La-Z-Boy Incorporated
Rank #91DeclineLZB · NYSE · Consumer Cyclical
La-Z-Boy Incorporated (LZB) — Rank #91 by gross profitability (GP/assets 0.47) · ROE 10.1% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0000057131 · all metrics point-in-time as of the filing date.
About
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States and internationally.
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The company operates through Wholesale and Retail segments. Its 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 Stores, operators of La-Z-Boy Comfort Studio and branded space locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other home furnishing accessories to the end consumer through its retail stores. It licenses La-Z-Boy brand name on various products; and operates Joybird, an omni-channel, direct to consumer retailer and manufacturer of upholstered furniture, as well as sells to the end consumer primarily online through its www.joybird.com website and small-format stores in key markets. 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.
- Industry
- Furnishings, Fixtures & Appliances
- Sector
- Consumer Cyclical
- State
- MI
- Filer Category
- Large accelerated filer
- Fiscal Year End
- April 24
- Website
- la-z-boy.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2023-04-29filed 2023-06-20 | 2022-04-30filed 2022-06-21 | 2021-04-24filed 2021-06-15 | 2020-04-25filed 2020-06-23 |
|---|---|---|---|---|
| Revenue | 2,349.4 | 2,356.8 | 1,734.2 | 1,704.0 |
| Revenue growth (YoY) | -0.3% | 35.9% | 1.8% | -2.4% |
| Cost of revenue | 1,340.7 | 1,440.8 | 994.0 | 982.5 |
| Gross profit | 1,008.7 | 916.0 | 740.3 | 721.4 |
| Gross margin | 42.9% | 38.9% | 42.7% | 42.3% |
| Selling, general & administrative | 797.3 | 709.2 | 603.5 | 575.8 |
| Research & development | 9.1 | 9.0 | 7.6 | 10.8 |
| Operating income | 211.4 | 206.8 | 136.7 | 118.8 |
| Operating margin | 9.0% | 8.8% | 7.9% | 7.0% |
| Interest income | 6.7 | 1.3 | 1.1 | 2.8 |
| Pre-tax income | 205.8 | 205.5 | 145.9 | 115.2 |
| Income tax expense | 53.8 | 53.2 | 38.4 | 36.2 |
| Net income | 150.7 | 150.0 | 106.5 | 77.5 |
| Net margin | 6.4% | 6.4% | 6.1% | 4.5% |
| EPS (basic) | $3.49 | $3.41 | $2.31 | $1.67 |
| EPS (diluted) | $3.48 | $3.39 | $2.30 | $1.66 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?