La-Z-Boy Incorporated Reports First Quarter Results; Led By Retail And Wholesale Delivered Sales Growth And Wholesale Margin Expansion; Retail Written Sales Up 5%
Fiscal 2026 First Quarter Highlights: Retail segment written sales increased 5%Retail segment delivered sales increased 2% Added two storesAnnounced 15-store acquisition, which is expected to close in late October Wholesale segment delivered sales increased 1% Successful transition of our Arizona distribution center to new West Coast centralized hub GAAP operating margin of 4.5% and adjusted(1) operating margin of 4.8%GAAP diluted EPS of $0.44 and adjusted(1) diluted EPS of $0.47Generated $36 million in ope ...