Headquartered in Monroe, Mich., La-Z-Boy has been one of the world’s leading residential furniture producers for more than 85 years. The company manufactures a full line of comfortable products for the living room and family room, including the company’s world-famous recliners, reclining sofas and love seats, sleep sofas, modular furniture and leather upholstery, as well as stationary sofas, love seats and chairs. It is a division of La-Z-Boy Incorporated (NYSE: LZB), one of the world’s leading residential furniture producers, marketing furniture for every room of the home. Live life comfortably®" The corporation's proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated products and brands, and includes 325 stand-alone La-Z-Boy Furniture Galleries® stores and nearly 600 independent Comfort Studios®, in addition to in-store gallery programs at the company's Kincaid, England and Lea operating units.
Company Growth (employees)
West Monroe, US
Size (employees)
8,950 (est)+3%
La-Z-Boy was founded in 1927 and is headquartered in West Monroe, US

La-Z-Boy Office Locations

La-Z-Boy has offices in West Monroe, San Diego, Los Angeles and Dayton
West Monroe, US (HQ)
Poor Boy Ln
Show all (4)

La-Z-Boy Financials and Metrics

La-Z-Boy Financials

La-Z-Boy's revenue was reported to be $1.5 b in FY, 2017

Revenue (Q2, 2018)

393.2 m

Gross profit (Q2, 2018)

155 m

Gross profit margin (Q2, 2018), %


Net income (Q2, 2018)

23.2 m

EBIT (Q2, 2018)

34.3 m

Market capitalization (22-Dec-2017)

1.5 b

Cash (28-Oct-2017)

122.3 m


1.4 b
La-Z-Boy's current market capitalization is $1.5 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


1.4 b1.4 b1.5 b1.5 b

Revenue growth, %


Cost of goods sold

796 m854.5 m888 m921.1 m943.3 m913.5 m

Gross profit

469.3 m504.3 m582.1 m606.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018


366.4 m350.4 m327 m365.6 m357.9 m341.4 m382.9 m384 m340.8 m376.6 m390 m357.1 m393.2 m

Cost of goods sold

242.6 m228.2 m215.8 m235.7 m228.3 m217.2 m237.1 m236 m207.3 m227.9 m233.9 m218 m238.3 m

Gross profit

123.8 m122.2 m111.1 m129.9 m129.6 m124.2 m145.8 m148 m133.5 m148.7 m156.1 m139.1 m155 m

Gross profit Margin, %

USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016FY, 2017


108.4 m115.3 m152.4 m131.1 m149.7 m98.3 m112.4 m141.9 m


175.1 m

Current Assets

522.7 m476.5 m482 m517.4 m


127.5 m174 m171.6 m169.1 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018


116.3 m115.3 m98.4 m87.5 m74.6 m97.7 m117.2 m105.6 m110.3 m119.6 m122.3 m


161.3 m158.3 m160.1 m178.9 m181.6 m183.2 m176.2 m186.7 m193.7 m178.5 m180.1 m

Current Assets

483.8 m495.4 m475.1 m466.3 m473.9 m481 m470.4 m485.7 m498.1 m488.9 m496.1 m


144.8 m158.6 m170.9 m173.7 m173.1 m173.1 m170.8 m170.6 m169.1 m171.1 m171.5 m
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    56.4 m72 m81 m87 m

    Depreciation and Amortization

    23.2 m22.3 m26.5 m29.1 m


    (9.4 m)(7.6 m)(15 m)12.5 m

    Accounts Payable

    1.7 m(5.2 m)(1 m)4.5 m
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Net Income

    27 m43.8 m13 m33 m51.5 m14.1 m35.8 m58 m14 m35.1 m58.8 m11.7 m

    Depreciation and Amortization

    11.7 m17.5 m5.4 m11 m16.3 m6.3 m12.7 m19.3 m6.8 m14 m21.3 m7.8 m


    (10.6 m)(15.2 m)(15.9 m)(11 m)(11.9 m)(22.2 m)(21.5 m)(23.1 m)510 k(3.7 m)(5.9 m)(2.5 m)

    Cash From Operating Activities

    32.4 m62.8 m(1.2 m)31.8 m55.1 m1.5 m21.7 m69.7 m34.1 m52.4 m91.3 m19.5 m
      USDY, 2017


      41.1 x


      72.1 x


      135.8 x


      43.9 k

      Financial Leverage

      1.5 x
      Show all financial metrics

      La-Z-Boy Market Value History

      La-Z-Boy's Web-traffic and Trends

      La-Z-Boy Online and Social Media Presence

      La-Z-Boy Company Life and Culture

      You may also be interested in