Earnings Feed

OLLI

Consumer

Adjusted EBITDA grew 26% to $94 million, with EBITDA margin expanding 90 basis points to 13.8%.
Adjusted net income was $61 million, with adjusted EPS up 26.9% to $0.99 for the quarter.
Capital expenditures totaled $26 million, primarily for new store openings and build-outs of acquired stores.
Gross margin improved by 200 basis points to 39.9%, exceeding expectations due to lower supply chain costs and higher merchandise margins.
Inventory levels increased 20% year-over-year, reflecting accelerated store growth and higher in-transit inventory.
Net sales increased 18% to $680 million, driven by new store openings and 5% comparable store sales growth.
SG&A expenses rose 60 basis points to 25.8%, mainly from higher medical and casualty claims and increased store labor costs.

LZB

Consumer

Adjusted operating margin was 4.8%, down due to retail margin compression from fixed cost de-leverage and new store investments.
Consolidated sales for Q1 2026 were $492 million, down 1% year-over-year.
GAAP diluted EPS was $0.44; adjusted EPS was $0.47.
Joybird sales declined 20%, with stronger performance in physical stores than online.
Operating cash flow was strong at $36 million; cash balance stood at $319 million with no external debt.
Retail adjusted operating margin declined to 6.3% from 10.3% due to same-store sales de-leverage and new store investments.
Retail segment delivered sales increased 2%, driven by new and acquired stores.
Wholesale segment sales grew 1%, led by core North American La-Z-Boy Wholesale business.

DBI

Consumer

Adjusted diluted EPS was $0.34, up from $0.29 last year, despite a slight decline in adjusted net income to $16.7 million from $17.1 million.
Adjusted operating expenses decreased by over $14 million year over year, achieving 350 basis points of leverage compared to Q1.
Brand portfolio sales declined 23.8%, driven by lower internal sales, but external wholesale sales grew 7%.
Canadian retail sales were flat year over year with comps down 0.6%, showing sequential improvement and turning positive in July.
Comparable sales were down 5%, a 280 basis point improvement from Q1 comps.
Gross margin was 43.7%, down 30 basis points year over year but leveraged 70 basis points from Q1.
Total sales declined 4.2% year over year to $739.8 million in Q2 2025, improving sequentially from an 8% decline in Q1.
U.S. retail comps declined 4.9%, improving from Q1, with total sales down 4.8%.