La-Z-Boy (LZB) Expected to Release Quarterly Earnings on Tuesday

La-Z-Boy (NYSE:LZB) is expected to be announcing its Q2 2027 results after the market closes on Tuesday, November 17th. Analysts expect the company to post earnings of $0.4767 per share and revenue of $506.65 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2027 earnings report for the latest details on the call scheduled for Wednesday, November 18, 2026 at 8:30 AM ET.

La-Z-Boy (NYSE:LZB) last posted its quarterly earnings data on Tuesday, August 18th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.06). La-Z-Boy had a net margin of 3.86% and a return on equity of 11.79%. The firm had revenue of $475.69 million during the quarter, compared to analysts’ expectations of $501.44 million. During the same quarter in the prior year, the firm posted $0.47 EPS. La-Z-Boy’s quarterly revenue was down 3.4% compared to the same quarter last year. On average, analysts expect La-Z-Boy to post $2.53 EPS for the current fiscal year and $2.87 EPS for the next fiscal year.

La-Z-Boy Trading Up 3.1%

LZB opened at $32.72 on Tuesday. The stock’s 50-day moving average price is $30.41 and its 200 day moving average price is $35.14. La-Z-Boy has a 12-month low of $28.39 and a 12-month high of $44.90. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 1.19 and a beta of 1.25.

La-Z-Boy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Thursday, September 3rd were given a $0.2420 dividend. This represents a $0.97 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, September 3rd. La-Z-Boy’s payout ratio is currently 49.24%.

Insiders Place Their Bets

In other La-Z-Boy news, Director Janet Kerr sold 3,653 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $31.75, for a total transaction of $115,982.75. Following the sale, the director owned 4,125 shares in the company, valued at $130,968.75. This represents a 46.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Sundy, II sold 5,000 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $30.85, for a total value of $154,250.00. Following the completion of the sale, the insider directly owned 59,297 shares in the company, valued at $1,829,312.45. This represents a 7.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.12% of the company’s stock.

Analysts Set New Price Targets

LZB has been the topic of a number of recent research reports. Weiss Ratings lowered shares of La-Z-Boy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Wall Street Zen lowered shares of La-Z-Boy from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. KeyCorp dropped their price objective on shares of La-Z-Boy from $46.00 to $40.00 and set an “overweight” rating for the company in a report on Thursday, August 20th. Finally, Zacks Research raised shares of La-Z-Boy from a “strong sell” rating to a “hold” rating in a research note on Monday, October 19th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.50.

About La-Z-Boy

La-Z-Boy Incorporated designs, manufactures, markets and sells residential furniture, including recliners, sofas, chairs and other upholstered products, as well as selected casegoods such as bedroom and dining furniture. Its brands include La-Z-Boy, Joybird, England, Kincaid and American Drew.

Founded in 1927 by cousins Edwin Shoemaker and Edward Knabusch, the company grew from their development of an early reclining chair. La-Z-Boy is headquartered in Monroe, Michigan, and sells its products through company-operated stores, independent retailers and online channels, primarily serving customers in North America.

Melinda D.