La-Z-Boy (NYSE:LZB – Get Free Report) is expected to be issuing its Q1 2027 results after the market closes on Tuesday, August 18th. Analysts expect La-Z-Boy to announce earnings of $0.4933 per share and revenue of $501.44 million for the quarter. Investors can find conference call details on the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Wednesday, August 19, 2026 at 8:30 AM ET.
La-Z-Boy (NYSE:LZB – Get Free Report) last posted its quarterly earnings results on Tuesday, June 16th. The company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.44. La-Z-Boy had a return on equity of 11.97% and a net margin of 4.80%.The company had revenue of $570.34 million for the quarter, compared to analysts’ expectations of $569.23 million. During the same quarter in the prior year, the company earned $0.36 earnings per share. The firm’s revenue was down .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 Down 1.6%
LZB stock opened at $41.46 on Tuesday. The firm has a 50-day moving average of $39.41 and a two-hundred day moving average of $36.78. The firm has a market capitalization of $1.66 billion, a PE ratio of 16.79, a P/E/G ratio of 1.29 and a beta of 1.27. La-Z-Boy has a one year low of $29.03 and a one year high of $44.90.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on LZB
Insider Buying and Selling at La-Z-Boy
In other news, insider Terrence James Linz sold 2,500 shares of La-Z-Boy stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $40.23, for a total value of $100,575.00. Following the completion of the sale, the insider directly owned 64,383 shares of the company’s stock, valued at approximately $2,590,128.09. This trade represents a 3.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michael Adam Leggett sold 9,000 shares of La-Z-Boy stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $41.66, for a total value of $374,940.00. Following the completion of the sale, the senior vice president owned 47,551 shares of the company’s stock, valued at approximately $1,980,974.66. The trade was a 15.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 66,299 shares of company stock worth $2,677,491 over the last 90 days. Company insiders own 3.12% of the company’s stock.
Institutional Investors Weigh In On La-Z-Boy
Several large investors have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in La-Z-Boy by 11.1% during the 1st quarter. Royal Bank of Canada now owns 16,056 shares of the company’s stock worth $628,000 after buying an additional 1,598 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in La-Z-Boy by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,836 shares of the company’s stock valued at $971,000 after acquiring an additional 769 shares in the last quarter. Norges Bank acquired a new position in La-Z-Boy in the 2nd quarter worth $404,000. Arrowstreet Capital Limited Partnership bought a new position in La-Z-Boy during the 2nd quarter worth about $736,000. Finally, EverSource Wealth Advisors LLC raised its stake 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 valued at $33,000 after purchasing an additional 670 shares during the period. Institutional investors own 99.62% of the company’s stock.
La-Z-Boy Company Profile
La-Z-Boy Incorporated (NYSE: LZB) is a leading U.S. manufacturer and marketer of residential furniture, best known for its upholstered recliners, sofas, stationary chairs and sleeper sofas. The company offers a broad range of products in both fabric and leather, complemented by occasional tables, desks, lamps and other home furnishings through its branded retail network.
Founded in 1927 by cousins Edward Knabusch and Edwin Shoemaker in Monroe, Michigan, La-Z-Boy pioneered the modern reclining chair.
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