La-Z-Boy (LZB) Q1 Earnings Miss Estimates

Company Performance - La-Z-Boy reported quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.53 per share, and down from $0.62 per share a year ago, representing an earnings surprise of -11.32% [1] - The company posted revenues of $492.23 million for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 0.39%, but down from $495.53 million year-over-year [2] - Over the last four quarters, La-Z-Boy has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Market Performance - La-Z-Boy shares have lost about 12% since the beginning of the year, while the S&P 500 has gained 9.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.72 on revenues of $533.1 million, and for the current fiscal year, it is $3.17 on revenues of $2.16 billion [7] Industry Outlook - The furniture industry, to which La-Z-Boy belongs, is currently in the bottom 9% of the Zacks industry rankings, indicating potential challenges ahead [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact La-Z-Boy's stock performance [5][6]