Filing Flows › La-Z-Boy (LZB) › Q4 FY25
La-Z-Boy (LZB) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jun 17, 2025
La-Z-Boy (LZB) reported revenue of $571M for the fourth quarter fiscal 2025 (Q4 FY25), +3% from a year earlier and +9% from the quarter before. Operating margin was 5.2%, net earnings $14.9M (2.6% of revenue).
La-Z-Boy, Q4 FY25: revenue $571M (+3% year over year), operating margin 5.2%, net earnings $14.9M, operating cash flow $62.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $571M | +9% | +3% |
| Gross profit | $251M | +9% | +5% |
| Operating profit | $29.5M | -16% | -41% |
| Net earnings | $14.9M | -47% | -62% |
| Operating cash flow | $62.0M | +9% | +17% |
| Free cash flow | $39.3M | +3% | +5% |
What changed
Revenue was $570.9M in Q4 FY25, up 3% year over year and up 9% from the previous quarter.
Gross margin was 44.0%, up 0.6 points from a year earlier. Operating profit was $29.5M, a 5.2% margin (down 3.9 points year over year). Operating profit fell $20.6M even though revenue rose $17.3M versus a year earlier, so costs grew faster than sales. Operating expenses grew 17% against revenue growth of 3%. Net earnings were $14.9M, down 62% year over year. The effective tax rate was 52.1%.
Operating cash flow was $62.0M (up 17% year over year), 404% of net income including minority interests. Non-cash charges added back $11.6M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $31.0M. Capital expenditures of $22.7M left free cash flow of $39.3M.
Questions
What was La-Z-Boy's revenue in the fourth quarter fiscal 2025?
La-Z-Boy (LZB) reported revenue of $571M for the fourth quarter fiscal 2025 (Q4 FY25), +3% from a year earlier and +9% from the quarter before.
Was La-Z-Boy profitable in the fourth quarter fiscal 2025?
Operating profit was $29.5M (5.2% of revenue) and net earnings $14.9M.
Source: La-Z-Boy 10-K on SEC EDGAR.