Headline: La-Z-Boy (LZB) Reports Q4 Profit Rise, Exceeding Analyst Estimates
La-Z-Boy Inc. (LZB) reported a significant rise in fourth-quarter profit, with net income increasing to $35.0 million, or $0.80 per diluted share, for the fiscal period ended April 27, 2026. This compares to $28.5 million, or $0.65 per diluted share, in the same period last year. The furniture manufacturer's adjusted earnings per share (EPS) reached $0.82, surpassing average analyst estimates of $0.75. Net sales for the quarter climbed to $550 million, up from $520 million in the prior-year quarter. For the full fiscal year 2026, La-Z-Boy recorded net sales of $2.1 billion, an increase from $2.0 billion in fiscal 2025. The company projects first-quarter fiscal 2027 sales to range between $500 million and $520 million.