La-Z-Boy

Director Janet Kerr sold 3,653 La-Z-Boy shares on Sept. 8, 2026 for a weighted average price of $31.75, generating roughly $116,000. The sale was executed under a Rule 10b5-1 trading plan adopted March 12, 2026; after the transaction she directly holds 4,125 shares (about 0.0103% of outstanding stock). The company has a market capitalization of about $1.3 billion and recent trading prices were slightly below the execution level. » More on finance.yahoo.com

La-Z-Boy reported adjusted EPS of $0.43 and revenue of $476 million for Q1 of fiscal 2027, with both metrics missing analysts' expectations. Weakness in wholesale, declining sales at Joybird and higher costs from supply-chain projects pressured margins; adjusted operating margin fell to 3.9%. Retail showed positive momentum with delivered sales up 10%, but the stock fell about 17% in premarket trading. Management emphasizes further investments in store growth, digital tools and supply-chain rebuilds and expects Q2 revenue of $500–520 million with an adjusted operating margin of 4–5.5%. » More on de.investing.com

La-Z-Boy shares fell 16.5% in after-hours trading to $34.09 after the release of results for the first fiscal quarter of 2027, which even missed the company’s own reduced consensus estimates. Management had already signaled near-term headwinds in wholesale and the Joybird brand, as well as uneven B2B demand. The quarter is seasonally the weakest of the year, which amplified the disappointment among investors. The decline was company-specific; the broader market was virtually unchanged. » More on de.investing.com