La-Z-Boy Incorporated
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Melinda D. Whittington
- Full Time Employees
- 10,200
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- Address
- One La-Z-Boy Drive Monroe MI United States of America 48162-5138
- IPO Date
- Feb 21, 1973
- CIK
- 0000057131
- Website
- la-z-boy.com
- Similar Companies
- Business
- La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes and retails upholstery furniture products in the United States, Canada and internationally; its core offerings include recliners, motion sofas, sectionals, stationary sofas, chairs, lift-recliner chairs, mattresses and casegoods such as entertainment centers and occasional tables; the company operates through two segments, Wholesale, which produces and sells upholstered furniture to La-Z-Boy Furniture Galleries stores and other retailers, and Retail, which sells directly through company-owned stores and licensed dealers. Founded in 1927 and headquartered in Monroe, Michigan, La-Z-Boy maintains manufacturing facilities in North America, an innovation center in Dayton, Tennessee, and a network of approximately 370 Furniture Galleries stores, including 220 company-owned locations following recent expansions. The company targets residential consumers seeking customizable, comfort-focused home furnishings and emphasizes sustainability through LEED-certified facilities and reduced environmental impact operations. In recent developments, La-Z-Boy completed its largest independent retail acquisition in 2025 by purchasing a 15-store network from Atlanta Furniture Galleries in Georgia, Florida and Tennessee, adding approximately $80 million in annual retail sales and increasing company-owned stores to 220; it opened the first of three centralized distribution hubs in Arizona as part of a multiyear Century Vision network redesign to cut square footage by 30%, reduce inventory mileage by 20% and double delivery radius to 150 miles; additionally, the company announced plans to exit non-core businesses including Kinid and Drew casegoods along with Kinid upholstery and to close its UK manufacturing facility.
Company News
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