La-Z-Boy Incorporated

La-Z-Boy Incorporated

LZB
La-Z-Boy IncorporatedUS flagNew York Stock Exchange
30.46
USD
+0.76
- -
1.22BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
26.11
28.09
30.39
31.36
33.85
37.27
36.72
37.71
53.54
54.45
47.74
50.7
51.89
51.81
Basic EPS, GAAP
1.06
1.39
1.58
1.77
1.73
1.46
1.67
2.32
3.41
3.49
2.86
2.39
2.49
2
Free Cash Flow per Basic Share
1.75
1.71
2.28
3.05
2.47
3.22
3.54
6.74
1.79
4.75
3.69
4.5
4.98
4.51
Dividend per Share
0.2
0.29
0.36
0.43
0.47
0.5
0.54
0.36
0.63
0.69
0.76
0.84
0.93
0.95
Book Value per Share
10.04
10.33
11.09
12.17
13.08
14.54
15.28
17.05
18.82
21.74
23.63
24.79
26.02
25.3
Tangible Book Value per Share
9.68
9.92
10.16
10.26
11.09
9.94
11.15
12.51
13.51
16.1
17.47
18.56
18.07
17.18
Basic Weighted Avg Shares
52
51
50
48
47
47
46
46
44
43
43
42
41
41
Sales/Revenue/Turnover
1,357
1,425
1,525
1,520
1,584
1,745
1,704
1,734
2,357
2,349
2,047
2,109
2,127
2,110
Operating Margin (%)
6.58
7.24
8.22
8.77
8.17
7.43
8.55
7.88
8.77
9
7.37
7.42
7.01
5.93
Depreciation Expense
23
22
27
29
32
31
99
99
113
117
125
124
132
136
Net Income, GAAP
55
71
79
86
81
69
77
106
150
151
123
100
102
81
Effective Tax Rate (%)
34.28
34.99
35.25
33.47
36.69
26.42
31.42
26.31
25.87
26.17
24.81
31.39
25.86
25.39
Profit Margin (%)
4.06
4.97
5.2
5.65
5.11
3.93
4.55
6.14
6.37
6.41
5.99
4.72
4.8
3.86
Working Capital
355
322
325
319
337
302
276
314
276
379
400
385
344
298
LT Debt
- -
- -
1
- -
- -
- -
270
295
355
368
405
410
476
452
Total Equity
530
533
557
601
625
697
716
782
820
952
1,013
1,032
1,063
1,026
Return on Invested Capital (%)
11.7
12.72
14.97
15.38
13.4
14.47
11.01
8.92
12.84
11.83
7.87
7.14
7.05
6.05
Return on Capital (%)
10.43
13.05
14.26
14.76
13.12
10.3
8.43
9.37
12.39
11.31
8.36
6.53
6.44
5.22
Return on Common Equity (%)
10.94
13.53
14.8
15.11
13.45
10.59
11.2
14.44
18.94
17.19
12.61
9.84
9.85
8.03

Capital Structure

FRC

•

in mil. unless spec.
Jan'26
Apr'26
Jul'27
ST Debt
89
89
89
LT Borrowings
- -
- -
- -
LT Finance Leases
480
476
452
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
40
40
Market Capitalization
1,490
1,402
1,577

Working Capital

FRC

•

in mil. unless spec.
Jan'26
Apr'26
Jul'27
Total Current Assets
809
774
746
Cash, Cash Equivalents & STI
306
303
267
Accounts Receivable, Net
124
131
118
Inventories
235
218
234
Total Current Liabilities
488
430
448
Payables & Accruals
399
185
359
ST Debt
89
89
89
Deferred Revenue
- -
113
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.75%
6.44%
2.97%
Free Cash Flow
22.5%
17.93%
8.99%
Net Income, GAAP
4.41%
1.27%
2.44%
Sales/Revenue/Turnover
4%
5.32%
0.83%
Total Cash Common Dividend
10.01%
20.05%
8.56%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
496
521
522
571
2,109
2026
492
522
542
570
2,127
2027
476
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.62
0.72
0.69
0.36
2.39
2026
0.44
0.7
0.53
0.82
2.49
2027
-0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.2
0.2
0.22
0.22
0.84
2026
0.22
0.22
0.24
0.24
0.93
2027
0.24
- -
- -
- -
- -

Company Description

CEO
Melinda D. Whittington
Full Time Employees
10,200
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Address
One La-Z-Boy Drive Monroe MI United States of America 48162-5138
IPO Date
Feb 21, 1973
Business
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes and retails upholstery furniture products in the United States, Canada and internationally; its core offerings include recliners, motion sofas, sectionals, stationary sofas, chairs, lift-recliner chairs, mattresses and casegoods such as entertainment centers and occasional tables; the company operates through two segments, Wholesale, which produces and sells upholstered furniture to La-Z-Boy Furniture Galleries stores and other retailers, and Retail, which sells directly through company-owned stores and licensed dealers. Founded in 1927 and headquartered in Monroe, Michigan, La-Z-Boy maintains manufacturing facilities in North America, an innovation center in Dayton, Tennessee, and a network of approximately 370 Furniture Galleries stores, including 220 company-owned locations following recent expansions. The company targets residential consumers seeking customizable, comfort-focused home furnishings and emphasizes sustainability through LEED-certified facilities and reduced environmental impact operations. In recent developments, La-Z-Boy completed its largest independent retail acquisition in 2025 by purchasing a 15-store network from Atlanta Furniture Galleries in Georgia, Florida and Tennessee, adding approximately $80 million in annual retail sales and increasing company-owned stores to 220; it opened the first of three centralized distribution hubs in Arizona as part of a multiyear Century Vision network redesign to cut square footage by 30%, reduce inventory mileage by 20% and double delivery radius to 150 miles; additionally, the company announced plans to exit non-core businesses including Kinid and Drew casegoods along with Kinid upholstery and to close its UK manufacturing facility.

Company News

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  • La-Z-Boy Director Janet Kerr Sells 3,653 Shares for $116,000

  • La-Z-Boy Incorporated (LZB) Q1 2027 Earnings Call Transcript

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  • La-Z-Boy Incorporated $LZB Shares Acquired by Allspring Global Investments Holdings LLC