Earnings ·
La-Z-Boy Incorporated reported first-quarter fiscal 2027 results for the period ended July 25, 2026
LZBLA-Z-Boy Inc
La-Z-Boy Incorporated reported first-quarter fiscal 2027 results for the period ended July 25, 2026. Consolidated sales decreased 3% to $476 million, with Retail segment delivered sales growing 10% and written same-store sales increasing 3%. GAAP diluted EPS was negative $(0.06), while adjusted diluted EPS was $0.43. The company returned approximately $35 million to shareholders through share repurchases and dividends. Additionally, the Board of Directors declared a quarterly cash dividend of $0.242 per share, payable on September 15, 2026, to shareholders of record on September 3, 2026. La-Z-Boy Incorporated is a leading vertically integrated retailer and manufacturer of high-quality, custom residential furniture.