Headquartered in Monroe, MI Fiscal year ends April NYSE: LZB la-z-boy.com
La-Z-Boy Incorporated is a vertically integrated retailer and manufacturer of residential furniture, primarily focused on custom upholstered products. The company operates through three segments: Retail (234 company-owned La-Z-Boy stores out of approximately 380 total La-Z-Boy stores), Wholesale (manufacturing operations with over 90% of products produced in North America), and Joybird (an omnichannel retailer and manufacturer of modern custom upholstered furniture with 16 U.S. stores). La-Z-Boy manages the full end-to-end consumer experience from design and manufacturing to retail, distribution, and after-service care. The company also sells through its digital platform at La-Z-Boy.com and through independent dealers. With approximately 10,000 employees globally, the company is in its 100th year and recently divested its wholesale casegoods business to focus on its core upholstery operations. The company carries no external debt. Updated
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Douglas A. McIntyre La-Z-Boy Incorporated is a vertically integrated retailer and manufacturer of residential furniture, primarily focused on custom upholstered products.
The Wall Street consensus 12-month price target for LZB is $41.00.
