Filing Flows › La-Z-Boy (LZB) › Q2 FY26
La-Z-Boy (LZB) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Nov 18, 2025
La-Z-Boy (LZB) reported revenue of $522M for the second quarter fiscal 2026 (Q2 FY26), +0.3% from a year earlier and +6% from the quarter before. Operating margin was 6.9%, net earnings $29.0M (5.5% of revenue).
La-Z-Boy, Q2 FY26: revenue $522M (+0.3% year over year), operating margin 6.9%, net earnings $29.0M, operating cash flow $50.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $522M | +6% | +0.3% |
| Gross profit | $231M | +10% | +0.2% |
| Operating profit | $36.2M | +65% | -7% |
| Net earnings | $29.0M | +58% | -3% |
| Operating cash flow | $50.0M | +38% | +214% |
| Free cash flow | $29.6M | +66% | — |
What changed
Revenue was $522.5M in Q2 FY26, roughly flat year over year and up 6% from the previous quarter.
Gross margin was 44.2%, unchanged from a year earlier. Operating profit was $36.2M, a 6.9% margin (down 0.5 points year over year). Operating profit fell $2.6M even though revenue rose $1.5M versus a year earlier, so costs grew faster than sales. Operating expenses grew 2% against flat revenue. Net earnings were $28.9M, down 4% year over year. The effective tax rate was 26.7%.
Operating cash flow was $50.0M (up 214% year over year), 173% of net earnings. Non-cash charges added back $11.8M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items added $4.4M. Capital expenditures of $20.5M left free cash flow of $29.6M.
Questions
What was La-Z-Boy's revenue in the second quarter fiscal 2026?
La-Z-Boy (LZB) reported revenue of $522M for the second quarter fiscal 2026 (Q2 FY26), +0.3% from a year earlier and +6% from the quarter before.
Was La-Z-Boy profitable in the second quarter fiscal 2026?
Operating profit was $36.2M (6.9% of revenue) and net earnings $29.0M.
Source: La-Z-Boy 10-Q on SEC EDGAR.