Every material Form 8-K La-Z-Boy has filed with the SEC since August 20, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
La-Z-Boy reported fiscal first-quarter 2027 results for the period ended July 25, 2026. Sales fell 3% to $476 million, GAAP results swung to a loss of $(0.06) per diluted share from $0.44 a year earlier, and adjusted diluted EPS fell to $0.43 from $0.47, while Retail written sales rose 16%. The company also gave second-quarter sales guidance of $500-$520 million and an adjusted operating margin of 4.0-5.5%.
Consolidated sales of $475.7 million fell 3% from $492.2 million; Wholesale sales fell 9% to $323 million, while Retail delivered sales rose 10% to $229 million
GAAP diluted EPS was $(0.06) versus $0.44; adjusted diluted EPS was $0.43 versus $0.47, with adjustments mainly for $17.6 million of charges tied to exiting two smallest plants
Second-quarter outlook: sales of $500-$520 million and adjusted operating margin of 4.0-5.5%
Board declared a quarterly dividend of $0.242 per share, payable September 15, 2026, to holders of record on September 3, 2026; the company returned $35 million to shareholders in the quarter
La-Z-Boy reported fourth-quarter fiscal 2026 results for the period ended April 25, 2026, with sales flat at $570 million and GAAP diluted earnings per share of $0.81, up from $0.36, as GAAP operating margin rose to 7.2% from 5.2%. Results include a $20.0 million pre-tax goodwill impairment at Joybird and a $0.16 per share benefit from favorable discrete tax items. The company also gave a first-quarter sales outlook of $490-510 million and approved a new share repurchase program of up to $300 million, replacing the prior program.
Fourth-quarter sales were $570.3 million, flat versus $570.9 million a year earlier; Retail segment written sales rose 11%, while Wholesale sales fell 2%.
GAAP diluted EPS was $0.81 versus $0.36; adjusted diluted EPS was $1.26 versus $0.92.
A $20.0 million pre-tax goodwill impairment at Joybird was recorded in the quarter.
First-quarter outlook calls for sales of $490-510 million and adjusted operating margin of 4.0-5.5%; the Board approved a new buyback of up to $300 million in April.
La-Z-Boy reported fiscal third-quarter results for the period ended January 24, 2026, with sales up 4% to $542 million. GAAP diluted earnings per share fell to $0.52 from $0.68, and GAAP operating margin declined to 5.5% from 6.7%, so higher sales did not carry through to profit. The company expects fourth-quarter sales of $560 million to $580 million and an adjusted operating margin of 7.5% to 9.0%, and declared a quarterly dividend of $0.242 per share.
Quarter sales of $542 million, up 4% from the prior-year quarter; retail written sales up 11% and wholesale sales up 1%
GAAP diluted EPS of $0.52 versus $0.68 a year earlier; adjusted diluted EPS of $0.61 versus $0.68
Fourth-quarter outlook: sales of $560 million to $580 million and adjusted operating margin of 7.5% to 9.0%
Quarterly dividend of $0.242 per share declared February 17, 2026, payable March 13, 2026 to holders of record March 3, 2026
La-Z-Boy's board elected William C. Boor as an independent director effective immediately, with his election dated December 8, 2025. Boor has been president and CEO of Cavco Industries since April 15, 2019, and he joins the Audit Committee, which puts an experienced public-company CEO in a financial oversight role.
Board elected William C. Boor on December 8, 2025; his term runs until the 2026 annual meeting of shareholders
Board size increases to 10 members with his election
Boor will serve on the Audit Committee and receive the standard non-employee director compensation
Board approved restricted stock unit grant with a grant date value of $96,165, effective January 15, 2026
La-Z-Boy reported fiscal second-quarter sales of $522 million, up slightly from a year earlier, while GAAP operating income fell 7% and GAAP diluted EPS was $0.70 versus $0.71. The company also completed a 15-store acquisition, plans to exit non-core businesses, proposed closing its U.K. manufacturing facility, and guided third-quarter sales of $525-545 million.
Sales of $522 million for the quarter ended October 25, 2025, up 0.3%; GAAP operating income of $36.2 million, down 7%.
GAAP diluted EPS of $0.70 versus $0.71 a year earlier; adjusted diluted EPS flat at $0.71.
Third-quarter outlook: sales of $525-545 million and adjusted operating margin of 5.0-6.5%.
Quarterly dividend raised 10% to $0.242 per share, payable December 15, 2025, to holders of record on December 4, 2025.
La-Z-Boy reported fiscal first-quarter 2026 results for the quarter ended July 26, 2025, with sales down 1% and GAAP diluted EPS down 28% from a year earlier. The company also guided to fiscal second-quarter sales of $510 million to $530 million and an adjusted operating margin of 4.5% to 6.0%, and said it is evaluating alternatives to address financial pressure from non-core parts of its business.
Sales were $492 million, down 1% from $495.5 million a year earlier; Retail written sales rose 5%, but Retail same-store written sales fell 4%.
GAAP diluted EPS was $0.44 versus $0.61; adjusted diluted EPS was $0.47 versus $0.62.
GAAP operating margin was 4.5% versus 6.5%; Joybird delivered sales fell 20% to $28 million.
Second-quarter outlook: sales of $510 million to $530 million and adjusted operating margin of 4.5% to 6.0%.
La-Z-Boy entered a Second Amendment to its Credit Agreement on July 1, 2025, extending the revolving credit facility's maturity from October 15, 2026 to July 1, 2030. The amendment also raises the accordion basket for incremental loans from $100 million to $125 million and loosens the fixed charge coverage covenant from 1.75 to 1.00 to 1.50 to 1.00.
Maturity extended from October 15, 2026 to July 1, 2030
Revolving credit facility totals $200 million, including a $50 million letter of credit sub-limit
Accordion basket for additional incremental loans raised from $100 million to $125 million, subject to conditions
Fixed charge coverage ratio requirement lowered from 1.75 to 1.00 to 1.50 to 1.00; Wells Fargo is administrative agent
La-Z-Boy director James P. Hackett told the company on June 18, 2025, that he will not stand for re-election at its upcoming 2025 Annual Meeting of Shareholders. The filing says the decision is not due to any disagreement with the company on its operations, policies or practices.
Director James P. Hackett informed the company on June 18, 2025 of his decision.
He will not stand for re-election at the 2025 Annual Meeting of Shareholders.
The filing states no disagreement with the company on operations, policies or practices.
The company and board thanked Mr. Hackett for his years of service.
La-Z-Boy reported fiscal third-quarter 2025 results for the quarter ended January 25, 2025, with sales up 4% to $522 million and GAAP diluted EPS of $0.68, up from $0.66 a year earlier. The company guided fiscal fourth-quarter sales to $545-565 million and Non-GAAP operating margin to 8.5-9.5%, assuming no significant changes in tariffs. The board also declared a $0.22 quarterly dividend, and the company has returned $90 million to shareholders year to date.
Third-quarter sales were $522 million, up 4%; Retail segment sales rose 11% to $228 million
GAAP net income attributable to La-Z-Boy fell 1% to $28.4 million, while GAAP diluted EPS rose to $0.68 from $0.66
Fourth-quarter outlook: sales of $545-565 million and Non-GAAP operating margin of 8.5-9.5%, assuming no significant tariff changes
Quarterly dividend of $0.22 per share, payable March 14, 2025 to holders of record on March 4, 2025
La-Z-Boy reported fiscal second-quarter 2025 results for the period ended October 26, 2024. Sales rose 2% to $521 million and GAAP diluted EPS rose to $0.71 from $0.63, but non-GAAP diluted EPS fell to $0.71 from $0.74 and non-GAAP operating margin declined to 7.5% from 7.9%. The board also raised the quarterly dividend 10% to $0.22 per share and guided third-quarter sales to $505 million to $525 million.
Sales of $521 million, up 2% from $511 million a year earlier; Retail segment delivered sales rose 3% to $222 million
GAAP diluted EPS $0.71 vs. $0.63; non-GAAP diluted EPS $0.71 vs. $0.74 (down 4%)
Quarterly dividend raised 10% to $0.22 per share, payable December 16, 2024, to holders of record on December 5, 2024
Third-quarter outlook: sales of $505 million to $525 million (up 1% to 5%) and non-GAAP operating margin of 6% to 7%
La-Z-Boy CFO Robert G. Lucian will retire, effective April 26, 2025, and remain in his CFO role through December 31, 2024. The board elected Taylor E. Luebke, the company's current Vice President, Finance and Treasurer, to succeed him as Senior Vice President and Chief Financial Officer effective January 1, 2025. The change is a planned leadership transition that gives shareholders a named successor and a set compensation package.
Lucian informed the company of his retirement on October 7, 2024; he stays as Senior Vice President through fiscal year 2025 to support the transition.
Luebke, age 42, has been Vice President, Finance and Treasurer since January 2023 and joined the company in January 2021.
Luebke's annualized base salary will be $440,000, with a short-term cash incentive target of 75% of eligible earnings for the rest of fiscal 2025.
Luebke will receive a one-time restricted stock unit grant valued at $200,000 on January 15, 2025, vesting 25% per year over four years.
La-Z-Boy's board elected Matthew Baer, chief executive of Stitch Fix, as an independent director effective January 1, 2025, expanding the board to 11 members. The filing says he will receive non-employee director compensation and a restricted stock unit grant with a grant date value of $87,660.
Baer, age 42, has been Stitch Fix CEO since June 2023.
He previously held leadership roles at Macy's from March 2020 to June 2023 and was Vice President of Walmart eCommerce from January 2016 to March 2020.
The board approved an RSU grant with a grant date value of $87,660, effective January 2, 2025, under the 2024 Omnibus Incentive Plan.
At its August 27, 2024 annual meeting, La-Z-Boy shareholders approved the 2024 Omnibus Incentive Plan, which replaces the 2022 plan and authorizes 3,090,000 shares for grants. Shareholders also elected all ten director nominees, ratified PricewaterhouseCoopers LLP as auditor for fiscal 2025, and approved executive compensation in a non-binding advisory vote. The plan governs future equity and incentive awards to officers, directors and employees.
2024 Plan approved with 34,632,557 votes for and 2,307,990 votes against, with 47,141 abstentions and 2,194,896 broker non-votes
Plan authorizes 3,090,000 shares and replaces the La-Z-Boy Incorporated 2022 Omnibus Incentive Plan
All ten director nominees elected to serve until the 2025 annual meeting; Michael T. Lawton had the most votes withheld at 797,148
Non-binding say-on-pay vote approved with 35,751,445 votes for and 1,185,114 against
La-Z-Boy reported fiscal first-quarter results for the period ended July 27, 2024, with sales up 3% to $496 million, led by its Wholesale segment. GAAP diluted earnings per share fell to $0.61 from $0.63, and the GAAP operating margin declined to 6.5% from 7.2%, so shareholders see higher sales alongside lower GAAP profit. The company also guided second-quarter sales to $495 million to $515 million and a Non-GAAP operating margin of 6% to 7%.
Consolidated sales rose 3% to $496 million; Wholesale segment sales increased 5% to $351 million.
GAAP diluted EPS was $0.61 versus $0.63 a year earlier; Non-GAAP diluted EPS was $0.62, flat year over year.
Retail segment delivered sales fell 3% to $202 million, and Retail GAAP operating margin was 10.2% versus 14.1%.
Second-quarter fiscal 2025 guidance: sales of $495 million to $515 million and Non-GAAP operating margin of 6% to 7%.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every La-Z-Boy filing is on SEC EDGAR ↗. 8-K briefs of other companies →