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La-Z-Boy Incorporated

NYSE•LZB
CEO: Ms. Melinda D. Whittington
Sector: Consumer Cyclical
Industry: Furnishings, Fixtures & Appliances
Listing Date: 1973-02-21
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States, Canada, and internationally. It operates through Wholesale and Retail segments. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. It also licenses La-Z-Boy brand name on various products; and operates Joybird, an e-commerce retailer and manufacturer of upholstered furniture. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is headquartered in Monroe, Michigan.
Contact Information
One La-Z-Boy Drive, Monroe, MI, 48162-5138, United States
734-242-1444
www.la-z-boy.com
Market Cap
$1.51B
P/E (TTM)
18.0
19.1
Dividend Yield
2.5%
52W High
$43.27
52W Low
$29.03
52W Range
54%
Rank31Top 21.6%
5.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2026 Data

Revenue

$541.59M+0.00%
4-Quarter Trend

EPS

$0.53+0.00%
4-Quarter Trend

FCF

$72.34M+0.00%
4-Quarter Trend

2026 Q3 Earnings Highlights

Key Highlights

Consolidated Sales Growth Consolidated Sales reached $541.6M USD in Q3, marking 3.8% growth. Nine months sales grew 1.2% to $1.56B USD.
Strong Operating Cash Flow Operating cash flow provided $175.7M USD for nine months. This is $50.4M higher than the prior year period.
Retail Segment Sales Increase Retail segment sales increased 10.7% in Q3 to $251.9M USD. Growth driven by recent store acquisitions.
Net Income Decline Net income attributable to LZB fell 18.8% for nine months to $68.7M USD. Basic EPS was $1.67 USD.

Risk Factors

Gross Margin Compression Gross margin compressed 120 basis points in Q3 due to higher distribution costs and UK closure severance.
Inventory Impairment Charge Recorded $3.0M impairment charge on Casegoods inventory held for sale, reducing Q3 gross margin.
Retail SG&A Pressure Retail segment SG&A increased due to fixed cost deleverage from lower delivered same-store sales performance.
UK Business Closure UK manufacturing closure incurred $3.4M severance expense, impacting Wholesale segment gross margin significantly.

Outlook

Century Vision Strategy Focus Driving growth via Century Vision strategy, focusing on La-Z-Boy brand, omni-channel, and Joybird profitable growth.
Adequate Liquidity Position Liquidity remains adequate; no borrowings outstanding under $200M Credit Facility as of period end.
Capital Expenditure Forecast Anticipate full year 2026 capital expenditures to be in the $80M USD to $90M USD range.
Casegoods Disposal Timeline Anticipate remaining Casegoods disposal group assets substantially disposed of by end of fiscal 2026.

Peer Comparison

Revenue (TTM)

ARCO stock ticker logoARCO
$4.82B
+7.9%
LEG stock ticker logoLEG
$3.95B
-8.3%
MLKN stock ticker logoMLKN
$3.80B
+5.6%

Gross Margin (Latest Quarter)

GOOS stock ticker logoGOOS
61.8%
+1.1pp
ETD stock ticker logoETD
59.3%
+0.6pp
SBH stock ticker logoSBH
52.6%
+0.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ARCO$1.84B7.932.6%57.2%
TILE$1.67B13.316.7%22.8%
LZB$1.51B18.08.1%50.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.7%
Flat Growth
4Q Net Income CAGR
13.2%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Jun 16, 2026
|
EPS:$0.83
|
Revenue:$569.23M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data