La-Z-Boy Incorporated (NYSE: LZB) reported fiscal 2027 first-quarter sales of $475.7 million, down 3% from a year earlier, and a GAAP net loss attributable to the company of $2.3 million, or $0.06 per diluted share. The quarter ended July 25, 2026.
Retail delivered sales rose 10% to $229 million, while total Retail written sales increased 16% and written same-store sales grew 3%. Wholesale sales declined 9% to $323 million on a reported basis.
- GAAP operating loss was $2.1 million, compared with operating income of $22.0 million a year earlier.
- Retail GAAP operating margin was 6.4%, compared with 6.3% in the prior-year quarter.
- Cash and cash equivalents totaled $267.3 million at quarter-end, with no external debt.
- The company returned $34.8 million to shareholders through $25.1 million in repurchases and $9.7 million in dividends.
- La-Z-Boy expects fiscal second-quarter sales of $500 million to $520 million.
$LZB Insider Trading Activity
$LZB insiders have traded $LZB stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $LZB stock by insiders over the last 6 months:
- MELINDA D WHITTINGTON (President & CEO) has made 0 purchases and 2 sales selling 34,003 shares for an estimated $1,366,482.
- RAPHAELL Z. RICHMOND (VP, GC & Chief Compliance Off) sold 13,671 shares for an estimated $544,533
- MICHAEL ADAM LEGGETT (Sr VP & Chief Supply Chain Off) has made 0 purchases and 2 sales selling 11,200 shares for an estimated $456,317.
- JENNIFER LYNN MCCURRY (Chief Accounting Officer) sold 3,410 shares for an estimated $138,453
- TERRENCE JAMES LINZ (President, Wholesale Brands) sold 2,500 shares for an estimated $100,577
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$LZB Hedge Fund Activity
We have seen 144 institutional investors add shares of $LZB stock to their portfolio, and 125 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NOMURA ASSET MANAGEMENT INTERNATIONAL INC. removed 891,880 shares (-97.8%) from their portfolio in Q2 2026, for an estimated $35,782,225
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 710,171 shares (+inf%) to their portfolio in Q2 2026, for an estimated $28,492,060
- FIRST TRUST ADVISORS LP removed 426,888 shares (-73.4%) from their portfolio in Q2 2026, for an estimated $17,126,746
- AQR CAPITAL MANAGEMENT LLC added 278,260 shares (+108.1%) to their portfolio in Q2 2026, for an estimated $11,163,791
- FRANKLIN RESOURCES INC removed 272,295 shares (-16.3%) from their portfolio in Q2 2026, for an estimated $10,924,475
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 232,922 shares (-32.4%) from their portfolio in Q2 2026, for an estimated $9,344,830
- NORDEA INVESTMENT MANAGEMENT AB removed 229,449 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $9,205,493
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$LZB Congressional Stock Trading
Members of Congress have traded $LZB stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $LZB stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 03/12.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
