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La-Z-Boy posted a 1% drop in revenue and a 30% decline in net income for Q1 2026. Despite weaker performance from Joybird and international wholesale, the Retail and Wholesale segments delivered growth, supported by store additions and margin improvement.
La-Z-Boy expects Q2 2026 sales between $510M and $530M and adjusted operating margin between 4.5% and 6.0%, reflecting cautious optimism amid macro uncertainty.
Visualization of income flow from segment revenue to net income
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