LaZBoy

La-Z-Boy, Inc. engages in the production of reclining chairs and manufacture and distribution of residential furniture. It operates through the following segments: Wholesale, Retail, and Corporate and Other. 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, such as occasional pieces, bedroom sets, dining room sets and entertainment centers. The Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories to the end consumer through the retain network. The Corporate and Other segment includes the shared costs for corporate functions, including human resources, information technology, finance, and legal. The company was founded by Edwards M. Knabusch and Edwin J. Shoemaker in 1927 and is headquartered in Monroe, MI.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

La-Z-Boy achieves record fiscal 2023 results, anticipates growth opportunities

La-Z-Boy reported record results for fiscal 2023, with strong performance in the retail segment and progress against their growth strategy. However, challenges include a decrease in fourth quarter sales and the need for improvement in Joybird's performance. The company remains optimistic about industry demand and sales growth in fiscal year 2024.

La-Z-Boy reports solid Q1 performance, faces sales and financial challenges

La-Z-Boy's Q1 2024 performance reflects solid operational achievements but also challenges in sales and financial metrics. The company is making progress towards a more resilient business model and growth strategy, while also addressing inventory and sales challenges.

La-Z-Boy reports record Q3 performance amidst challenges and opportunities

La-Z-Boy delivered strong financial performance in Q3 2023, driven by robust sales, earnings, and cash generation, particularly in the retail segment.
Despite challenges in the wholesale business and Joybird, the company's strategic investments and focus on efficiency position it for long-term success.
Future success hinges on navigating uncertainties, capitalizing on growth opportunities, and maintaining a commitment to profitability and operational excellence.

La-Z-Boy (LZB) reports record fiscal 2023 results, outlines growth plans

La-Z-Boy delivered strong financial performance in fiscal 2023, with a focus on operational efficiency and growth strategies for the future. Despite challenges in Joybird's sales, the company remains optimistic and committed to enhancing shareholder value.

La-Z-Boy reports resilient Q1 performance, eyes strategic growth opportunities

La-Z-Boy's Q1 2024 earnings call showcased resilience in the face of market challenges, with a strong focus on growth strategies and operational efficiency. While navigating a tough macro environment, the company remains committed to enhancing shareholder value and expanding its market presence.

La-Z-Boy reports mixed Q2 results, targets sustainable growth strategy

La-Z-Boy's Q2 performance reflects mixed results with sales growth from pre-pandemic levels but a decline year-on-year. The company aims for double-digit operating margins and industry-leading growth.
Despite challenges in sales and margins, La-Z-Boy's strategic focus on growth initiatives, cash position, and commitment to operational efficiency position it for long-term success.
Opportunities for La-Z-Boy include enhancing productivity, expanding retail operations, and navigating market challenges to achieve sustainable growth and profitability.

La-Z-Boy reports Q3 growth amidst industry challenges, eyes strategic expansion

La-Z-Boy's Q3 performance showed resilience with sales growth and margin expansion, despite industry challenges. The company's strategic focus on growth initiatives and financial strength bode well for long-term success. Addressing retail challenges and leveraging opportunities in acquisitions and brand campaigns are key priorities for sustained growth.

La-Z-Boy Q4 Earnings: Stable Sales, Strategic Expansions

La-Z-Boy's Q4 FY2024 earnings call highlighted a year of stable financial performance and strategic growth initiatives despite industry challenges. The company's strong cash position and debt-free status, combined with strategic store expansions and acquisitions, position it well for modest growth and continued market outperformance in the upcoming fiscal year.

La-Z-Boy reports solid Q1 results, eyes growth amidst challenges

La-Z-Boy's Q1 performance reflects resilience amidst industry challenges, with a focus on financial stability and strategic growth initiatives. Despite sales declines in same-store segments, opportunities lie in acquisitions and brand expansion through consumer-centric approaches.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

La-Z-Boy, Inc. engages in the production, manufacturing, and distribution of residential furniture. It operates through the following business segments: Wholesale, Retail, and Corporate and Other. 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 case goods furniture, such as occasional pieces, bedroom sets, dining room sets, and entertainment centers. The Retail segment sells upholstered furniture, in addition to some case goods and other accessories to the end consumer through its company-owned La-Z-Boy Furniture Galleries stores. The Corporate and Other segment includes the shared costs for corporate functions, including human resources, information technology, finance, and legal. The company was founded by Edwards M. Knabusch and Edwin J. Shoemaker in 1927 and is headquartered in Monroe, MI.

To claim a place on the Undervalued Predictable list, one of GuruFocus' most stringent screeners, a company must meet two criteria: have a business predictability rating of at least four out of five stars and be undervalued based on a discounted cash flow (DCF) analysis. Companies that meet these criteria are considered likely to generate above-average returns for investors, based on historical studies.

La-Z-Boy: An Undervalued Predictable Opportunity

La-Z-Boy has been somewhat inconsistent operationally in recent years, but the overall trend for the business has been bullish. Shares are also priced at levels that investors should consider appealing.

La-Z-Boy: An Iconic Firm At An Attractive Price

CACI

Cheesecake Factory

Carnival

Global Payments

HollyFrontier

Jack in the Box

Southwest Airlines

Aberdeen Standard Physical Platinum Shares ETF

Phillips 66

PayPal

Ryanair Hlds

Tyson Foods

Valero Energy

By almost any standard the overall stock market is very expensive right now. But the economy looks like it can still grow in the first half of 2022, and potentially longer than that.

5 Very Different Ideas For A Tricky 2022 Investing Environment

AutoNation

USA Truck

AN, USAK, and LZB made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 7, 2022

Best Value Stocks to Buy for January 7th

La-Z-Boy (LZB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes La-Z-Boy (LZB) a New Strong Buy Stock

D.R. Horton

Sleep Number

A generational shift is like a pig being swallowed by a python.

3 Stocks for the Millennial Shift

La-Z-Boy (LZB) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Why La-Z-Boy (LZB) is Such a Great Value Stock Pick Right Now

Oncolytics Biotech, Inc.

Sunopta

Tapestry

Trevi Therapeutics Inc

Bet on top-ranked stocks STKL, LZB, ONCY, TPR and TRVI that have rising P/E to realize outsized gains.

5 Stocks With Rising P/E Are Good Buys

Let's see if La-Z-Boy Incorporated (LZB) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Consider La-Z-Boy (LZB) Stock Now?

American National Bankshares

Atlantica Sustainable Infrastructure

Cass Information Systems

Churchill Downs

Central Pacific Financial

CRA International

Dolby Laboratories

Hartford Financial Services Group

Hubbell

KeyCorp

Lancaster Colony

Lockheed Martin

McDonald's

MVB Financial

NIKE

Nelnet

Realty Income Corp

Principal Financial Group

Power Integrations

Stepan

SS&C Technologies Hlds

Tennant

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.

Stuff Your Face With These 29 Upcoming Dividend Increases Including 2 Kings

JAKKS Pacific

Party City Holdco

Tempur Sealy International

Consider investing in high earnings yield stocks like LAKK, PRTY, LZB and TPX to reap handsome rewards.

4 Hot High Earnings Yield Picks to Pep Up Your Portfolio

Agilent Technologies

Brady Corporation

City Hld

Matthews International

Motorola Solutions

National Storage Affiliates Trust

Royal Gold

SPDR S&P 500 ETF Trust

United Bancorp

Unity Bancorp

This weekly article series covers dividend changes. A summary table presents relevant data and key statistics of dividend increases.

Dividend Increases: November 13-19, 2021

La-Z-Boy Incorporated's(LZB) CEO Melinda Whittington on Q2 2022 Results - Earnings Call Transcript

Lowe's

Target

Investors are watching these retail stocks as Target and Lowe's post stellar numbers in their latest quarterly reports.

Retail Stocks To Buy Now? 4 Beat Earnings Estimates Today

The shares of La-Z-Boy Incorporated (NYSE:LZB) are up 6.2% at $39.70 this morning, following the furniture manufacturer's fiscal second-quarter earnings and revenue topped analysts' estimates.

La-Z-Boy Stock Extends Rebound on Record Sales Numbers

La-Z-Boy (LZB) delivered earnings and revenue surprises of 10.39% and 5.31%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

La-Z-Boy (LZB) Beats Q2 Earnings and Revenue Estimates

Shares of La-Z-Boy Inc. LZB, +0.94% jumped more than 6% in the extended session Tuesday after the furniture maker said its fiscal second-quarter sales hit a record, with the company able to increase its capacity to meet heightened demand and a "significant" backlog. La-Z-Boy said its prices and surcharges are helping offset rising raw-material costs.

La-Z-Boy stock rallies more than 6% after 'record' sales, increased capacity

La-Z-Boy (NYSE:LZB) reported its Q2 earnings results on Tuesday, November 16, 2021 at 04:15 PM. Here's what investors need to know about the announcement.

La-Z-Boy: Q2 Earnings Insights

Increases Quarterly Dividend Increases Quarterly Dividend

La-Z-Boy Reports Record Sales for the Fiscal 2022 Second Quarter and Sequential Operating Margin Improvement

Home Depot

Macy's

Walmart

SPDR S&P Retail ETF

Foot Locker

Retailers and big box chains take center stage next week as the earnings train rolls on. And these earnings come as we enter the pivotal holiday sales season, which can make or break retailers large and small.

7 Earnings Reports to Watch Next Week

La-Z-Boy (LZB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate La-Z-Boy (LZB) to Report a Decline in Earnings: What to Look Out for

Ethan Allen Interiors

The booming housing market has been aiding industries like furniture and furnishings, which is driving sales for companies like RH (RH), Ethan Allen Interiors (ETH) and Tempur Sealy International (TPX).

4 Furniture, Furnishings Stocks to Gain on Housing Demand

The Sustainable Furnishings Council is committed to raising awareness and expanding the adoption of sustainable practices within home furnishings.

La-Z-Boy is partnering with a nonprofit to cut its greenhouse gas emissions and source sustainable wood

MONROE, Mich., Nov. 02, 2021 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2022 second-quarter results after the close of trading on the New York Stock Exchange on Tuesday, November 16, 2021, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, November 17, 2021.

La-Z-Boy Announces Fiscal 2022 Second-Quarter Conference Call

MONROE, Mich., Oct. 26, 2021 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Erika Alexander has been named to its Board of Directors, effective October 25, 2021. The appointment brings the Board to 12 members.

La-Z-Boy Appoints Erika Alexander to Board of Directors

News for LaZBoy Stock (LZB)