La-Z-Boy, Inc. (LZB)
NYSEConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
$32.76+2.57%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
QuarterlyIQ Insights · LZB
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance dropped from the top half to the bottom half of its industry over the past month — the reason to own it has weakened.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -10.8% |
| Our one-year growth estimate | diamond | 1.5% |
Growth built into the price is above our model estimate.
The price assumes 12.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 15 industry peers · Company calendar date is not available
LZB — earnings miss
Dated 2026-08-18
Results of Operations and Financial Condition. On August 18, 2026, La-Z-Boy Incorporated (the “Company”) issued a news release to report the Company’s financial results for the fiscal quarter ended July 25, 2026. A copy of the news release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Why it matters: Same-store sales trends show how existing stores perform. A decline could signal deeper issues.
Worry ifSame-store sales are negative for two quarters in a row.
Less concerning ifSame-store sales are now positive year over year. This shows recovery.
Why it matters: News about this exit could explain its effect on profits and operations.
Watch forThey announced a completed exit from Joybird with a clear financial effect.
Also watch forNo updates or delays in the exit process.
Why it matters: This margin range reflects how well La-Z-Boy is controlling costs while growing sales. It shows operational efficiency.
Watch forAdjusted operating margin is between 4.0% and 5.5%. This shows good cost management.
Also watch forAdjusted operating margin is below 4.0%. This means costs are rising or there are inefficiencies.
Why it matters: A big drop in operating margin may mean rising costs or problems in operations.
Worry ifOperating margin for Q1 is below 4.0%.
Less concerning ifOperating margin for Q1 exceeds 5.5%.
Why it matters: Updates on this closure will show how well La-Z-Boy is handling changes.
Watch forConfirmation that the U.K. facility closure is on schedule with no major issues.
Also watch forThere are reports of delays or problems with the closure process.
Why it matters: A drop in revenue growth could signal a change in the sector's growth phase. This would impact La-Z-Boy's performance in the consumer discretionary market.
Worry ifRevenue growth reported below the median for the sector in the next earnings report.
Less concerning ifRevenue growth remains at or above the median for the sector.
Why it matters: Lower sales guidance may show ongoing problems in retail. This could affect growth.
Worry ifSales guidance for Q1 is confirmed at $490 million or lower.
Less concerning ifSales guidance for Q1 exceeds $510 million.
Why it matters: Updates on this project show how La-Z-Boy is improving delivery and efficiency. Success can boost margins.
Supportive ifManagement says key phases of the distribution project are done.
Worry ifMore delays or cost increases are reported. This shows challenges.
Why it matters: Updates on this program show that management believes in the company's future. It shows they want to give value back to shareholders.
Supportive ifManagement reports progress on the share buyback program. This means they are buying back a lot of shares.
Worry ifNo updates or signs of buybacks from the program.
Why it matters: A drop below this level would signal weaker growth and could raise concerns about the retail segment's momentum.
Worry ifQ1 sales reported below $490 million.
Less concerning ifQ1 sales reported above $510 million.
Why it matters: Better same-store sales mean stronger consumer demand. It also shows good retail strategies.
Supportive ifSame-store sales improved to above -2% for two quarters in a row.
Worry ifSame-store sales continue to decline or remain at -2% or worse.
Why it matters: Joybird's performance affects total revenue. A drop might mean market problems.
Worry ifJoybird sales are improving. This reverses the recent drop.
Less concerning ifJoybird sales continue to decline year over year.
Why it matters: These trends show if La-Z-Boy can maintain momentum in its retail segment. Positive trends can signal strong consumer demand.
Supportive ifSame-store sales show positive growth in April and May.
Worry ifSame-store sales decline or remain flat in April and May.
Why it matters: This shows La-Z-Boy's commitment to returning value to investors. It reflects financial health and confidence in future growth.
Supportive ifCash returned to shareholders is over $35 million. This shows strong capital use.
Worry ifCash returned to shareholders is less than $35 million. This may mean there are financial problems.
Why it matters: This guidance shows how management views the retail environment. Strong guidance may signal confidence in growth.
Supportive ifQ2 sales guidance meets or exceeds $520 million.
Worry ifQ2 sales guidance falls below $500 million.
Why it matters: This metric shows how well retail is doing. Strong same-store sales mean good execution and demand.
Supportive ifWritten same-store sales growth exceeds 3% in the next quarter.
Worry ifWritten same-store sales growth is below 3%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$133 on $10,000 · ±1.3% | How much price usually moves either way. |
| Bad day | $292 loss on $10,000 · 2.9% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,575 loss on $10,000 · 25.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.