| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 85 | 15.5x | 17.8x | Top tier | |
Growth | 20 | 0.2% | 7.1% | Bottom tier | |
Quality | 58 | 4.1% | 4.5% | Around median | |
Safety | 70 | 2.5x | 2.6x | Top tier | |
Capital Return | 80 | 2.56% | 2.12% | Top tier | |
Momentum | 38 | 14.1% | 2.9% | Bottom tier | |
Sentiment | 33 | 3 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
La-Z-Boy Incorporated designs, manufactures, and markets home furnishings, with a primary focus on customizable upholstered furniture. The company generates revenue through its company-owned Retail segment, its Wholesale segment, which supplies independent La-Z-Boy stores and multi-brand retailers, and Joybird, which is included under Corporate and Other. In Q1 fiscal 2027, the company owned 234 stores within a network of approximately 380 stores in North America, and its products were available at more than 1,400 Comfort Studio locations and dedicated brand spaces.
Revenue for Q1 fiscal 2027 was approximately $475.7 million, with gross profit of $208.7 million, equivalent to a gross margin of approximately 43.9%, while the company recorded a net loss of $2.3 million and GAAP earnings per share of negative $0.06. On an adjusted basis, operating income was $19 million, operating margin was 3.9%, and diluted earnings per share were $0.43, compared with analyst estimates of $0.48. Delivered Retail segment revenue was $229 million with an adjusted operating margin of 6.5%, compared with $323 million for Wholesale at a margin of 6.8%, while Joybird generated revenue of $27 million.
Consolidated sales declined 3% as reported in Q1 fiscal 2027 and 1% after excluding the impact of the exit from the Casegoods business. A 10% increase in delivered Retail sales partially offset a 9% decline in Wholesale as reported and a 5% decline after adjusting for the exit, while Joybird delivered sales fell 4% and written sales declined 17%. For fiscal 2026, La-Z-Boy generated revenue of $2.1 billion, gross profit of $936.6 million, net income of $102 million, and earnings per share of $2.47.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is “Buy,” with an average price target of $40 and identical high and low targets of $40; this uniformity means there is no range illustrating differences among estimates, while the target is approximately 10.9% below the 52-week range high of $44.90 and approximately 37.8% above its low of $29.03. News dated August 18, 2026, indicates a price-to-earnings ratio of 17.1 times, a valuation that should be weighed against the sales contraction, the decline in adjusted operating margin to 3.9%, and the Q2 fiscal 2027 growth forecast of between negative 1% and positive 2%.
Figures in the text are as of 2026-09-02; the live price is shown at the top of the page.
Consolidated sales were $475.7 million, down 3% as reported and 1% after excluding the impact of the Casegoods exit. Delivered Retail sales increased 10% to $229 million, but Wholesale sales declined 9% to $323 million and Joybird delivered sales fell 4% to $27 million. As a result of weaker volumes and restructuring costs, the company recorded a net loss of $2.3 million and GAAP earnings per share of negative $0.06, while adjusted earnings per share were $0.43.
Retail growth in Q1 fiscal 2027 combined acquisitions, store openings, and organic improvement. Written sales increased 16%, while written same-store sales grew 3%, indicating a contribution from the existing base alongside expansion. The company added one new store and three acquired stores, bringing the total number of company-owned stores to 234, and signed an agreement to acquire two stores in Louisiana that it expects to close in October 2026.
Joybird's written sales declined 17% in Q1 fiscal 2027, and delivered sales fell 4% to $27 million, with the chief financial officer describing it as a drag on group results. La-Z-Boy is transferring Joybird manufacturing to its U.S. plant network by the end of fiscal 2027 to make a larger portion of the cost variable rather than fixed within a standalone plant. Management emphasized that improving profitability also requires optimizing the marketing and investment mix and managing costs, in addition to a less volatile demand environment.
The company expects sales of between $500 million and $520 million, equivalent to growth ranging from negative 1% to positive 2% after excluding the impact of the Casegoods exit. It expects an adjusted operating margin of between 4% and 5.5%, with pressure from investments, friction costs, and the non-recurrence of a 110-basis-point dealer warranty benefit in the comparable period. The company entered the period with a strong Wholesale order backlog and strong Retail written sales, but maintained a cautious outlook due to demand volatility and the continuing drag from Joybird.
The company ended Q1 fiscal 2027 with $267 million in liquidity and no externally funded debt and generated $16 million in operating cash flow. It invested $39 million in its business, including $23 million in capital expenditures and $16 million to acquire three stores. During the same period, it returned $35 million to shareholders, while expecting capital expenditures of between $90 million and $110 million during fiscal 2027.
