Overview
- The company reported adjusted Q4 EPS of $1.26, well above the $0.82 analyst estimate, in results published Wednesday.
- Revenue was $570.34 million, roughly in line with consensus, while GAAP operating margin rose to 7.2% and adjusted operating margin climbed to 9.9%.
- Retail momentum drove part of the beat with written sales up 11%, delivered retail sales rising 9% to $270 million, and a company‑owned store count at an all‑time high of 230 locations.
- La‑Z‑Boy completed strategic moves including exits from the American Drew and Kincaid wholesale casegoods lines and a U.K. supply‑chain restructuring that management says improved margins.
- Management gave cautious Q1 fiscal‑2027 guidance of $490–$510 million in sales and a 4.0–5.5% adjusted operating margin, and the stock jumped about 17% in after‑hours and pre‑market trading on the news.