LZB Stock - La-Z-Boy Incorporated
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.11B | $2.05B | $2.35B | $2.36B | $1.73B |
| Gross Profit | $926.42M | $881.67M | $1.01B | $879.79M | $740.26M |
| Gross Margin | 43.9% | 43.1% | 42.9% | 37.3% | 42.7% |
| Operating Income | $135.84M | $150.80M | $211.44M | $206.76M | $136.74M |
| Net Income | $99.56M | $122.63M | $150.66M | $150.02M | $106.46M |
| Net Margin | 4.7% | 6.0% | 6.4% | 6.4% | 6.1% |
| EPS | $2.39 | $2.86 | $3.49 | $3.41 | $2.31 |
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, Retail, Corporate and Other 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 company's Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. This segment operates a network of 161 company-owned La-Z-Boy Furniture Galleries stores. La-Z-Boy Incorporated also produces reclining chairs; and manufactures and distributes residential furniture. Its Corporate and Other segment sells the products through its website. 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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 19th 2025 | Sidoti | Upgrade | Buy | $39 |
| April 25th 2025 | KeyBanc Capital Markets | Upgrade | Overweight | $46 |
| August 21st 2024 | Sidoti | Downgrade | Neutral | $43 |
| August 25th 2022 | Raymond James | Downgrade | Market Perform | - |
Earnings History & Surprises
LZBEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Feb 17, 2026 | $0.59 | — | — | — |
Q4 2025 | Nov 18, 2025 | $0.54 | $0.71 | +31.5% | ✓ BEAT |
Q3 2025 | Aug 19, 2025 | $0.53 | $0.47 | -11.3% | ✗ MISS |
Q2 2025 | Jun 17, 2025 | $0.93 | $0.92 | -1.1% | ✗ MISS |
Q1 2025 | Feb 18, 2025 | $0.67 | $0.68 | +1.5% | ✓ BEAT |
Q4 2024 | Nov 19, 2024 | $0.64 | $0.71 | +10.9% | ✓ BEAT |
Q3 2024 | Aug 20, 2024 | $0.60 | $0.62 | +3.3% | ✓ BEAT |
Q2 2024 | Jun 17, 2024 | $0.70 | $0.95 | +35.7% | ✓ BEAT |
Q1 2024 | Feb 20, 2024 | $0.72 | $0.67 | -6.9% | ✗ MISS |
Q4 2023 | Nov 29, 2023 | $0.62 | $0.74 | +19.4% | ✓ BEAT |
Q3 2023 | Aug 22, 2023 | $0.55 | $0.62 | +12.7% | ✓ BEAT |
Q2 2023 | Jun 20, 2023 | $0.72 | $0.99 | +37.5% | ✓ BEAT |
Q1 2023 | Feb 21, 2023 | $0.66 | $0.91 | +37.9% | ✓ BEAT |
Q4 2022 | Nov 30, 2022 | $0.85 | $1.05 | +23.5% | ✓ BEAT |
Q3 2022 | Aug 23, 2022 | $0.67 | $0.91 | +35.8% | ✓ BEAT |
Q2 2022 | Jun 21, 2022 | $0.92 | $1.07 | +16.3% | ✓ BEAT |
Q1 2022 | Feb 15, 2022 | $0.89 | $0.65 | -27.0% | ✗ MISS |
Q4 2021 | Nov 16, 2021 | $0.73 | $0.85 | +16.4% | ✓ BEAT |
Q3 2021 | Aug 17, 2021 | $0.56 | $0.55 | -1.8% | ✗ MISS |
Q2 2021 | Jun 15, 2021 | $0.74 | $0.87 | +17.6% | ✓ BEAT |
Latest News
La-Z-Boy launched higher on FQ3 results, another dividend hike, future outlook
📈 PositiveLa-Z-Boy shares are trading higher after the company reported better-than-expected Q2 financial results. Also, Sidoti & Co. upgraded the stock from Neutral to Buy and raised its price target from $36 to $39.
📈 PositiveSidoti & Co. Upgrades La-Z-Boy to Buy, Raises Price Target to $39
📈 PositiveLa-Z-Boy Strategic Initiatives Expected To Reduce Sales By ~$30M, Net, And Increase Margins By 75-100 Bps
➖ NeutralLa-Z-Boy Announces Planned Exit Of Non-Core Businesses, Kincaid And American Drew Casegoods And Kincaid Upholstery; Proposes Closure Of UK Manufacturing Facility
📉 NegativeLa-Z-Boy Sees Q3 Sales $525.000M-$545.000M vs $533.795M Est
➖ NeutralLa-Z-Boy Q2 Adj. EPS $0.71 Beats $0.61 Estimate, Sales $522.480M Beat $522.409M Estimate
📈 PositiveLa-Z-Boy Non-GAAP EPS of $0.71 beats by $0.17, revenue of $522.48M beats by $4.87M
📈 PositiveLa-Z-Boy shares are trading lower after the company reported worse-than-expected Q1 financial results and issued Q2 sales guidance below estimates.
📉 NegativeMarket-Moving News for August 20th
➖ NeutralLa-Z-Boy Reports 24% Profit Drop in Q1
📉 NegativeLa-Z-Boy shares are trading lower after the company reported worse-than-expected Q1 financial results and issued Q2 sales guidance below estimates.
📉 NegativeLa-Z-Boy Sees Q2 Sales $510.000M-$530.000M vs $531.672M Est
📉 NegativeLa-Z-Boy Q1 Adj. EPS $0.47 Misses $0.55 Estimate, Sales $492.229M Miss $494.000M Estimate
📉 NegativeBiggest stock movers Wednesday: UBS, BTDR, and more
➖ NeutralFrequently Asked Questions about LZB
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