquisition in southeast U.S. region; adding an estimated $80 million in annual Retail sales (approximately $40 million net to enterprise) Announced planned exit of non-core businesses (Kincaid and American Drew casegoods and Kincaid upholstery) Announced proposed closure of UK manufacturing facility Strategically realigned leadership and corporate staffing to focus on core businesses To be substantially completed by the end of the fiscal year, these initiatives combined will reduce sales by approximately $30 million, net, and increase margins by 75-100 bps MONROE, Mich., Nov. 18, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported second quarter results for the period ended October 25, 2025.