Expectations trend
FY2028 · fiscal year ending 2028-04-25 · fmp
La-Z-Boy, Inc. (LZB)
NYSEConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-11-04
$32.62-1.33%
Close 2026-11-05 · 1-day change
NYSEConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
2.81 → 2.81 EPS · FY ending Apr 25, 2028 · 2 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 2 to 2; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for LZB yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Return $85 million to shareholders in 2026 | The company returns $85 million to shareholders in 2026. | Intact | capital returned falls below $50 million | Required source inputs unavailable Cannot calculate Cash returned to shareholders from the available matching source inputs. Missing inputs are not treated as zero. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-04-25 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
LZB is an established retailer with a multi-year view that depends on expanding its store base and improving operations. Management is on track with those priorities, but the thesis is in a watch state because recent performance has trailed its industry cohort and momentum has weakened.
The valuation evidence describes LZB as cheap versus peers, with a negative expectations gap, meaning expectations appear lower than the model’s fundamental view. The valuation tag is justified and fragility is low, but confidence in the overall evidence is medium.
Near term, retail written sales growth and modest margin improvement show progress, while recent performance is neutral and company momentum has weakened. Consecutive earnings misses and the possibility of a guidance cut are risks, despite the estimated miss risk being described as low. Over the multi-year view, store expansion and supply-chain work are important sources of potential operating improvement.
The near-term setup depends partly on the next guidance update and on whether sector bellwethers continue to report strong results. Repeated misses or weaker sector signals would challenge the thesis, while continued store growth and margin progress would support it. Evidence on these forward scenarios is limited.
Over the next 1 to 3 years, LZB’s thesis has support from retail expansion and operational progress, but weaker momentum, recent earnings misses, and sector sensitivity keep execution in focus. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| Cost cuts improve distribution and delivery efficiency. |
| Intact |
| distribution revamp stalls or reverses progress |
Qualitative condition This condition has no defined numerical measure. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Operating margin improves to about 7.2% in 2026-Q2 | A primary condition in La-Z-Boy, Inc.'s published investment case. The stated target is >=7.2% operating margin. | Broken | operating margin falls below 5.2% | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 3 supplied quarters. Management reported: “We expect adjusted operating margin (2) in the range of 4.0-5.5%, reflecting near-term investments and friction costs as we drive our core La-Z-Boy Retail and Wholesale businesses with investments in new stores, advertising, strategic pricing, and digital transformation, while also optimizing our plant footprint and driving our distribution and home delivery transformation.”” “These actions continue to optimize our enterprise to drive sustainable sales growth and margin expansion even against the current macroeconomic backdrop.” Delivery assessment Nov 4, 2026 |
Retail segment sales grow about 11% each quarter | La-Z-Boy grows retail sales about 11% each quarter. | Broken | retail segment sales growth falls below 7% YoY | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 3 supplied quarters. Management reported: “Delivered sales grew 10%, GAAP and adjusted operating margin expanded to 6.4% and 6.5%, respectively, and total written sales for the Retail segment were up 16% versus a year ago.” “Our company-owned stores now total 230 across North America, an all-time high of 61% of our total network, and are a key pillar of our Century Vision strategy to grow La-Z-Boy brand reach.”” Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$3.30 → $2.81 · observed estimates
$2.24B → $2.16B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-07-25 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-07-26 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-07-27 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-07-28 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-07-29 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-07-30 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-07-31 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-01 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-02 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-03 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-04 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-05 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-06 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-07 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-08 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-09 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-10 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-12 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-13 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-14 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-15 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-16 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-17 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-18 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-19 | $3.30 | $2,239,890,333 | 3 / 3 |
| 2026-08-20 | $3.01 | $2,194,331,000 | 3 / 2 |
| 2026-08-21 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-22 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-23 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-24 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-25 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-26 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-27 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-28 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-29 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-30 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-08-31 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-01 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-02 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-03 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-04 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-05 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-06 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-07 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-08 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-09 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-10 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-11 | $2.81 | $2,162,898,333 | 3 / 2 |
| 2026-09-12 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-13 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-14 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-15 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-16 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-17 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-18 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-19 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-20 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-21 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-22 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-23 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-24 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-25 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-26 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-27 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-28 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-29 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-09-30 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-01 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-02 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-03 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-04 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-05 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-06 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-07 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-08 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-09 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-10 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-11 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-12 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-13 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-14 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-15 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-16 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-17 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-18 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-19 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-20 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-21 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-22 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-23 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-24 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-25 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-26 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-27 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-28 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-29 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-30 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-10-31 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-11-01 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-11-02 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-11-03 | $2.81 | $2,162,898,333 | 2 / 2 |
| 2026-11-04 | $2.81 | $2,162,898,333 | 2 / 2 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 1 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Nov 17, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earnings4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.