
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
$1.45B
P/E (TTM)
17.3
27.2
Dividend Yield
2.6%
52W High
$46.73
52W Low
$29.03
52W Range
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)
$4.56B
$4.06B
MLKN$3.75B
Gross Margin (Latest Quarter)
74.0%
ETD60.9%
51.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TILE | $1.84B | 16.2 | 20.6% | 29.3% |
| ARCO | $1.84B | 7.5 | 41.8% | 57.8% |
| CRI | $1.55B | 17.0 | 10.4% | 47.7% |
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
Research & Insights
Next earnings:Jun 16, 2026
EPS:$0.88
|Revenue:-
Reports
Financials
News
All Years
Form 10-Q - Q3 2026
Period End: Jan 24, 2026|Filed: Feb 17, 2026|Revenue: $541.59M+0.0%|EPS: $0.53+0.0%MissForm 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%Beat