La-Z-Boy Reports First Quarter Results, Retail Sales Increase

La-Z-Boy Incorporated has reported its first-quarter financial results for fiscal year 2027, indicating continued momentum in its retail operations. The company's written sales within the retail segment increased by 16 percent.

Sales in comparable stores grew by three percent, driven by increases in design sales, conversion rates, and average ticket value. Sales from retail deliveries also saw a 10 percent rise.

The company further reported an improvement in its retail operating margin, both on a GAAP and adjusted basis, compared to the prior year. While specific figures were not detailed, the company highlighted enhanced profitability from its retail business.

The results suggest La-Z-Boy is capitalizing on consumer demand in the furniture market, particularly through its direct-to-consumer channels. The reported figures point to a successful execution of its retail strategy.