LA-Z-BOY INC

Listed Company

LZBCIK 0000057131NYSELarge AcceleratedHousehold FurnitureMichiganFY ends Apr 25

Period

FY 2026

Revenue

$2.13B

Net Income

$101.98M

Total Assets

$2.04B

Equity

$1.05B

Shares Out

39.90M

Op. Cash Flow

$204.11M

LZB$39.86+4.51% · past yearDBEQ Basic

Daily closing prices

Business

La-Z-Boy Incorporated is the leading global producer of reclining chairs and one of the largest manufacturers and distributors of residential furniture in the United States. The company manufactures, markets, imports, distributes, and retails upholstered and casegoods furniture under the La-Z-Boy, England, Joybird, and other brand names, operating four U.S. manufacturing locations and nine distribution centers supplemented by Mexican facilities. Distribution occurs through 378 company-owned La-Z-Boy Stores, over 500 independently-operated La-Z-Boy Comfort Studio locations, approximately 900 branded space locations, wholesale channels to retailers across the United States and approximately 45 other countries, and direct-to-consumer e-commerce platforms.

Summary from 10-K filed 2026-06-16

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-04-30	FY 2025 2025-04-30	FY 2024 2024-04-30	FY 2023 2023-04-30	FY 2022 2022-04-30
Sales	2,127	2,109	2,047	2,349	2,357
Cost of sales	1,190	1,183	1,165	1,385	1,477
Gross profit	937	926	882	965	880
Selling, general and administrative expense	787	770	731	753	673
Goodwill impairment	20	21	0	0	0
Operating income	129	136	151	211	207
Interest expense	−524,000	−545,000	−455,000	−536,000	—
Interest income	12	15	15	7	1
Other income (expense), net	−2	−3	−71,000	−12	−2
Income before income taxes	139	147	166	206	205
Income tax expense	36	46	41	54	53
Net income	103	101	125	152	152
Net income attributable to noncontrolling interests	−926,000	−1	−2	−1	−2
Net income attributable to La-Z-Boy Incorporated	102	100	123	151	150
Basic weighted average common shares (in shares)	41	42	43	43	44
Basic net income attributable to La-Z-Boy Incorporated per share (in dollars per share)	2.49	2.39	2.86	3.49	3.41
Diluted weighted average common shares (in shares)	41	42	43	43	44
Diluted net income attributable to La-Z-Boy Incorporated per share (in dollars per share)	2.47	2.35	2.83	3.48	3.39

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-04-30	FY 2025 2025-04-30	FY 2024 2024-04-30	FY 2023 2023-04-30	FY 2022 2022-04-30
Cash and equivalents	303	328	341	343	246
Receivables, net of allowance of $5,196 at 4/25/2026 and $5,042 at 4/26/2025	131	140	139	126	184
Inventories, net	218	255	263	276	303
Assets held for sale	20	0	—	—	—
Other current assets	101	82	93	106	216
Total current assets	774	806	837	855	952
Property, plant and equipment, net	357	339	298	279	253
Goodwill	243	206	214	205	195
Other intangible assets, net	78	51	47	39	34
Right of use lease assets	521	453	446	416	406
Other long-term assets, net	70	68	60	64	82
Total assets	2,042	1,922	1,913	1,866	1,932
Accounts payable	102	96	96	107	104
Lease liabilities, short-term	89	81	77	78	75
Accrued expenses and other current liabilities	239	244	264	291	496
Total current liabilities	430	421	437	476	676
Lease liabilities, long-term	476	410	405	368	355
Other long-term liabilities	74	59	58	70	82
Preferred shares 5,000 authorized; none issued	0	0	0	0	0
Common shares, $1 par value 150,000 authorized; 40,349 outstanding at 4/25/2026 and 41,164 outstanding at 4/26/2025	40	41	42	43	43
Capital in excess of par value	401	386	368	359	342
Retained earnings	610	597	598	545	431
Accumulated other comprehensive loss	−2	−4	−6	−6	−6
Total La-Z-Boy Incorporated shareholders' equity	1,050	1,021	1,003	942	811
Noncontrolling interests	13	11	10	10	9
Total equity	1,063	1,032	1,013	952	820
Total liabilities and equity	2,042	1,922	1,913	1,866	1,932

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-04-30	FY 2025 2025-04-30	FY 2024 2024-04-30	FY 2023 2023-04-30	FY 2022 2022-04-30
(Gain)/loss on disposal and impairment of assets	−7	2	1	6	−14
(Gain)/loss on sale of investments	−377,000	−235,000	−1	148,000	−478,000
Provision for doubtful accounts	463,000	851,000	511,000	2	−617,000
Depreciation and amortization	47	47	49	40	40
Amortization of right-of-use lease assets	84	77	76	77	73
Lease impairment/(settlement)	0	0	−1	1	0
Equity-based compensation expense	16	17	14	12	12
Change in deferred taxes	18	5	−3	4	1
Change in receivables	1	−2	−17	54	−42
Change in inventories	26	13	20	32	−72
Change in other assets	−11	9	10	24	−16
Change in payables	4	−2	−9	5	6
Change in lease liabilities	−84	−79	−77	—	—
Change in other liabilities	−14	−22	−30	−126	13
Net cash provided by operating activities	204	187	158	205	79
Proceeds from disposals of assets	26	412,000	5	136,000	23
Capital expenditures	−76	−74	−54	−69	−77
Purchases of investments	−4	−7	−18	−9	−34
Proceeds from sales of investments	2	12	25	24	36
Acquisitions	−86	−30	−39	−17	−26
Net cash used for investing activities	−139	−98	−82	−70	−78
Payments on finance lease liabilities	−918,000	−663,000	−489,000	−123,000	—
Payments for debt issuance costs	−784,000	0	0	—	—
Holdback payments for acquisitions	0	0	−5	−5	−23
Stock issued for stock and employee benefit plans, net of shares withheld for taxes	−4	12	11	3	−2
Repurchases of common stock	−47	−78	−53	−5	−91
Dividends paid to shareholders	−38	−35	−33	−30	−28
Dividends paid to minority interest joint venture partners	0	−1	−1	0	−1
Net cash used for financing activities	−91	−103	−81	−37	−145
Effect of exchange rate changes on cash and equivalents	412,000	1	−926,000	−86,000	−2
Change in cash, cash equivalents and restricted cash	−25	−13	−6	98	−146
Capital expenditures included in accounts payable	9	7	6	8	9

Filings

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Frequently asked questions

What is LA-Z-BOY INC's CIK number?

LA-Z-BOY INC's SEC CIK number is 0000057131 (57131). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find LA-Z-BOY INC's SEC filings?

All of LA-Z-BOY INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did LA-Z-BOY INC last report earnings?

LA-Z-BOY INC (LZB) most recently filed an earnings 8-K with the SEC on Jun 16, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000057131-26-000018). This is LA-Z-BOY INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is LA-Z-BOY INC's most recent earnings 8-K?

LA-Z-BOY INC's latest earnings 8-K (Item 2.02) was filed Jun 16, 2026 under accession 0000057131-26-000018. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View LA-Z-BOY INC's latest earnings 8-K →
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