La-Z-Boy LZB Q1 2027 earnings

“During our first quarter, we continued to gain share and drive momentum in our Retail segment, where we control the full end-to-end consumer experience. We delivered strong sales growth across both delivered and written sales, and I'm particularly pleased to highlight growth across all three strategic pillars of same-store sales, new store expansion, and acquisitions of independent dealers, all while expanding operating margin. Our 3% written same-store sales growth was driven by excellence in execution across marketing, product innovation, and in-store inspiration, despite a continued challenging backdrop for our industry. This momentum demonstrated that our iconic La-Z-Boy brand, disproportionately growing our Retail business, and our predominantly U.S. based supply chain continue to be competitive advantages in an uneven consumer environment.”