La-Z-Boy (LZB) Tops Q4 EPS by 44c, Beats on Revenue
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La-Z-Boy Incorporated Reports Strong Fourth Quarter Results Led By Retail Sales Growth And Broad-Based Margin Improvement; Finalizes Multiple Strategic Initiatives
June 16, 2026 4:15 PM EDTFiscal 2026 Fourth Quarter Highlights:
Retail segment written sales increased 11% and delivered sales increased 9%; GAAP and adjusted(1) operating margin improved versus prior yearCompany-owned network grew by four stores; 230 company-owned store base now represents 61% of total 378 store networkWholesale segment delivered sales down slightly, while adjusted operating margin improved versus prior yearGAAP operating margin of 7.2% and adjusted(1) operating margin of 9.9%, up 50 bps versus prior yearGAAP diluted EPS of $0.81 and adjusted(1) diluted EPS of... More