La-Z-Boy now sees Q1 revenue at low end of $490M-$510M range

Consensus $502.56M. Sees Q1 adjusted operating margin at low end of 5.5%-7% range. The company said, “Separately, in light of the increasingly challenging consumer and macro environment, the company now expects its fiscal first quarter sales and adjusted operating margin to be around the low end of the ranges in the previously-issued outlook for the period ending July 26, 2025.”