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.
West Monroe, US
Size (employees)
8,700 (est)
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
West Monroe, US (HQ)
Poor Boy Ln

La-Z-Boy Metrics

La-Z-Boy Financial Metrics

Revenue (2016)

$1.5 b

Revenue growth (2015-16), %


Gross profit

$582.1 m

Gross profit margin (2016), %


Net income (2016)

$81 m

Market capitalization (21-Mar-2017)

$1.3 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$112.4 m
La-Z-Boy's current market capitalization is $1.3 b.
La-Z-Boy's revenue was reported to be $1.5 b in FY, 2016 which is a 7% increase from the previous period.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


$1.4 b$1.4 b$1.5 b

Revenue growth, %


Cost of goods sold

$796 m$854.5 m$888 m$921.1 m$943.3 m

Gross profit

$469.3 m$504.3 m$582.1 m

Gross profit Margin, %



$89.3 m$103.2 m$122.4 m

EBIT margin, %


Interest income

$761 k$1 m$827 k

Pre tax profit

$91.6 m$105.6 m$125 m

Net Income

$56.4 m$72 m$81 m
Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016


$108.4 m$115.3 m$152.4 m$131.1 m$149.7 m$98.3 m$112.4 m

Accounts Receivable


Current Assets

$522.7 m$476.5 m$482 m


$127.5 m$174 m$171.6 m


$13.9 m$15.2 m$37.2 m

Total Assets

$771.3 m$774.6 m$800 m

Accounts Payable

$56.2 m$46.2 m$44.7 m

Total Debt

$7.8 m$830 k$803 k

Current Liabilities

$167.4 m$154.9 m$157.4 m

Additional Paid-in Capital

$262.9 m$270 m$279.3 m

Retained Earnings

$238.4 m$235.5 m$252.5 m

Total Equity

$529.7 m$533.1 m$557.2 m

Debt to Equity Ratio

0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

1.5 x1.5 x1.4 x
FY, 2014FY, 2015FY, 2016

Net Income

$56.4 m$72 m$81 m

Depreciation and Amortization

$23.2 m$22.3 m$26.5 m

Accounts Receivable


($9.4 m)($7.6 m)($15 m)

Accounts Payable

$1.7 m($5.2 m)($1 m)

Cash From Operating Activities

$90.8 m$86.8 m$112.4 m

Capital Expenditures

($33.7 m)($70.3 m)($24.7 m)

Cash From Investing Activities

($45 m)($66.7 m)($36.6 m)

Dividends Paid

($10.5 m)($14.5 m)($18.1 m)

Free Cash Flow

$124.6 m$157.1 m$137 m

La-Z-Boy Market Value History

La-Z-Boy Online Presence

La-Z-Boy News

La-Z-Boy Company Life

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