Consolidated Sales Growth
La-Z-Boy reported consolidated delivered sales of $522 million, marking a 4% increase compared to the previous year.
Retail Segment Success
The retail segment saw an 11% increase in sales, driven by same-store sales growth, acquisitions, and new store openings.
Joybird Sales Increase
Joybird experienced a 9% increase in delivered sales and achieved breakeven operating profit for the quarter.
Operating Margin Expansion
Non-GAAP operating margin increased by 20 basis points year-over-year, reaching 6.8%.
Strategic Acquisitions
La-Z-Boy opened three new company-owned stores and acquired two independent stores, with plans to acquire two more.
Recognition for Responsible Practices
La-Z-Boy was named in Newsweek's 2025 list of America's responsible companies, acknowledging its commitment to responsible manufacturing.