La-Z-Boy Incorporated Reports Strong Fourth Quarter Results Led By Retail Sales Growth And Broad-Based Margin Improvement; Finalizes Multiple Strategic Initiatives
La-Z-Boy reported fiscal Q4 revenue of $570 million, flat year-over-year, but delivered significant bottom-line growth with GAAP EPS doubling to $0.81 and adjusted EPS rising 37% to $1.26. Margin expansion was broad-based, with GAAP operating margin improving 200 basis points to 7.2% and adjusted operating margin up 50 basis points to 9.9%. The company returned $85 million to shareholders in fiscal 2026 and authorized a new $300 million share repurchase program to replace the prior one. La-Z-Boy ended the year with $303 million in cash and no external debt, while also completing strategic exits of its American Drew and Kincaid businesses.
Key figures
- Eps
- 0.81
- Revenue
- 570338000
- Guidance
- Q1 sales $490-510 million (organic growth up to 4%), adjusted operating margin 4.0-5.5%
- Revenue Yoy
- flat
- Adjusted eps
- 1.26
- Free cash flow
- 127800000
- Operating cash flow
- 204106000
- Operating margin adj
- 9.9%
- Buyback authorization
- 300000000
- Operating margin gaap
- 7.2%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.