La-Z-Boy Incorporated reported fiscal 2026 third quarter results with sales of $542 million, up 4% year-over-year, GAAP operating margin of 5.5%, and adjusted diluted EPS of $0.61. The company provided fourth quarter guidance of $560-580 million in sales and 7.5-9.0% adjusted operating margin, alongside progress on strategic initiatives including store expansions and divestitures.
Key takeaways
Q3 FY2026 sales $541,588 thousand, up 4% from $521,777 thousand prior year
GAAP diluted EPS $0.52 vs $0.68 prior year; adjusted $0.61 vs $0.68
Retail segment delivered sales up 11% to $252 million; written sales up 11%