La-Z-Boy (LZB) to Release Quarterly Earnings on Tuesday

Key Points

• La-Z-Boy is slated to announce its Q1 2026 quarterly earnings on August 19th, with analysts predicting earnings of $0.60 per share and revenue of $502.56 million.
• The company reported $0.92 EPS for the last quarter but missed estimates slightly, while its revenue increased by 3.1% year-over-year.
• Royal Bank of Canada recently increased its stake in La-Z-Boy by 11.1%, holding nearly 100% of the stock owned by institutional investors and hedge funds.

La-Z-Boy (NYSE:LZB - Get Free Report) is expected to be issuing its Q1 2026 quarterly earnings data after the market closes on Tuesday, August 19th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $502.56 million for the quarter. La-Z-Boy has set its Q1 2026 guidance at EPS.

La-Z-Boy (NYSE:LZB - Get Free Report) last posted its earnings results on Tuesday, June 17th. The company reported $0.92 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.01). La-Z-Boy had a return on equity of 12.08% and a net margin of 4.72%. The business had revenue of $570.87 million for the quarter, compared to analyst estimates of $557.44 million. During the same quarter in the prior year, the business earned $0.95 earnings per share. The firm's quarterly revenue was up 3.1% on a year-over-year basis. On average, analysts expect La-Z-Boy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

La-Z-Boy Trading Up 0.1%

NYSE:LZB traded up $0.05 during mid-day trading on Friday, hitting $38.66. 419,138 shares of the company's stock were exchanged, compared to its average volume of 443,160. The company has a 50 day simple moving average of $38.19 and a 200-day simple moving average of $40.39. La-Z-Boy has a fifty-two week low of $34.89 and a fifty-two week high of $48.31. The firm has a market capitalization of $1.59 billion, a P/E ratio of 16.38 and a beta of 1.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of LZB. EverSource Wealth Advisors LLC lifted its position in shares of La-Z-Boy by 290.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 901 shares of the company's stock worth $33,000 after purchasing an additional 670 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of La-Z-Boy by 314.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,461 shares of the company's stock worth $166,000 after purchasing an additional 3,384 shares during the period. BNP Paribas Financial Markets lifted its position in shares of La-Z-Boy by 141.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,956 shares of the company's stock worth $296,000 after purchasing an additional 4,662 shares during the period. Norges Bank acquired a new position in shares of La-Z-Boy during the 2nd quarter valued at $404,000. Finally, Rafferty Asset Management LLC lifted its position in shares of La-Z-Boy by 20.3% during the 2nd quarter. Rafferty Asset Management LLC now owns 14,545 shares of the company's stock valued at $541,000 after acquiring an additional 2,455 shares during the period. Institutional investors and hedge funds own 99.62% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. KeyCorp upgraded shares of La-Z-Boy from a "sector weight" rating to an "overweight" rating and set a $46.00 target price on the stock in a research report on Friday, April 25th. Wall Street Zen downgraded shares of La-Z-Boy from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd.

About La-Z-Boy

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Wholesale, Retail, Corporate and Other segments. The Wholesale segment manufactures, and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, entertainment centers, and occasional pieces.