La-Z-Boy Incorporated
Description
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery 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, casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces. 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. It also licenses La-Z-Boy brand name on various products; and operates Joybird, an e-commerce retailer and manufacturer of upholstered 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 headquartered in Monroe, Michigan.
About
CEO
Ms. Melinda D. Whittington
Employees
10,200
Instrument type
Common Stock
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
MIC code
XNYS
Address
One La-Z-Boy Drive, Monroe, MI 48162-5138, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 17, 2025 | — | — | — | — |
| Aug 18, 2025 | — | — | — | — |
| Jun 16, 2025 | — | — | — | — |
| Feb 18, 2025 | — | — | — | — |
| Nov 20, 2024 | 0.64 | 0.71 | 0.07 | 10.94% |
Earnings estimate
|
Current Quarter
(Jan 2025)
|
Next Quarter
(Apr 2025)
|
Current Year
(Apr 2025)
|
Next Year
(Apr 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 3 | 3 | 3 | 3 |
| Average estimate | 0.67 | 0.98 | 2.99 | 3.39 |
| Low estimate | 0.64 | 0.97 | 2.95 | 3.25 |
| High estimate | 0.69 | 1.00 | 3.03 | 3.57 |
| Last year EPS | 0.67 | 0.95 | 2.98 | 2.99 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Jan 2025)
-0.500%
Next qtr. (Apr 2025)
3.510%
Current year (Apr 2025)
0.340%
Next year (Apr 2026)
13.380%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 | 2020-04-30 |
| Total reported revenue | 2.05B | 2.35B | 2.36B | 1.73B | 1.70B |
| Cost of revenue | 1.17B | 1.38B | 1.48B | 993.98M | 982.54M |
| Gross profit | 881.67M | 964.73M | 879.79M | 740.26M | 721.45M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 730.87M | 753.29M | 673.04M | 603.52M | 575.82M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 150.80M | 211.44M | 206.76M | 136.74M | 145.62M |
| Non operating interest income | |||||
| Income | 15.48M | 6.67M | 1.34M | 1.10M | 2.79M |
| Expense | 455,000 | 536,000 | 895,000 | 1.39M | 1.29M |
| Other income expense | -71,000 | -11.78M | -1.71M | 9.47M | -31.95M |
| Pretax income | 165.75M | 205.79M | 205.49M | 145.91M | 115.17M |
| Tax provision | 41.12M | 53.85M | 53.16M | 38.38M | 36.19M |
| Net income | 124.64M | 151.94M | 152.33M | 107.53M | 78.98M |
| Basic EPS | 2.86 | 3.49 | 3.41 | 2.31 | 1.67 |
| Diluted EPS | 2.83 | 3.48 | 3.39 | 2.30 | 1.66 |
| Basic average shares | 42.88M | 43.15M | 44.02M | 45.98M | 46.40M |
| Diluted average shares | 42.88M | 43.15M | 44.02M | 45.98M | 46.40M |
| EBITDA | 290.89M | 323.03M | 319.10M | 245.90M | 240.29M |
| Net income from continuing op. | 124.64M | 151.94M | 152.33M | 107.53M | 78.98M |
| Minority interests | -2.01M | -1.28M | -2.31M | -1.07M | -1.52M |
| Preferred stock dividends | — | — | 7,000 | 46,000 | 117,000 |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 | 2020-04-30 |
| Total assets | 1.91B | 1.87B | 1.93B | 1.79B | 1.43B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 341.10M | 343.37M | 245.59M | 391.21M | 261.55M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 139.21M | 125.54M | 183.75M | 139.34M | 99.35M |
| Other receivables | — | — | — | — | — |
| Inventory | 263.24M | 276.26M | 303.19M | 226.14M | 181.64M |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | 3.30M | 3.27M | 3.49M | 1.98M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 93.26M | 106.13M | 215.98M | 165.98M | 81.80M |
| Non current assets | |||||
| Properties | 446.47M | 416.27M | 405.76M | 343.80M | 318.65M |
| Land and improvements | 47.49M | 33.17M | 32.13M | 36.26M | 31.66M |
| Machinery furniture equipment | 344.30M | 337.44M | 327.25M | 299.56M | 285.46M |
| Construction in progress | 14.34M | 32.43M | 38.71M | 24.85M | 28.23M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -445.66M | -426.01M | -395.70M | -375.85M | -363.66M |
| Goodwill | 476.16M | 449.39M | 423.18M | 382.06M | 350.69M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 47.25M | 39.38M | 33.97M | 30.43M | 28.65M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 70.24M | 72.43M | 92.84M | 90.92M | 85.48M |
| Total liabilities | 900.08M | 914.17M | 1.11B | 1.00B | 718.58M |
| Current liabilities | |||||
| Accounts payable | 96.49M | 107.46M | 104.03M | 94.15M | 55.51M |
| Accrued expenses | 81.49M | 83.24M | 78.81M | 76.99M | 49.24M |
| Short term debt | 77.03M | 77.75M | 75.27M | 67.61M | 139.38M |
| Deferred revenue | 124.32M | 150.71M | 322.24M | 289.23M | 57.81M |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | 62.55M | 34.98M |
| Other current liabilities | 57.97M | 56.71M | 95.35M | 83.69M | 48.23M |
| Non current liabilities | |||||
| Long term debt | 404.72M | 368.16M | 354.84M | 295.02M | 270.16M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 58.08M | 70.14M | 81.94M | 97.48M | 98.25M |
| Shareholders equity | |||||
| Common stock | 42.44M | 43.32M | 43.09M | 45.36M | 45.86M |
| Retained earnings | 598.01M | 545.16M | 431.18M | 399.01M | 343.63M |
| Other shareholders equity | -5.87M | -5.53M | -5.80M | -1.52M | -6.95M |
| Total shareholders equity | 1.01B | 952.10M | 819.62M | 782.15M | 716.31M |
| Additional paid in capital | 368.49M | 358.89M | 342.25M | 330.65M | 318.22M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 10.30M | 10.26M | 8.90M | 8.65M | 15.55M |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 124.64M | 151.94M | 152.33M | 107.53M | 78.98M | 70.14M | 81.60M | 86.98M | 80.96M | 71.97M | 56.38M | 47.18M | 88.91M | 17.37M | 31.36M | -122.41M | -13.54M | 4.14M | -3.04M | 37.19M | -5.80M | 36.32M | 61.75M | 68.34M | 87.61M | 66.10M | 49.90M | 45.30M | 39.30M | 36.30M | 34.70M | 27.30M | 25.10M | 23.40M | 28.30M |
| Depreciation | 124.69M | 116.70M | 112.71M | 98.59M | 98.87M | 31.15M | 31.77M | 29.13M | 26.52M | 22.28M | 23.18M | 23.14M | 23.49M | 24.30M | 25.25M | 24.14M | 24.70M | 27.20M | 29.23M | 28.33M | 29.11M | 30.70M | 43.99M | 45.70M | 30.34M | 22.10M | 21.00M | 20.40M | 20.10M | 15.20M | 14.00M | 14.10M | 14.80M | 14.00M | 13.70M |
| Deferred Taxes | — | — | — | — | 719,000 | -1.67M | 17.26M | 569,000 | 4.58M | 1.03M | -216,000 | 3.20M | -42.15M | -120,000 | -2.69M | 39.23M | -6.03M | -16.39M | -3.40M | 11.63M | -11.84M | 6.00M | -8.43M | -8.37M | -5.80M | -3.10M | 3.20M | -2.00M | -1.00M | -2.60M | — | -2.00M | -5.40M | — | — |
| Stock-Based Compensation | 14.43M | 12.46M | 11.86M | 12.67M | 8.37M | 10.98M | 9.47M | 8.86M | 8.29M | 6.78M | 8.74M | 11.46M | 5.72M | 3.72M | 5.24M | 3.82M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | — | — | — | — | -1.90M | -7.00M | -4.20M | -2.30M | -7.00M | -360,000 | 8.07M | -20.77M | -5.52M | -4.01M | 9.97M | 12.46M | 31.80M | 33.72M | 34.63M | 8.69M | 3.94M | — | — | — | — | — | — | — | — | -100,000 | 100,000 | — | — | -100,000 | -100,000 |
| Accounts Receivable | -16.81M | 53.68M | -41.83M | -38.29M | 29.69M | 7.20M | -2.80M | -7.85M | 10.73M | -2.60M | 3.34M | 7.14M | -6.18M | 1.60M | -17.25M | 27.22M | 20.96M | 5.06M | 13.53M | -9.30M | 8.63M | 32.41M | -7.42M | 13.49M | -42.60M | -26.90M | -14.10M | -8.20M | -13.50M | -6.00M | -13.20M | -14.50M | -7.00M | 400,000 | -10.80M |
| Accounts Payable | — | — | — | — | — | -2.39M | 6.60M | 4.54M | -1.01M | -5.21M | 1.70M | -6.09M | 7.47M | -4.43M | 13.15M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -79.44M | -143.60M | -147.64M | 96.51M | -69.34M | 8.48M | -4.08M | 29.61M | -3.27M | -4.51M | -9.18M | 6.00M | 8.51M | -33.86M | 44.46M | 27,000 | -1.95M | -7.96M | 16.57M | -19.87M | 10.07M | -60.32M | 54.97M | -10.70M | -11.13M | 23.70M | -4.50M | 4.70M | 7.10M | -2.50M | -7.50M | -2.70M | 8.90M | 500,000 | -13.10M |
| Operating Cash Flow | 167.50M | 191.18M | 87.43M | 277.01M | 145.39M | 116.89M | 135.61M | 149.55M | 119.80M | 89.39M | 92.02M | 71.26M | 80.25M | 4.58M | 109.48M | -15.51M | 55.94M | 45.78M | 87.52M | 56.67M | 34.12M | 45.11M | 144.86M | 108.46M | 58.43M | 81.90M | 55.50M | 60.20M | 52.00M | 40.30M | 28.10M | 22.20M | 36.40M | 38.20M | 18.00M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 3.34M | 9.06M | -18.63M | 21.16M | -16.49M | -23.55M | -29.43M | -28.47M | -24.58M | -35.11M | -36.77M | -24.90M | -20.40M | -16.30M | -17.10M | -17.60M | -17.30M | -10.10M | -12.20M | -19.50M | -22.10M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -39.44M | -16.84M | -26.32M | -2.00M | — | -75.63M | -16.50M | -35.88M | -23.31M | -1.77M | 6.04M | -15.83M | -971,000 | -632,000 | — | — | — | — | — | -6.81M | -9.19M | -3.09M | — | — | -57.95M | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | -18.35M | -9.09M | -34.15M | -39.58M | -37.48M | -20.70M | -28.59M | -29.76M | -21.01M | -40.33M | -54.23M | -49.59M | -7.94M | -10.20M | -4.93M | -11.33M | -34.56M | -18.17M | -25.29M | -14.89M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | 24.82M | 24.48M | 36.10M | 36.07M | 37.24M | 20.94M | 22.67M | 19.95M | 28.72M | 33.75M | 34.56M | 18.66M | 8.65M | 10.66M | 8.83M | 34.68M | 35.58M | 17.34M | 12.98M | 8.12M | — | — | — | — | — | — | — | — | — | — | — | — | 1.60M | 2.90M | 3.10M |
| Investing Cash Flow | -28.00M | -1.31M | -1.79M | -2.74M | 12.12M | -73.26M | -18.89M | -44.93M | -12.55M | 3.65M | -11.29M | -52.13M | -3.43M | 280,000 | 28.33M | 23.31M | -18.31M | 19.39M | -30.67M | -34.97M | -35.16M | -54.43M | -14.38M | -37.59M | -104.40M | -29.80M | -36.50M | -24.80M | -18.30M | -20.30M | -20.30M | -12.80M | -10.10M | -16.60M | -19.10M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | — | 75.00M | — | — | — | — | — | — | — | — | 30.59M | 41.82M | 50.79M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -489,000 | -123,000 | -121,000 | -75.05M | -161,000 | -223,000 | -262,000 | -288,000 | -508,000 | -7.57M | -579,000 | -2.51M | -25.94M | -41.62M | -54.71M | -92.14M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -6.17M | -5.00M | -24.26M | -14.29M | -6.85M | -875,000 | -231,000 | 1.74M | 1.26M | 1.38M | 12.94M | 2.56M | -345,000 | — | 1.04M | — | — | 1.34M | 3.68M | — | — | — | — | — | — | 100,000 | 100,000 | — | -200,000 | 1.50M | -100,000 | — | 500,000 | -200,000 | -100,000 |
| Financing Cash Flow | -92.10M | -40.00M | -142.74M | -150.08M | 74.53M | -47.56M | -79.23M | -55.16M | -63.20M | -72.55M | -30.26M | -14.52M | -31.46M | 19.82M | 29.96M | -46.52M | -21.02M | -30.49M | -30.13M | -20.77M | -87.31M | -142.63M | -41.61M | -34.53M | -39.26M | -38.50M | -23.90M | -29.10M | -19.60M | -21.80M | -9.80M | -9.70M | -6.90M | -8.40M | -8.20M |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 341.10M | 346.68M | 248.86M | 394.70M | 263.53M | 131.79M | 136.87M | 150.86M | 121.34M | 98.30M | 149.66M | 131.09M | 152.37M | 115.26M | 108.43M | 17.37M | 14.98M | 51.72M | 24.09M | 37.71M | 33.88M | 28.82M | 26.77M | 23.57M | 14.35M | 33.60M | 28.70M | — | — | — | — | — | — | — | — |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 104.58M | 136.36M | 2.42M | 271.96M | 118.21M | 102.31M | 79.41M | 127.69M | 89.83M | 16.43M | 57.10M | 42.53M | 67.19M | 17.31M | 78.67M | 37.08M | 21.85M | 7.42M | 61.79M | 11.19M | 105.25M | 85.69M | 100.25M | 78.59M | 20.46M | 56.60M | 33.50M | 42.40M | 33.80M | 21.30M | 10.60M | 22.40M | 24.20M | 16.80M | -4.40M |
Error: Invalid format in Holders JSON file.
Article
La-Z-Boy Incorporated Announces Timing of Fiscal 2025 Third Quarter Earnings Release and Conference Call
MONROE, Mich., Feb. 04, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its Fiscal 2025 Third Quarter results for the period ended January 25, 2025 after the close of trading on the New York Stock Exchange on Tuesday, February 18, 2025, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, February 19, 2025.
Feb 4, 2025
Article
Is LaZBoy (LZB) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Jan 20, 2025
Article
La-Z-Boy Incorporated Releases FY2024 Impact Report Highlighting Sustainability and Community Action
MONROE, Mich., Jan. 10, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, has released its fiscal year 2024 Impact Report: Preserving Our Heritage, Transforming for Tomorrow.
Jan 10, 2025
