La-Z-Boy sales, earnings slip for the quarter
3 Articles
3 Articles
La-Z-Boy posts Q1 decline; retail segment grows - Big Furniture Group
Global upholstery manufacturer La-Z-Boy Incorporated has reported a decline in first quarter sales driven by a transition in its international wholesale division. According to its latest trading update for the first quarter ended 26 July 2025, total sales fell 1% to $492m from $495m against the same period last year. Operating margin stood at 4.5%, down from 6.5%, while adjusted net income resulted at $19.3m, down 27% from $26.4m. Delivered reta…
La-Z-Boy reports 1% decline in Q1 revenue - Home News Now
Declines in Joybird segment are offset by gains in retail and wholeside side of the business MONROE, Mich. — La-Z-Boy reported a 1% drop in sales for the quarter ended July 26, 2025 which it attributed to a decline in Joybird sales that was offset by gains in its wholesale and retail segments. The company said that net sales totaled $492.2 million, compared with $495.5 million the same period last year. Net income was $18.2 million, or 44 cents …
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