Business
La-Z-Boy Incorporated Reports First Quarter Results; Led By Retail And Wholesale Delivered Sales Growth And Wholesale Margin Expansion; Retail Written Sales Up 5%
Fiscal 2026 First Quarter Highlights: Retail segment written sales increased 5%Retail segment delivered sales increased 2% Added two storesAnnounced 15-store acquisition, which is expected to close in late October Wholesale segment delivered sales increased 1% Successful transition of our Arizona distribution center to new West Coast centralized hub GAAP operating margin of 4.5% and adjusted(1) operating margin of 4.8%GAAP diluted EPS of $0.44 and adjusted(1) diluted EPS of $0.47Generated $36 mi
About this update from La-z-boy Incorporated
[{"type":"image","alt":"La-Z-Boy Incorporated","displaySize":"","headline":null,"caption":"La-Z-Boy Incorporated","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":150,"url":"https://media.zenfs.com/en/globenewswire.com/cf46861d578d62d521528ccda4a1e741"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YFb975MD5ORirsZju2E9AA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIxMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/cf46861d578d62d521528ccda4a1e741","width":300,"height":150}},"lazy":false},{"type":"text","content":"Fiscal 2026 First Quarter Highlights:","length":37,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Retail segment written sales increased 5%","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"Retail segment delivered sales increased 2%","length":43,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Added two stores","length":16,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced 15-store acquisition, which is expected to close in late October","length":74,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":90,"olType":false}]},{"val":[{"type":"text","content":"Wholesale segment delivered sales increased 1%","length":46,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Successful transition of our Arizona distribution center to new West Coast centralized hub","length":90,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":90,"olType":false}]},{"val":[{"type":"text","content":"GAAP operating margin of 4.5% and adjusted(1) operating margin of 4.8%","length":70,"tagName":"p"}]},{"val":[{"type":"text","content":"GAAP diluted EPS of $0.44 and adjusted(1) diluted EPS of $0.47","length":62,"tagName":"p"}]},{"val":[{"type":"text","content":"Generated $36 million in operating cash flow for the quarter","length":65,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":507,"olType":false},{"type":"text","content":"MONROE, Mich., Aug. 19, 2025 (GLOBE NEWSWIRE) -- 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 26, 2025. For the quarter, sales totaled $492 million, down 1% against the prior year comparable period, reflecting growth in Retail and Wholesale segments, offset...