Company
Headquarters: Monroe, MI, United States
Founded: 1927
Employees: 11,500
CEO: Ms. Melinda D. Whittington
$1.89 Billion
USD as of Jan. 1, 2025
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods 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, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, and entertainment centers. 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. This segment operates a network of 159 company-owned La-Z-Boy Furniture Galleries stores. La-Z-Boy Incorporated also produces reclining chairs; and manufactures and distributes residential 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 based in Monroe, Michigan.
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Last Financial Reports Date | Oct. 31, 2024 |
Revenue TTM | $2.06 B |
EBITDA | $294.9 M |
Gross Profit TTM | $893.6 M |
Profit Margin | 5.89% |
Operating Margin | 6.53% |
Quarterly Revenue Growth | 2.90% |
La-Z-Boy Incorporated has the following listings and related stock indices.
Stock: NYSE: LZB wb_incandescent
Stock: FSX: LAZ wb_incandescent
Upholstered furniture and casegoods
Melinda Whittington, President and CEO