
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
Market Cap
$1.56B
P/E (TTM)
17.3
21.2
Dividend Yield
2.4%
52W High
$48.31
52W Low
$29.03
52W Range
Rank35Top 21.9%
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: 2015-2024
Financial Dashboard
Q2 2026 Data
Revenue
$522.48M+0.28%
4-Quarter Trend
EPS
$0.70-2.78%
4-Quarter Trend
FCF
$29.57M-2535.42%
4-Quarter Trend
2026 Q2 Earnings Highlights
Key Highlights
Wholesale Sales Growth Wholesale external sales reached $518.9M (Six Months), up 1.1% driven by strategic pricing and surcharge actions.
Strong Operating Cash Flow Net cash provided by operating activities was $86.3M (Six Months), an increase of $18.1M compared to prior year.
Retail Margin Compression Retail operating margin fell to 8.6% (Six Months), decreasing 290 basis points due to fixed cost deleverage.
Improved Cash Position Cash and equivalents totaled $338.5M as of October 25, 2025, slightly improving liquidity from period start.
Risk Factors
Consolidated Margin Decline Operating margin decreased 130 basis points to 5.7% (Six Months) due to higher supply chain and overhead costs.
Retail Demand Slowdown Retail written same-store sales decreased 2% due to lower delivered volume amid challenging macroeconomic environment.
Wholesale Gross Margin Wholesale gross margin decreased 40 basis points (Six Months) from increased distribution costs and manufacturing overhead.
Outlook
Century Vision Strategy Execution Executing strategy focused on La-Z-Boy brand reach expansion and fueling profitable growth for the Joybird brand.
Capital Spending Forecast Full year fiscal 2026 capital expenditures are expected to be in the range of $90M to $100M for transformation.
Recent Retail Acquisition Acquired 15 stores and four distribution centers; expecting to integrate results starting in the third quarter fiscal 2026.
Credit Facility Extended Amended Credit Facility maturity extended to July 1, 2030, supporting liquidity for growth plans and operations.
Peer Comparison
Revenue (TTM)
$4.56B
$4.17B
MLKN$3.75B
Gross Margin (Latest Quarter)
62.4%
ETD61.4%
LZB44.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TILE | $1.65B | 14.6 | 20.6% | 29.3% |
| ARHS | $1.65B | 22.4 | 19.9% | 41.5% |
| LZB | $1.56B | 17.3 | 8.8% | 25.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.0%
Moderate Growth
4Q Net Income CAGR
0.5%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 17, 2026
EPS:$0.59
|Revenue:$535.47M
Reports
All Years
Form 10-Q - Q2 2026
Period End: Oct 25, 2025|Filed: Nov 18, 2025|Revenue: $522.48M+0.3%|EPS: $0.70-2.8%BeatForm 10-Q - Q1 2026
Period End: Jul 26, 2025|Filed: Aug 19, 2025|Revenue: $492.23M-0.7%|EPS: $0.44-29.0%MissForm 10-K - FY 2025
Period End: Apr 26, 2025|Filed: Jun 17, 2025|Revenue: $2.11B+3.0%|EPS: $2.39-16.4%BeatForm 10-Q - Q3 2025
Period End: Jan 25, 2025|Filed: Feb 18, 2025|Revenue: $521.78M+4.3%|EPS: $0.69+3.0%BeatForm 10-Q - Q2 2025
Period End: Oct 26, 2024|Filed: Nov 19, 2024|Revenue: $521.03M+1.9%|EPS: $0.72+14.3%BeatForm 10-Q - Q1 2025
Period End: Jul 27, 2024|Filed: Aug 20, 2024|Revenue: $495.53M+2.9%|EPS: $0.62-3.1%MeetForm 10-K - FY 2024
Period End: Apr 27, 2024|Filed: Jun 17, 2024|Revenue: $2.05B-12.9%|EPS: $2.86-18.1%BeatForm 10-Q - Q3 2024
Period End: Jan 27, 2024|Filed: Feb 20, 2024|Revenue: $500.41M-12.6%|EPS: $0.67-9.5%Miss