La-Z-Boy Incorporated expects Q2 revenue to be between $510.0M and $530.0M. The company is a global producer of reclining chairs and manufacturer/distributor of residential furniture in the United States, with segments including Wholesale and Retail. The Wholesale segment manufactures and imports furniture and sells to La-Z-Boy Furniture Galleries stores, while the Retail segment sells upholstered furniture and home furnishings to end consumers through company-owned stores.
La-Z-Boy Incorporated, a leading global producer of reclining chairs and manufacturer/distributor of residential furniture in the United States, is set to release its Q2 earnings report this Tuesday. The company expects Q2 revenue to be between $510.0M and $530.0M, reflecting a 1% year-on-year decline from the previous quarter's $570.9M in revenues [1]. This decline is primarily attributed to a 1% decrease in the Wholesale segment, offset by a 2% increase in the Retail segment [2].
The Wholesale segment, which manufactures and imports furniture for La-Z-Boy Furniture Galleries stores, experienced a 1% decline in sales. Conversely, the Retail segment, which sells upholstered furniture and home furnishings to end consumers through company-owned stores, saw a 2% increase in delivered sales [2]. Despite the overall revenue decline, La-Z-Boy's Wholesale segment managed to expand its operating margin by 1% to 4.8% on an adjusted basis, indicating operational efficiency [3].
La-Z-Boy's peers in the home furnishings sector have reported mixed results. Purple's revenues decreased by 12.6% year-on-year, while Mohawk Industries reported flat revenue, exceeding estimates by 2.2% [2]. This varied performance underscores the sector's resilience and potential for growth.
Analysts have maintained a positive outlook on La-Z-Boy, with most expecting the company to stay the course heading into earnings. KeyBanc analyst Bradley Thomas upgraded La-Z-Boy to Overweight with a $46 price target, citing significant upside potential over a two- to three-year time horizon [1]. Despite recent share pullbacks, investors are encouraged to focus on La-Z-Boy's fundamentals and long-term growth prospects.
La-Z-Boy's strong brand, vertically integrated business model, and robust balance sheet position it well to navigate near-term headwinds and benefit from future industry tailwinds. The company's recent acquisition of a 15-store network in the Southeast region further highlights its commitment to growth and expansion [3].
In conclusion, La-Z-Boy Incorporated's Q2 earnings report is expected to provide insights into the company's performance amidst a challenging consumer environment. The company's revenue forecast, segment performance, and analyst upgrades suggest a resilient and growth-oriented position within the home furnishings sector.
References:
[1] https://intellectia.ai/news/stock/lazboy-lzb-q2-earnings-what-to-expect
[2] https://www.tradingview.com/news/stockstory:53166ed1f094b:0-la-z-boy-lzb-q2-earnings-what-to-expect/
[3] https://www.globenewswire.com/news-release/2025/08/19/3136035/0/en/La-Z-Boy-Incorporated-Reports-First-Quarter-Results-Led-By-Retail-And-Wholesale-Delivered-Sales-Growth-And-Wholesale-Margin-Expansion-Retail-Written-Sales-Up-5.html
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