La-Z-Boy Expands Retail Network, Forecasts $2.65 EPS for 2026

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: Jan 07 2026

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BSET+0.69%

LZB+0.64%

MLKN+2.9%

Should l Buy BSET?

Source: NASDAQ.COM

Retail Expansion: La-Z-Boy is enhancing its market scale and achieving immediate sales and profit growth by adding 15 new stores in the Southeast, demonstrating proactive positioning in a competitive furniture market.
Portfolio Optimization: The company is focusing on its core North American upholstery business by exiting non-core operations, which is expected to lift margins and strengthen its competitive edge, particularly among younger consumers.
Improving Sales Trends: La-Z-Boy is experiencing improving written sales trends and strong wholesale performance, which are anticipated to drive future revenue growth, despite overall furniture demand being impacted by a weak housing market.
Earnings Forecast Upgrade: Analysts have raised their earnings estimate for La-Z-Boy's fiscal 2026 from $2.46 to $2.65 per share, reflecting market optimism regarding the company's future growth prospects.

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About BSET

Bassett Furniture Industries, Incorporated is a retailer, manufacturer and marketer of branded home furnishings. Its products are sold through a network of Company-owned and licensee-owned branded stores under the Bassett Home Furnishings (BHF) name. Its segments include Wholesale and Retail-Company-owned stores. The Wholesale segment is involved in the design, manufacturing and sourcing of furniture products that are distributed through its BHF store network (both Company-owned and licensee-owned stores) and various independent retailers. The Retail-Company-owned stores segment consists of 58 BHF stores that provide consumers with a friendly and casual environment for buying furniture and accessories. The BHF stores feature custom order furniture, free in-home or virtual design visits (home makeovers) and coordinated decorating accessories. It also has a traditional wholesale business with more than 700 accounts on the open market, across the United States and internationally.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Bassett Furniture Reports Revenue Decline Amid Market Challenges

Apr 02 2026Yahoo Finance

Revenue Decline: Bassett Furniture reported total consolidated revenue of $80.3 million, a 2.2% decrease, reflecting weak residential market activity and adverse weather impacting both retail and wholesale sales, which may hinder future sales growth.
Margin Compression: Gross margin fell to 56.2%, an 80 basis point decline from the previous year, primarily due to delayed tariff cost adjustments, which negatively impacted profitability and is expected to exert ongoing pressure on second-quarter profits.
Strategic Marketing Shift: The company successfully extended its President's Day promotional event to three weeks, driving retail sales growth, with double-digit increases in written orders in the latter half of February, indicating potential for improved sales in the upcoming quarter.
E-commerce Growth: Bassett experienced a 28% increase in e-commerce orders and a 130% rise in conversion rates, demonstrating significant progress in its digital transformation efforts, which are expected to further enhance market share in the future.

Bassett Furniture Q1 Earnings Miss Expectations

Apr 01 2026seekingalpha

Earnings Performance: Bassett Furniture reported a Q1 GAAP EPS of $0.13, missing expectations by $0.04, indicating pressure on profitability that could undermine investor confidence.
Revenue Decline: The company generated $80.3 million in revenue for Q1, a 2.3% year-over-year decrease that fell short of expectations by $3.64 million, reflecting challenges from weak market demand and increased competition.
Market Environment Challenges: Despite a more than 7% increase in retail and wholesale sales in Q4, Bassett faces headwinds that could impact its growth strategy, making the effectiveness of future initiatives critical to performance.
Future Outlook: In its Q4 2025 earnings call, Bassett outlined a growth strategy for 2026, emphasizing adaptability in adverse market conditions, which demonstrates the company's confidence and potential for recovery.

Bassett Furniture Q4 Earnings Report Analysis

Feb 04 2026seekingalpha

Earnings Miss: Bassett Furniture reported a Q4 GAAP EPS of $0.18, missing expectations by $0.11, indicating challenges in profitability that could impact investor confidence.
Revenue Growth: The company achieved Q4 revenue of $88.66 million, reflecting a 5.2% year-over-year increase and exceeding market expectations by $1.76 million, suggesting some sales growth potential despite the earnings miss.
Market Reaction: The earnings miss may pressure the stock price in the short term, prompting investors to monitor the company's future profitability improvement measures and market strategies closely.
Analyst Ratings: Despite the current earnings pressure, Seeking Alpha's quant rating remains optimistic about Bassett Furniture, indicating confidence in the company's long-term growth potential.