La-Z-Boy (LZB) Lags Q4 Earnings Estimates

Core Insights - La-Z-Boy reported quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $0.93 per share, and down from $0.95 per share a year ago, representing an earnings surprise of -1.08% [1] - The company posted revenues of $570.87 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.21% and up from $553.53 million year-over-year [2] - La-Z-Boy shares have declined approximately 10.7% year-to-date, contrasting with the S&P 500's gain of 2.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.64 on revenues of $502.4 million, and for the current fiscal year, it is $3.23 on revenues of $2.16 billion [7] - The estimate revisions trend for La-Z-Boy is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Furniture industry is currently in the top 38% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Bassett Furniture, another company in the same industry, is expected to report quarterly earnings of $0.15 per share, reflecting a year-over-year change of +179%, with revenues projected at $81.2 million, down 2.7% from the previous year [9]