Short answer
LA-Z-BOY INC (LZB) filed its Q3 2026 10-Q quarterly report on Aug 18, 2026 for the quarter ended Jul 25, 2026. Quarterly revenue was $476M (down 3.4% year over year) with net income of −$2M.
Q3 2026 key financials · XBRL
- Revenue
- $476M
- −3.4% YoY
- Net income
- −$2M
- −112.6% YoY
- Operating margin
- -0.4%
- Gross margin
- 43.9%
- EPS (diluted)
- −$0.06
- −113.6% YoY
Source: XBRL data from the LA-Z-BOY INC (LZB) Q3 2026 10-Q on SEC EDGAR. USD.
LA-Z-BOY INC Q3 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $475.7M, down 3.4% YoY from $492.2M
- Operating margin (0.4%) vs 4.5% YoY, with $2.1M operating loss vs $22.0M income
- Retail strongest: sales $228.6M, up 10.3%; margin 6.4% vs 6.3%
- Wholesale weakest: sales $322.9M, down 8.5%; margin 2.1% vs 7.1%
- Cash $267.3M vs $303.2M; operating cash flow $15.6M vs $36.3M; $25.1M share repurchases and $23.3M capital expenditures
Risk Factors
- No material risk-factor changes during fiscal 2027 first quarter
- Repurchase authorization changed to $300 million effective May 14, 2026
- $25.1 million spent repurchasing 0.7 million shares during the quarter
- $291.2 million remaining under the current repurchase program as of July 25, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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