Retail and Wholesale Sales Growth
The Retail segment delivered sales increased by 2% and written sales by 5%. The Wholesale segment saw delivered sales grow by 1% led by growth in the core North American La-Z-Boy Wholesale business.
Strategic Expansion
La-Z-Boy opened 2 new company-owned Furniture Galleries and announced a 15-store acquisition in the Southeast U.S., marking the largest acquisition in the company's history.
Strong Operating Cash Flow
The company generated a strong operating cash flow of $36 million for the quarter.
Strong Balance Sheet
La-Z-Boy maintained a robust balance sheet with $319 million in cash and no external debt.
Recognition as Top Retailer
La-Z-Boy was named by Newsweek as one of America's Best Retailers in 2025, ranking #1 in the furniture category for the first time.
Supply Chain Transformation
La-Z-Boy successfully transitioned to a new Arizona distribution center, part of a multiyear project to transform the distribution network and improve supply chain agility.