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La-Z-Boy LZB Retail — Gain on sale of business
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Where this comes from
Reported directly by La-Z-Boy in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnSaleOfBusiness.
The source filing: La-Z-Boy’s 10-K, filed June 16, 2026.
- Filed
- Jun 16, 2026, 4:19 PM EDT
- Fiscal year
- FY2026
- Accession
- 0000057131-26-000019
During the third quarter of fiscal 2026, the Company committed to a plan to sell and leaseback buildings and related fixed assets of four retail stores. During the fourth quarter of fiscal 2026, we completed the sale of these assets and recognized a gain of $7.6 million, in selling, general, and administrative expense within the Retail segment.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
FAQ
- What is La-Z-Boy's retail — gain on sale of business?
- La-Z-Boy (LZB) reported retail — gain on sale of business of $7.6M in Q1 2026.
- What does retail — gain on sale of business mean?
- Represents the net profit realized from the divestiture of a business unit, subsidiary, or specific retail asset within the segment. This metric highlights non-operating income generated through strategic portfolio optimization and capital recycling efforts.
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