La‑Z‑Boy Inc. (NYSE:LZB) to Report Q2 Earnings on Tuesday, Nov. 18
La‑Z‑Boy Inc., a manufacturer and retailer of upholstered home furniture, is scheduled to release its second‑quarter 2026 earnings after the closing bell on Tuesday, November 18. Analysts anticipate the company will report earnings per share of $0.54, a decline from $0.71 in the comparable period a year earlier. Revenue is expected to total $517.6 million, slightly below the $521.0 million recorded in the same quarter last year.
Earnings Outlook
- EPS: Consensus estimate of $0.54 per share, down from $0.71 in Q2 2025.
- Revenue: $517.6 million, modestly lower than the $521.0 million recorded in Q2 2025.
- Guidance: No new guidance has been issued; analysts will adjust expectations once the report is released.
The company’s recent first‑quarter results, announced on August 19, were worse than market expectations, leading to a temporary dip in investor sentiment. Market analysts are monitoring whether La‑Z‑Boy can rebound in Q2 and restore profitability.
Market Context
- Stock Price (Nov. 16): $29.34, close to the 52‑week low of $29.31.
- 52‑Week Range: $48.31 high to $29.31 low, reflecting recent volatility.
- Market Capitalization: $1.25 billion.
- PE Ratio: 13.93, indicating a moderate valuation relative to peers in the consumer discretionary sector.
The broader equity market experienced a decline on the day of the earnings announcement, with the Dow Jones Industrial Average falling over 300 points and the S&P 500 dropping 0.37%. Consumer discretionary stocks, which include La‑Z‑Boy, fell by 1 % in early trading, while consumer staples shares gained 0.5 %.
Industry Trends
- The global furniture market was valued at $556.3 billion in 2023 and is projected to reach $840.5 billion by 2034, growing at a CAGR of 4.0 % from 2024 to 2034.
- Smart furniture and home‑decor accessories, such as coasters, are driving innovation and new product development.
These macro‑economic and sectoral developments provide context for La‑Z‑Boy’s performance. Investors will evaluate whether the company can capitalize on the expanding smart‑furniture segment while navigating the competitive landscape.
Key Takeaways
- EPS and revenue expectations are below year‑ago levels, signaling potential earnings pressure.
- The stock has traded near its 52‑week low, indicating tight upside potential before earnings release.
- Market sentiment toward consumer discretionary stocks was negative on the earnings day, reflecting broader economic concerns.
- Industry growth in smart furniture may offer future upside if La‑Z‑Boy effectively leverages this trend.
Stakeholders should monitor the earnings report for guidance on future growth prospects and any adjustments to dividend or share‑repurchase policies.
