La-Z-Boy reported third quarter (Q3) sales of USD 541.59 million, up 4%. GAAP operating margin for the quarter was 5.5%, while adjusted operating margin reached 6.1%. GAAP diluted earnings per share $(EPS)$ were USD 0.52, and adjusted diluted EPS stood at USD 0.61. Net income attributable to shareholders was USD 21.65 million on a GAAP basis and USD 25.10 million on an adjusted basis. The Retail segment saw total written sales increase 11%, while written same-store sales declined by 4%. CEO Melinda D. Whittington commented that strong third quarter results reflect continued growth in both Retail and Wholesale segments, partially offset by a decline in Joybird sales, with January showing the strongest same-store sales trends except for weather-related slowdowns late in the month.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. La-Z-Boy Incorporated published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602171615PRIMZONEFULLFEED9656180) on February 17, 2026, and is solely responsible for the information contained therein.