La-Z-Boy Q2 sales rise 2% to $521 million; adjusted EPS falls to $0.71 from $0.74
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.
Key points
- 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%
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 19, 2024.
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