La-Z-Boy Q3 sales rise 4% to $542 million; GAAP EPS falls to $0.52 from $0.68
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.
Key points
- 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
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 February 17, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.