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La-Z-Boy Reports Q4 2026 Results: Full Earnings Call Transcript - La-Z-Boy (NYSE:LZB)
— Ai Summary —
La-Z-Boy's fourth-quarter performance reinforces a retail-led growth narrative as the company reports a 9% rise in Q4 retail segment sales driven by acquisitions and new store openings, while wholesale sales declined slightly but margins improved. For the full fiscal year, consolidated sales reached $2.1 billion with a 6% increase in retail revenue and 15 net new stores opened, a record for the company. The results frame a stronger balance sheet and ongoing expansion plans, including Century Vision initiatives and Joybird partnerships, amid choppy consumer conditions.
AI-generated summary • Source: Benzinga • Read the full article for complete information.
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