La-Z-Boy Incorporated (LZB)

NYSE: LZB · Real-Time Price · USD
42.86
+0.10 (0.23%)
Dec 23, 2024, 1:28 PM EST - Market open
0.23%
Market Cap 1.78B
Revenue (ttm) 2.07B
Net Income (ttm) 124.14M
Shares Out 41.48M
EPS (ttm) 2.90
PE Ratio 14.73
Forward PE 13.36
Dividend $0.88 (2.05%)
Ex-Dividend Date Dec 5, 2024
Volume 77,246
Open 42.60
Previous Close 42.76
Day's Range 42.52 - 43.01
52-Week Range 32.00 - 46.47
Beta 1.36
Analysts Hold
Price Target n/a
Earnings Date Feb 18, 2025

About LZB

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 s... [Read more]

Founded 1927
Employees 10,200
Stock Exchange NYSE
Ticker Symbol LZB
Full Company Profile

Financial Performance

In 2024, La-Z-Boy's revenue was $2.05 billion, a decrease of -12.87% compared to the previous year's $2.35 billion. Earnings were $122.63 million, a decrease of -18.61%.

Financial Statements

News

La-Z-Boy Refuses To Recline In Tough Times

La-Z-Boy's strong Q2 results and Century Vision strategy execution support a Buy rating despite industry challenges and macroeconomic pressures. Management's optimism about future Fed rate cuts and ho...

6 days ago - Seeking Alpha

La-Z-Boy Incorporated Board of Directors Elects Melinda Whittington as Chair, Michael Lawton as Lead Director

MONROE, Mich., Dec. 16, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE:LZB) is pleased to announce that its Board of Directors has approved, effective December 11, 2024, the following changes as...

6 days ago - GlobeNewsWire

Decline to Recline: La-Z-Boy Launches Campaign to Ban Reclining on Airplanes

MONROE, Mich.--(BUSINESS WIRE)--A record Thanksgiving travel rush is underway, and La-Z-Boy, the iconic American furniture company that invented the recliner nearly 100 years ago, is pleading with air...

27 days ago - Business Wire

La-Z-Boy Opens Doors, Welcomes Shoppers to New Retail Experience Store in Chicago's Iconic Lincoln Park

Highlights La-Z-Boy's rich heritage while embracing modern lifestyles, introducing “Urban Modern,” “La-Z-Girl,” and “Gamer” themes Embodies innovation in the retail experience of the La-Z-Boy brand, a...

27 days ago - GlobeNewsWire

La-Z-Boy CEO Melinda Whittington: We've been able to outperform despite housing softness

Melinda Whittington, CEO of La-Z-Boy, joins CNBC's 'The Exchange' to discuss the state of the consumer, how La-Z-Boy has been able to grow with major headwinds in the housing sector, and more.

4 weeks ago - CNBC Television

La-Z-Boy Incorporated (LZB) Q2 2025 Earnings Call Transcript

La-Z-Boy Incorporated (NYSE:LZB) Q2 2025 Earnings Conference Call November 20, 2024 8:30 AM ET Company Participants Mark Becks - Director of IR & Corporate Development Melinda Whittington - President...

4 weeks ago - Seeking Alpha

La-Z-Boy Incorporated Reports Strong Second Quarter Results; Retail Segment Delivered Sales Up 3%; Board Approves 10% Increase to Quarterly Dividend

Fiscal 2025 Second Quarter Highlights : Consolidated delivered sales of $521 million Up 2% versus prior year Retail segment sales increased 3% Led by independent La-Z-Boy Furniture Galleries® acquisit...

4 weeks ago - GlobeNewsWire

La-Z-Boy: Still Comfortable With A Bullish View

La-Z-Boy's stock is attractively priced despite mixed performance, with revenue growth and strong cash flows, warranting a soft 'buy' recommendation. The company faced revenue and profitability declin...

5 weeks ago - Seeking Alpha

La-Z-Boy Incorporated Announces Timing of Fiscal 2025 Second Quarter Earnings Release and Conference Call

MONROE, Mich., Nov. 05, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its Fiscal 2025 Second Quarter results for the period ended October 26, 2024 after the close of trading o...

6 weeks ago - GlobeNewsWire

La-Z-Boy Incorporated Opens Newly Renovated Showroom at High Point Market

HIGH POINT, N.C., Oct. 25, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, has opened its newly renovated showroom a...

2 months ago - GlobeNewsWire

La-Z-Boy Incorporated Announces Chief Financial Officer Succession

MONROE, Mich., Oct. 10, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that Bob Lucian, Senior Vice...

2 months ago - GlobeNewsWire

La-Z-Boy Incorporated Appoints Stitch Fix CEO Matt Baer to Board of Directors

MONROE, Mich., Sept. 16, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that Matt Baer has been nam...

3 months ago - GlobeNewsWire

La-Z-Boy Incorporated (LZB) Q1 2025 Earnings Call Transcript

La-Z-Boy Incorporated (NYSE:LZB) Q1 2025 Earnings Conference Call August 21, 2024 8:30 AM ET Company Participants Mark Becks - Director of IR & Corporate Development Melinda Whittington - President, ...

4 months ago - Seeking Alpha

La-Z-Boy says ‘challenged' shoppers are pulling back on spending

Shares of La-Z-Boy Inc. dropped more than 3% in the extended session Tuesday after the furniture maker said consumers continued to rein in their expenses outside holiday promotions, and guided for low...

4 months ago - Market Watch

La-Z-Boy Incorporated Reports Solid First Quarter Results with Sales Up 3%; First Quarter Operating Cash Flow Doubles to $52 Million

Fiscal 2025 First Quarter Highlights : Consolidated delivered sales of $496 million Up 3% versus prior year Wholesale segment sales increased 5% on growth to external customers Delivered sales and Non...

4 months ago - GlobeNewsWire

How To Earn $500 A Month From La-Z-Boy Stock Ahead Of Q1 Earnings

La-Z-Boy Incorporated LZB is expected to release earnings results for its fiscal first quarter, after the closing bell on Tuesday, Aug. 20.

4 months ago - Benzinga

La-Z-Boy Incorporated Announces Timing of Fiscal 2025 First Quarter Earnings Release and Conference Call

MONROE, Mich., Aug. 06, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its Fiscal 2025 First Quarter results for the period ended July 27, 2024 after the close of trading on th...

4 months ago - GlobeNewsWire

Nearly 9 in 10 Americans Consider Being Lazy a Form of Self-Care, La-Z-Boy Survey Finds

MONROE, Mich.--(BUSINESS WIRE)--La-Z-Boy, the pioneer of truly comfortable furniture for nearly a century, knows the joy of relaxing and savoring those “feet-up moments” better than anyone. Just in ti...

4 months ago - Business Wire

La-Z-Boy: Reclining Comfortably Amidst Industry Headwinds, Reiterating Our Buy Rating

La-Z-Boy outperformed the furniture sector in Q4 results, showcasing strong revenue growth and profitability enhancements. LZB faces challenges from industry headwinds but maintains a competitive edge...

5 months ago - Seeking Alpha

La-Z-Boy's Accretive Expansion Strategy Is Undervalued

La-Z-Boy sells furniture through retail and wholesale channels, known for its reclining chairs. The company has a great expansion strategy, built on accretive store acquisitions from independently-run...

6 months ago - Seeking Alpha

Top 4 Consumer Stocks that May Keep You Up At Night This Month

As of June 20, 2024, four stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BBYCHWYCMG
6 months ago - Benzinga

Strategic pivot to retail expansion helped drive earnings, says La-Z-Boy CEO Melinda Whittington

Melinda Whittington, CEO of La-Z-Boy, on beating earnings expectations, strategies the company leveraged to drive growth, and more.

6 months ago - CNBC Television

La-Z-Boy Incorporated (LZB) Q4 2024 Earnings Call Transcript

La-Z-Boy Incorporated (NYSE:LZB) Q4 2024 Earnings Conference Call June 18, 2024 8:30 AM ET Company Participants Melinda Whittington - President, Chief Executive Officer Bob Lucian - Senior Vice Presi...

6 months ago - Seeking Alpha

La-Z-Boy Stock Jumps on Strong Earnings, Upbeat Outlook—Watch This Price Level

Shares in furniture maker La-Z-Boy (LZB) jumped more than 9% ahead of Tuesday's opening bell after the company eased investors' fears over slowing consumer spending and a sluggish housing market by an...

6 months ago - Investopedia

La-Z-Boy is opening new stores, despite expectations for ‘volatile' furniture demand

Shares of La-Z-Boy Inc. rallied after hours on Monday after the maker of recliners and other furniture reported fourth-quarter results that topped expectations despite a “volatile” furniture industry ...

6 months ago - Market Watch