La Z Boy
Furniture · Michigan, United States · 10K+ Employees
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Overview
Headquarters
1 Lazboy Dr, Monroe, Michigan, 48162, Un...Phone Number
(734) 242-1444Website
www.la-z-boy.comRevenue
$2.1 BillionStock Symbol
LZBIndustry
ZI Rank: 1
Signal Type
Mar
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Aug
ZI Rank
2
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1
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About La Z Boy
La-Z-Boy Incorporated is a globally recognized furniture manufacturer and retailer known for delivering comfort-focused products that enhance homes and communities. With a legacy that began with the invention of the iconic recliner, the company has evolved into a vertically integrated organization that designs, manufactures, and sells a wide range of upholstered and casegoods furniture. Its operations span both retail and wholesale segments, allowing it to serve customers through company-owned stores, a broader network of branded galleries, e-commerce platforms, and multiple retail channels. In addition to its flagship brand, the company includes several well-known furniture brands that offer diverse styles and customization options to meet varying consumer preferences.Explore more
La Z Boy Org Chart
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Company Profile Activity
Activity Insights
La Z Boy is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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La Z Boy is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about La Z Boy.
La Z Boy Tech Stack
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Most Recent Scoops
Earnings
La Z Boy has reported an effective income tax rate on a GAAP basis of a 45.8% benefit for the quarter, compared to a 25% expense in the prior period, impacted by one-time non-deductible supply chain optimization charges and tax benefits from stock award vesting and state refunds, with a normalized full-year effective income tax rate expected in the range of 26% to 27%.
Earnings, Finance, Tax
Earnings
La Z Boy has reported consolidated adjusted gross margin increased 290 basis points versus the prior year Q1, driven by a shift in consolidated mix toward the higher-margin Retail segment and favorable tariff impacts including IEEPA refunds, while adjusted SG&A as a percent of sales increased 380 basis points due to the higher fixed cost structure of the Retail segment and fixed cost deleverage on lower wholesale and Joybird delivered sales volumes.
Earnings, Finance
Earnings
La Z Boy has reported Q1 wholesale segment delivered sales decreased 9% to $323 million on a reported basis, or down 5% adjusting for the casegoods divestiture, with adjusted operating margin declining to 6.8% from 7.5% in the prior year, driven by fixed cost deleverage on lower delivered volume, partially offset by a 240 basis point favorable tariff impact including IEEPA refunds and pricing actions net of tariff costs.
Earnings, Finance
Earnings
La Z Boy has reported Q1 Joybird delivered sales of $27 million, down 4% on lower delivered sales volume, with Corporate and Other adjusted operating loss increasing versus the prior year primarily due to expense deleverage on lower Joybird delivered sales, as the company is in the process of fully integrating Joybird into its existing US plant network.
Earnings, Sales, Finance
Earnings
Earnings, Spending/Investment, Share Placement, Finance
La Z Boy News & Media
La-Z-Boy Director Janet Kerr Sells 3,653 Shares for $116,000
Kerr executed the sale under a predetermined Rule 10b5-1 trading plan adopted in March, retaining 4,125 shares worth $130,638.Interactive Brokers highlighted as Zacks Bull and La-Z-Boy Bear of the Day
Interactive Brokers highlighted as Zacks Bull and La-Z-Boy Bear of the DayLa-Z-Boy (LZB) Q1 2027 Earnings Call Transcript
Retail sales surged 16%, but wholesale and Joybird headwinds pressured margins.
Read more news
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La-Z-Boy Incorporated is a globally recognized furniture manufacturer and retailer known for delivering comfort-focused products that enhance homes and communities. With a legacy that began with the invention of the iconic recliner, the company has evolved into a vertically integrated organization that designs, manufactures, and sells a wide range... Read More
