La-Z-Boy Incorporated Reports Solid Second Quarter Results; Advances Largest Ever Retail Acquisition And Transformative Strategic Initiatives

Fiscal 2026 Second Quarter Highlights: Delivered sales of $522 million, up slightly from prior year periodRetail segment written sales increased 4% Same-store sales trends improved sequentiallyOpened five new company-owned stores (and closed three); opened 15 new stores in the last 12 months (and closed five) Wholesale segment delivered sales increased 2% Consolidated two additional distribution centers as part of distribution and home delivery transformation GAAP operating margin of 6.9% and adjusted(1) op ...