La-Z-Boy Incorporated

La-Z-Boy Incorporated reported Q3 2026 results for the period ending January 24, 2026, with sales of $541.6 million, gross profit of $233.5 million, and operating income of $29.8 million. Net income attributable to La-Z-Boy was $21.6 million, or $1 per diluted share, on 41.5 million shares. The company generated robust net cash from operating activities of $175.7 million, despite net cash used in investing activities of $137.7 million including $86.4 million in acquisitions and $56.7 million in capital expenditures, and $61.0 million used in financing activities primarily for $27.1 million in stock repurchases and $28.1 million in dividends. Balance sheet remains strong with $306.1 million in cash equivalents, total current assets of $808.7 million against $487.5 million current liabilities, and total shareholders' equity of $1.04 billion. Total assets stood at $2.09 billion. No prior period comparisons are disclosed in the filing. Strong cash generation supports ongoing investments and shareholder returns, positioning La-Z-Boy for strategic growth amid retail furniture market dynamics.

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