La-Z-Boy

LZB

Market cap $1.45B

MONROE, Mich., Feb. 26, 2026 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that La-Z-Boy Incorporated will present at the Raymond James 47th Annual Institutional Investors Conference held at the JW Marriott Grande Lakes in Orlando, Florida. The event will be held on Monday March 2, 2026, at 3:25 p.m. ET. The presentation will be webcast live and archived on the Company's investor relations website at https://lazboy.gcs-web.com/.

La-Z-Boy Is Relaxed And Comfortable Despite Uncomfortable Market Conditions

La-Z-Boy Incorporated (LZB) Q3 2026 Earnings Call Transcript

La-Z-Boy beat on sales and earnings last night. Profit margins declined, however, and Q4 guidance was a bit light.

La-Z-Boy (LZB) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.68 per share a year ago.

The furniture maker logged higher third-quarter sales amid growth in its retail and wholesale segments, partially offset by a decline for its Joybird brand.

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 remains a soft ‘buy' due to its fortress balance sheet, attractive valuation, and resilient strategy amid industry headwinds. LZB faces near-term margin and same-store sales pressure, but management's restructuring and store expansion should drive long-term growth and margin improvement. Despite macroeconomic challenges, LZB's U.S.-centric manufacturing and strategic acquisitions position it favorably versus import-reliant peers.

MONROE, Mich., Feb. 03, 2026 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, will report its Fiscal 2026 Third Quarter results for the period ended January 24, 2026 after the close of trading on the New York Stock Exchange on Tuesday, February 17, 2026, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, February 18, 2026.

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