32.65
+2.90%
Close of 9 Nov 2026, in USD
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About La-Z-Boy
From its filings with the US Securities and Exchange Commission
La-Z-Boy is based in Monroe, Michigan and is incorporated in Michigan. Its shares trade on NYSE under the ticker LZB. The SEC classifies its business as household furniture. In the fiscal year to 25 April 2026, it reported revenue of $2.13bn and net income of $102.0m. At that date it held total assets of $2.04bn and shareholders' equity of $1.05bn.
Edward M. Knabusch and Edwin J. Shoemaker started Floral City Furniture in 1927, and in 1928 the newly formed company introduced its first recliner. In 1941, we were incorporated in the state of Michigan as La-Z-Boy Chair Company, and in 1996 we changed our name to La-Z-Boy Incorporated. Today, our La-Z-Boy brand is one of the most recognized brands in the furniture industry.
During fiscal 2026 we also operated an upholstery manufacturing business in the United Kingdom and as of the end of fiscal 2026, production and operations in this business have ceased.
We also participate in two consolidated joint ventures in Thailand that support our international businesses: one that operates a manufacturing facility and another that operates a wholesale sales office. Additionally, we have contracts with several suppliers in Asia to produce products that support our pure import model for Hammary®casegoods and as of May 29, 2006, a supply arrangement with the acquirer of the Kincaid®and American Drew® wholesale businesses to support our continued retail of Kincaid® and American Drew®casegoods.
Our reportable operating segments include the Retail segment and the Wholesale segment. Our Retail segment primarily sells upholstered furniture, in addition to some casegoods and other home furnishing accessories, to end consumers through our company-owned La-Z-Boy Stores.
Quoted from its 10-K, filed 16 Jun 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Household Durables
- Listed since
- 20 Aug 1987
- Employees
- 10,200
- Website
- la-z-boy.com ↗
- Head office
- ONE LA-Z-BOY DRIVE, MONROE, MI, 48162
- Incorporated in
- MI
- Classification
- Household Furniture
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Ms. Melinda WhittingtonChairman of the Board, President, Chief Executive Officer, since 2018$6.7m
- Mr. Taylor LuebkeSenior Vice President, Chief Financial Officer$952,566
- Mr. Terrence LinzPresident - Wholesale Brands$1.4m
- Mr. Robert SundyPresident - Retail$1.4m
- Mr. Michael LeggettSenior Vice President, Chief Supply Chain Officer$1.4m
- Mr. Michael LawtonLead Independent Director$356,605
- Ms. Erika AlexanderIndependent Director$244,998
- Mr. Matthew BaerIndependent Director$123,996
- Mr. William BoorIndependent Director
- Mr. Raza HaiderIndependent Director$243,096
- Ms. Janet KerrIndependent Director$305,775
- Mr. Mark LavigneIndependent Director$242,951
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 69
- Environment
- 62
- Social
- 76
- Governance
- 68
- Direct emissions (scope 1)
- 44,081.1 t
- Energy emissions (scope 2)
- 35,466 t
- Value chain emissions (scope 3)
- 450,646 t
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- La-Z-Boy Inc has established a strong brand presence in the furniture industry, known for its high-quality and comfortable products.
- The company has a wide range of furniture offerings, including recliners, sofas, and chairs, catering to diverse customer preferences.
- La-Z-Boy enjoys a significant market share, benefitting from economies of scale and strong distribution channels.
Weaknesses
- La-Z-Boy heavily relies on the US market, making it vulnerable to fluctuations in the domestic economy and consumer spending patterns.
- The company's pricing strategy, which focuses on premium products, may limit its market reach and appeal to price-sensitive customers.
- La-Z-Boy faces strong competition from both domestic and international furniture manufacturers, requiring continuous innovation and differentiation.
Opportunities
- Expanding into emerging markets, such as Asia and Latin America, offers growth potential for La-Z-Boy, as these regions experience rising disposable incomes and consumer demand for quality furniture.
- The growing trend of remote work and home offices presents an opportunity for La-Z-Boy to develop ergonomic and comfortable office furniture solutions.
- La-Z-Boy can leverage technology advancements to enhance customer experience, such as incorporating smart features in their furniture designs.
Threats
- Changes in consumer preferences and design trends may impact La-Z-Boy's product relevance, requiring the company to adapt quickly to stay competitive.
- Volatility in raw material prices, such as wood and upholstery fabrics, can pose challenges to La-Z-Boy's cost management and profitability.
- Trade tariffs or political instability affecting international trade could disrupt La-Z-Boy's global supply chain and increase manufacturing costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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