LA-Z-BOY INC (LZB) La-Z-Boy Incorporated, a company founded in Monroe, Michigan, in 1927, is a leading entity in the furniture sector. Originally known as La-Z-Boy Chair Company, it adopted its current name in 1996. The corporation is engaged in the full spectrum of furniture operations, including the manufacturing, marketing, importing, exporting, distribution, and retail sales of upholstered furniture, casegoods, and accompanying accessories. Its market presence extends across the United States, Canada, and various international regions. The company's business model is structured into three main segments: Wholesale, Retail, and Corporate and Other. The Wholesale division is responsible for both producing and importing an extensive array of upholstered furniture items, such as recliners, motion sofas, loveseats, chairs, sectionals, modular units, ottomans, and sleeper sofas. Furthermore, it handles the importation, distribution, and sale of casegoods (wooden furniture), which encompass occasional pieces, bedroom suites, dining room sets, and entertainment centers. This segment supplies its diverse product line to various partners, including company-owned La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio and England Custom Comfort Center locations, along with independent dealers and other retailers. In contrast, the Retail segment focuses on direct-to-consumer sales, offering upholstered furniture, casegoods, and a variety of other home accessories. This is primarily achieved through its robust network of 161 company-owned La-Z-Boy Furniture Galleries stores. Lastly, the Corporate and Other segment manages the company's online sales channels, providing products directly through its website.
Sector: Household Furniture
Industry: Furnishings, Fixtures & Appliances
La-Z-Boy Incorporated NYSE:LZB Consumer Cyclical · Furnishings, Fixtures & Appliances
Mkt Cap $1.2B
Div Yield 3.23%
AH Close $29.98 +0.00% vs close
AH Close $29.98 +0.00% vs close
Mkt Cap $1.2B
Div Yield 3.23%
All Press Release SEC Filings News
Press Release
Consumer Insights Shape La-Z-Boy's Latest Innovations, Including The New PowerLift Chair Collection And AudioLuxe
La-Z-Boy introduced a broad range of new products at the October 2026 High Point Market, including an expanded PowerLift recliner collection with four new styles and the new AudioLuxe premium audio furniture line featuring Sound by Klipsch.
The introductions add opening-price-point seating, space-conscious motion furniture, sectionals, and occasional tables, extending the brand across more consumer segments and life stages.
New products will be available in La-Z-Boy stores beginning in early 2027; the release contains no financial figures or guidance changes, framing the lineup as supporting the company's Century Vision strategy.
• 4d ago AI analysis › Press Release
La-Z-Boy Incorporated Announces Additional New Store Openings And Acquisitions
La-Z-Boy completed its acquisition of two La-Z-Boy stores in New Orleans, LA, continuing a 12-month stretch in which it added 32 company-owned stores (14 new, 18 acquired) through fiscal 2027 Q1.
Company-owned store count reached an all-time high of 237 — more than 62% of its roughly 380-store network — and management targets ~10 new stores per year toward a long-term goal of 450 stores in the U.S. and Canada.
No deal terms or financial figures were disclosed; the release is an incremental operational update rather than a material financial event.
• 10d ago AI analysis › SEC Filing
LZB: 8-K · proxy statement
La-Z-Boy Incorporated held its 2026 Annual Meeting of Shareholders on August 25, 2026, with 37,517,123 of 40,011,207 eligible shares represented in person or by proxy. Shareholders elected all ten director nominees, each to serve a one-year term until the 2027 annual meeting, with no seats contested.
Shareholders ratified PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for fiscal year 2027, voting 36,640,250 in favor versus 796,962 against with 79,911 abstentions.
The non-binding advisory say-on-pay vote on named executive officer compensation passed with 34,505,041 shares for and 805,386 against. All proposals cleared with strong support, making this a routine governance filing with no new financial or strategic disclosures for LZB.
SEC 8-K • 1mo ago SEC Filing ⚠ 6
LZB: 10-Q · periodic report
La-Z-Boy reported a fiscal 2027 first-quarter net loss of $2.3 million, or $0.06 per diluted share, swinging from net income of $18.2 million ($0.44 per diluted share) a year ago, as consolidated sales declined 3.4% to $475.7 million.
The loss was driven largely by one-time items: roughly $17.3 million of supply chain optimization charges from closing its San Luis Rio Colorado upholstery plant and Joybird's Tijuana, Mexico manufacturing plant, plus a $4.1 million loss on terminating a non-qualified legacy retirement plan.
Retail was the bright spot, with segment sales up 10.3% to $228.6 million and written same-store sales up 3%, while the Wholesale segment's sales fell 8.5% and its operating margin contracted 500 basis points to 2.1%.
The company completed a $17.2 million acquisition of three independently owned La-Z-Boy Stores in the Gulf Coast region, repurchased $25.1 million of stock under a new $300 million authorization, and ended the quarter with $267.3 million in cash and no borrowings on its $200 million revolving credit facility.
SEC 10-Q • 2mo ago AI analysis › Press Release ⚠ 4
La-Z-Boy Incorporated Reports First Quarter Results; Retail Momentum With Positive Written Same-Store Sales
La-Z-Boy reported Q1 sales of $476 million, down 3% year-over-year, with consolidated GAAP diluted EPS of $(0.06) due to one-time charges from plant closures.
The Retail segment delivered strong momentum, with written same-store sales growing 3% and delivered sales increasing 10%, though this was partially offset by a 9% decline in Wholesale sales.
The company returned $35 million to shareholders via buybacks and dividends and issued guidance for fiscal Q2 sales of $500M-$520M with adjusted operating margin expected between 4.0% and 5.5%.
• 2mo ago AI analysis › Press Release
La-Z-Boy Incorporated Announces Timing of Fiscal 2027 First Quarter Earnings Release and Conference Call
La-Z-Boy Incorporated announced it will report fiscal 2027 first quarter results for the period ended July 25, 2026, after the market close on August 18, 2026.
The company will host its quarterly investor conference call at 8:30 a.m. Eastern Time on August 19, 2026.
The call will be webcast live on the company's investor relations website, with a telephone replay available for two weeks following the event.
• 2mo ago AI analysis › Press Release
La-Z-Boy™ and Kristin Juszczyk Team Up to Create This Season’s Must-Have Fan Cave Centerpiece: The Jer-Z-Boy
La-Z-Boy launched a marketing collaboration with fashion designer Kristin Juszczyk to introduce The Jer-Z-Boy, a custom recliner campaign designed for football fans.
The initiative includes a sweepstakes where fans can win a personalized recliner and $1,000 in store credit, with entries available online and at participating retail locations.
This promotion aims to boost store traffic during the Labor Day sales period and leverage the brand's free in-home design services.
• 2mo ago AI analysis › SEC Filing
LZB: DEF 14A · proxy statement
La-Z-Boy Incorporated filed its definitive proxy statement for the 2026 annual meeting to be held on August 25, 2026, requesting shareholder votes for the election of ten directors, the ratification of PricewaterhouseCoopers LLP as the independent auditor, and a non-binding advisory vote on executive compensation. The Board recommends voting 'FOR' all proposals, noting that the 2025 say-on-pay vote received approximately 93% support.
The company disclosed FY 2026 operational highlights, reporting consolidated sales of $2.1 billion, a 1% increase from the prior fiscal year. This growth was driven by a 6% increase in Retail segment sales, supported by the opening of 15 new company-owned stores and the acquisition of 15 independent stores, the largest such expansion in company history. The adjusted operating margin was 7.1%.
Governance disclosures confirm no related person transactions exceeding $120,000 and adherence to stock ownership guidelines requiring the CEO to hold shares valued at 5x salary. The Board engaged with shareholders representing approximately 63% of the outstanding common stock during the fiscal year to discuss strategy and compensation.
SEC DEF 14A • 3mo ago News
LZB Q4 Earnings Call Highlights Retail-Led Margin Momentum
zacks.com • 4mo ago News
La-Z-Boy Incorporated (LZB) Q4 2026 Earnings Call Transcript
seekingalpha.com • 4mo ago News
La-Z-Boy (LZB) Reports Strong Q4 Earnings and Announces Share Buyback
gurufocus.com • 4mo ago News
Why La-Z-Boy Stock Just Popped
fool.com • 4mo ago News
La-Z-Boy Stock Jumps 17%. How It Weathered Earnings Headwinds.
barrons.com • 4mo ago News
La-Z-Boy: A Solid Business In An Uncomfortable Industry
seekingalpha.com • 4mo ago News
Why La-Z-Boy Shares Are Trading Higher By Around 20%; Here Are 20 Stocks Moving Premarket
feeds.benzinga.com • 4mo ago News
La-Z-Boy (LZB) Stock Surges Over 17% After Hours: Why Is It Moving?
feeds.benzinga.com • 4mo ago News
La-Z-Boy (LZB) Tops Q4 Earnings and Revenue Estimates
zacks.com • 4mo ago News
La-Z-Boy Profit Climbs, Helped by New Stores
wsj.com • 4mo ago SEC Filing ⚠ 3
LZB: 10-K · periodic report
La-Z-Boy Incorporated reported fiscal 2026 sales of $2.13 billion, an increase of 0.8% compared to the prior year, driven by retail acquisitions and higher delivered wholesale sales. Operating income decreased 4.9% to $129.2 million due to higher distribution costs and mix shifts, partially offset by gains on asset sales.
The company completed strategic restructuring actions during the year, including the closure of its United Kingdom manufacturing business and the sale of its Casegoods headquarters building. Additionally, the company recorded a $20.0 million non-cash goodwill impairment charge related to its Joybird reporting unit due to decreased delivered sales volume.
The balance sheet remains robust with $303.2 million in cash and equivalents as of April 25, 2026. The board of directors authorized a new $300 million stock repurchase program effective May 14, 2026, replacing the previous authorization, and expects capital expenditures for fiscal 2027 to range between $90 million and $110 million.
SEC 10-K • 4mo ago AI analysis › Press Release ● Major ⚠ 2
La-Z-Boy Incorporated Reports Strong Fourth Quarter Results Led By Retail Sales Growth And Broad-Based Margin Improvement; Finalizes Multiple Strategic Initiatives
La-Z-Boy reported fiscal Q4 revenue of $570 million, flat year-over-year, but delivered significant bottom-line growth with GAAP EPS doubling to $0.81 and adjusted EPS rising 37% to $1.26. Margin expansion was broad-based, with GAAP operating margin improving 200 basis points to 7.2% and adjusted operating margin up 50 basis points to 9.9%.
The company returned $85 million to shareholders in fiscal 2026 and authorized a new $300 million share repurchase program to replace the prior one. La-Z-Boy ended the year with $303 million in cash and no external debt, while also completing strategic exits of its American Drew and Kincaid businesses.
For the first quarter of fiscal 2027, the company expects sales in the range of $490 million to $510 million, reflecting organic growth of up to 4%, and an adjusted operating margin between 4.0% and 5.5%.
• 4mo ago AI analysis › News
La-Z-Boy Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
benzinga.com • 4mo ago News
La-Z-Boy: Comfortable Value Ahead Of Q4 Results
seekingalpha.com • 4mo ago News
Analysts Estimate La-Z-Boy (LZB) to Report a Decline in Earnings: What to Look Out for
zacks.com • 4mo ago Press Release
La-Z-Boy Incorporated Announces Timing of Fiscal 2026 Fourth Quarter and Full Year Earnings Release and Conference Call
La-Z-Boy Incorporated will report Fiscal 2026 Fourth Quarter and Full Year results after market close on Tuesday, June 16, 2026.
The company will hold its quarterly investor conference call the following day, Wednesday, June 17, 2026, at 8:30 a.m. Eastern Time.
The call will be webcast live and archived for one year, with a telephone replay available for two weeks.
• 4mo ago AI analysis › Press Release
La-Z-Boy Incorporated Completes Sale of American Drew and Kincaid Wholesale Casegoods Businesses
La-Z-Boy has completed the sale of its American Drew and Kincaid wholesale casegoods businesses to Banner House (formerly Magnussen Home Furnishings).
The divestiture allows La-Z-Boy to focus on its core, vertically integrated North American upholstery business and advance its Century Vision strategy.
La-Z-Boy retail stores will continue to sell casegoods products, but will now source them externally to drive efficiency and broaden offerings.
• 4mo ago AI analysis › Press Release
La-Z-Boy Incorporated Declares Quarterly Dividend
La-Z-Boy Incorporated declared a quarterly cash dividend of $0.242 per share on the company's common stock.
The dividend is payable on June 15, 2026 to shareholders of record as of June 2, 2026.
• 5mo ago AI analysis › Press Release
La-Z-Boy Incorporated Announces Sale of American Drew and Kincaid Wholesale Casegoods Businesses
La-Z-Boy is selling its American Drew and Kincaid wholesale casegoods businesses to Banner House to focus on its core North American upholstery business.
The divestiture is part of a previously announced portfolio optimization strategy and is expected to close in mid-May subject to customary conditions.
The company will continue to offer casegoods in its 374 stores as part of a whole-home solution, ensuring a seamless transition for customers.
• 6mo ago AI analysis › Press Release
La-Z-Boy Incorporated Introduces AudioLuxe, a New Premium Audio Furniture Line with Sound by Klipsch
globenewswire.com • 6mo ago 
