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NEW YORK - La-Z-Boy Incorporated (NYSE:LZB) reported fourth quarter earnings that missed analyst estimates, but revenue that exceeded expectations, sending shares up slightly, by 0.3%, in after-hours trading.
The furniture maker posted adjusted earnings per share of $0.92 for the quarter ended April 26, 2025, falling short of the $0.98 consensus estimate. However, revenue rose 3% YoY to $571 million, surpassing analyst projections of $558.21 million.
La-Z-Boy’s retail segment delivered sales increased 8% in Q4, driven by growth from new and acquired stores. The company’s wholesale segment saw a 2% sales increase, led by momentum in its core North America La-Z-Boy wholesale business.
"Our fourth quarter results reflect the ongoing strengthening of our brand and operations under our Century Vision strategy," said Melinda D. Whittington, Board Chair, President and CEO of La-Z-Boy. "We executed well throughout the year with sales growth across all of our segments and four consecutive quarters of top line growth, even as the industry contends with depressed housing fundamentals and growing macro uncertainty."
For the first quarter of fiscal 2026, La-Z-Boy expects sales between $490-$510 million and adjusted operating margin of 5.5-7.0%.
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