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Get filing alertsRisk Profile Improvements
- Goodwill Impairment (new) — La-Z-Boy recorded a $20M goodwill impairment on Joybird, signaling the digital-native brand faces acute pressure from the current macro environment
La-Z-Boy reports 11% retail sales growth, 50 bps margin gain, $20M Joybird impairment
Filed June 16, 2026 · Period ending June 16, 2026 · ~1 min read
Key Changes
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high
Recorded $20M goodwill impairment on Joybird business due to macroeconomic pressures disproportionately impacting its consumer base
Exhibit 99.1 verify on EDGAR → -
high
Q4 retail written sales up 11% year-over-year; same-store sales down 2% but improved sequentially and outperformed industry, with momentum accelerating in April-May
Exhibit 99.1 verify on EDGAR → -
high
Q4 adjusted operating margin improved 50 bps to 9.9%; adjusted diluted EPS $1.26 (vs. $0.92 prior year), including $0.16 favorable tax benefit
Exhibit 99.1 verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Generated by AI · Jun 29, 2026 1:14 AM