La-Z-Boy Q4 Sales Up 3.8% to $541.6M but Q1 Guidance Misses
La-Z-Boy's Q4 CY2025 revenue rose 3.8% year-on-year to $541.6 million, beating estimates by 1.1%, and adjusted EPS of $0.61 topped consensus by 2.8%. Its Q1 CY2026 revenue guidance midpoint of $570 million trails analysts’ forecast by 3.2%.
1. Q4 CY2025 Results
Furniture maker La-Z-Boy generated revenue of $541.6 million in Q4 CY2025, up 3.8% year-over-year and 1.1% above analyst estimates, with adjusted EPS of $0.61, a 2.8% beat. Operating margin narrowed to 5.5% from 6.7% year-ago, while free cash flow margin expanded to 13.2%.
2. Q1 CY2026 Revenue Guidance
Management forecasts Q1 CY2026 revenue at a $570 million midpoint, representing a 3.2% shortfall versus analysts’ $589.1 million consensus. The company now warns adverse weather could dampen deliveries and direct retail sales in the quarter.
3. Store Network Expansion
Over the past twelve months, La-Z-Boy added 29 net company-owned stores, reaching an all-time high of approximately 60% direct-to-consumer store penetration, underpinning long-term growth in its retail segment.