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La-Z-Boy Posts Strong Q4 Results, Boosts Shareholder Returns

Tipranks - Wed Jun 17, 4:28PM CDT

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La-Z-Boy Incorporated ( (LZB) ) just unveiled an announcement.

La-Z-Boy reported strong results for its fiscal fourth quarter ended April 25, 2026, with sales flat year on year at $570 million but GAAP operating margin improving to 7.2% and adjusted margin to 9.9%. Retail segment written sales rose 11% and delivered sales 9%, company-owned stores expanded to 230 locations representing 61% of its network, and both GAAP and adjusted diluted EPS benefited from improved margins and favorable tax items.

For fiscal 2026, consolidated sales grew 1% to $2.1 billion, driven by 8% written and 6% delivered sales growth in the Retail segment, while Wholesale sales were flat but more profitable. The company advanced its strategic shift toward core upholstery by completing the exit of its American Drew and Kincaid casegoods businesses, restructuring its U.K. supply chain, consolidating smaller U.S. plants, and deploying significant capital into acquisitions, store openings and shareholder returns, including a new $300 million share repurchase program and a fifth consecutive 10% annual dividend increase.

The most recent analyst rating on (LZB) stock is a Buy
with a $46.00 price target.
To see the full list of analyst forecasts on La-Z-Boy Incorporated stock,
see the LZB Stock Forecast page.

Spark’s Take on LZB Stock

According to Spark, TipRanks’ AI Analyst, LZB is a Neutral.

The score is driven primarily by steady financial quality with strong recent cash generation and a solid balance sheet, tempered by notable TTM margin compression. The latest earnings call adds support via clear strategic actions and a path to margin improvement, while technical indicators are largely neutral and valuation appears reasonable rather than compelling.

To see Spark’s full report on LZB stock,
click here.

More about La-Z-Boy Incorporated

La-Z-Boy Incorporated is a global leader in the retail and manufacture of residential furniture, with a core focus on its vertically integrated North American upholstery business. The company sells through a network of 378 La-Z-Boy stores across North America, of which 230 are company-owned, and is pursuing a strategy dubbed Century Vision to expand its brand reach, retail footprint and consumer-led innovation.

Average Trading Volume: 398,136

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.58B

For detailed information about LZB stock, go to TipRanks’ Stock Analysis page.

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