LA-Z-BOY INC (LZB) Form 10-K — Jun 16, 2026
La-Z-Boy Incorporated reported fiscal 2026 sales of $2.13 billion, an increase of 0.8% compared to the prior year, driven by retail acquisitions and higher delivered wholesale sales. Operating income decreased 4.9% to $129.2 million due to higher distribution costs and mix shifts, partially offset by gains on asset sales. The company completed strategic restructuring actions during the year, including the closure of its United Kingdom manufacturing business and the sale of its Casegoods headquarters building. Additionally, the company recorded a $20.0 million non-cash goodwill impairment charge related to its Joybird reporting unit due to decreased delivered sales volume.
Key figures
- Revenue
- 2126635000
- Guidance
- Capital expenditures expected to be in the range of $90 to $110 million for fiscal 2027
- Cash Position
- 303200000
- Revenue Growth
- 0.8%
Price after filing
Close on the filing date to close N calendar days later (from $38.99). Historical, not a forecast.
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