La-Z-Boy delivered stable performance in Q2 FY26, supported by growth in Retail and Wholesale segments. The company completed its largest retail acquisition and continued strategic restructuring to focus on core operations.
Revenue reached $522,480,000, with growth in both Retail and Wholesale segments.
GAAP EPS was $0.70 and adjusted EPS remained flat at $0.71.
Net income was $28,858,000, slightly lower than the prior year.
Completed largest retail acquisition, expected to add $80,000,000 in annual sales.
La-Z-Boy expects Q3 sales between $525,000,000 and $545,000,000 and adjusted operating margin between 5.0% and 6.5%, reflecting ongoing strategic execution and market uncertainties.
Visualization of income flow from segment revenue to net income
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