La-Z-Boy Misses Q1 Earnings, Revenue Estimates, Issues Soft Guidance, Shares Tumble

La-Z-Boy Inc (NYSE:LZB) shares are tanking on Tuesday after the company reported financial results for the first quarter of fiscal 2026 after the market close. Here's a rundown of the report.

See the continuing LZB story here.

Q1 Highlights: La-Z-Boy reported first-quarter revenue of $492.22 million, missing analyst estimates of $494 million, according to Benzinga Pro. The company reported first-quarter adjusted earnings of 47 cents per share, missing estimates of 55 cents per share.

Consolidated sales decreased 1% on a year-over-year basis. Total written sales for ...