- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- About
La-Z-Boy Incorporated (LZB)

- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
01/09/2026: LZB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $42.5
1 Year Target Price $42.5
| 1 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -18.88% | Avg. Invested days 30 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.63B USD | Price to earnings Ratio 18.32 | 1Y Target Price 42.5 |
Price to earnings Ratio 18.32 | 1Y Target Price 42.5 | ||
Volume (30-day avg) 3 | Beta 1.28 | 52 Weeks Range 28.85 - 47.22 | Updated Date 01/9/2026 |
52 Weeks Range 28.85 - 47.22 | Updated Date 01/9/2026 | ||
Dividends yield (FY) 2.26% | Basic EPS (TTM) 2.16 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 4.29% | Operating Margin (TTM) 6.92% |
Management Effectiveness
Return on Assets (TTM) 4.68% | Return on Equity (TTM) 8.84% |
Valuation
Trailing PE 18.32 | Forward PE - | Enterprise Value 1773946809 | Price to Sales(TTM) 0.77 |
Enterprise Value 1773946809 | Price to Sales(TTM) 0.77 | ||
Enterprise Value to Revenue 0.84 | Enterprise Value to EBITDA 6.9 | Shares Outstanding 41248970 | Shares Floating 40463177 |
Shares Outstanding 41248970 | Shares Floating 40463177 | ||
Percent Insiders 2.73 | Percent Institutions 101.56 |
Upturn AI SWOT
La-Z-Boy Incorporated

Company Overview
History and Background
La-Z-Boy Incorporated was founded in 1927 by Edward M. Knabusch and Edwin J. Shoemaker in Monroe, Michigan. Initially, they manufactured a wooden slat rocking chair. In 1928, they redesigned it with upholstered foam rubber and springs, creating the first recliner. The company has since evolved from a small furniture manufacturer to a leading global brand known for its comfort and innovation in upholstered furniture.
Core Business Areas
- Wholesale: This segment designs, manufactures, and distributes upholstered furniture, including recliners, sofas, loveseats, chairs, and sectionals, primarily to independent dealers and its own retail stores. This is the core of their business, representing the majority of their revenue.
- Retail: This segment operates La-Z-Boy Furniture Galleries stores, which sell La-Z-Boy branded furniture and complementary products directly to consumers. This segment provides a direct channel to market and valuable customer insights.
Leadership and Structure
La-Z-Boy Incorporated is led by a Board of Directors and a management team. Key executives include the Chief Executive Officer (CEO), Chief Financial Officer (CFO), and various senior vice presidents responsible for operations, sales, marketing, and human resources. The company is structured into divisions that align with its wholesale and retail business segments.
Top Products and Market Share
Key Offerings
- La-Z-Boy Recliners: The iconic La-Z-Boy recliner remains a flagship product, known for its comfort and durability. La-Z-Boy holds a significant share in the recliner market, though specific market share figures are not publicly disclosed by product line. Key competitors include Ashley Furniture Industries, Klaussner Home Furnishings, and Simmons Upholstery.
- La-Z-Boy Sofas and Sectionals: The company offers a wide range of upholstered sofas, loveseats, and sectionals designed for comfort and style, complementing their recliner offerings. Competitors in this broader segment include Ethan Allen, Crate & Barrel, and Pottery Barn.
- La-Z-Boy Furniture Galleries: This retail segment offers a curated selection of La-Z-Boy products and related home furnishings. The success of this segment is tied to the brand's overall strength and customer loyalty.
Market Dynamics
Industry Overview
The US furniture industry is mature and competitive, influenced by consumer spending, housing market trends, and economic conditions. The upholstered furniture segment, in particular, benefits from a focus on home comfort and interior design. The industry is experiencing a shift towards e-commerce and direct-to-consumer models, alongside a continued demand for quality and customization.
Positioning
La-Z-Boy is positioned as a leading brand in the comfortable, durable, and reliable upholstered furniture market, particularly in the recliner segment. Its strong brand recognition, extensive distribution network (including company-owned stores), and focus on innovation in comfort technology are key competitive advantages. However, it faces competition from a wide range of manufacturers, from mass-market retailers to high-end custom furniture makers.
Total Addressable Market (TAM)
The global furniture market is estimated to be hundreds of billions of dollars, with the US market representing a significant portion. The upholstered furniture segment within the US is a substantial part of this TAM. La-Z-Boy Incorporated, as a prominent player in the US, aims to capture a significant share of this market, especially within its core segments of recliners and broader upholstered seating.
Upturn SWOT Analysis
Strengths
- Strong brand recognition and reputation for comfort and quality.
- Extensive and well-established distribution network, including La-Z-Boy Furniture Galleries.
- Vertically integrated operations, providing control over manufacturing and supply chain.
- Long history and deep experience in the upholstered furniture market.
- Continuous innovation in comfort and design features.
Weaknesses
- Reliance on a specific product category (recliners) for a significant portion of revenue.
- Vulnerability to fluctuations in raw material costs (e.g., foam, fabric, wood).
- Perception as a more traditional brand, which may not appeal to all demographics.
- Potential for intense price competition from lower-cost manufacturers.
Opportunities
- Expansion into new product lines and complementary home furnishings.
- Growth in international markets.
- Leveraging e-commerce and digital marketing to reach a wider customer base.
- Partnerships and collaborations to enhance brand reach and product offerings.
- Focus on sustainable and eco-friendly manufacturing practices.
Threats
- Economic downturns impacting consumer discretionary spending.
- Intensifying competition from domestic and international players, including online retailers.
- Changes in consumer preferences and design trends.
- Supply chain disruptions and rising logistics costs.
- Regulatory changes impacting manufacturing or trade.
Competitors and Market Share
Key Competitors
- Ashley Furniture Industries (ASH)
- Klaussner Home Furnishings (Private)
- Flexsteel Industries (FLXS)
- Herman Miller (MLHR) - focused on office but has residential furniture
- Steelcase (SCS) - focused on office but has residential furniture
- Ethan Allen Interiors (ETD)
Competitive Landscape
La-Z-Boy holds a strong position in the mid-to-upper tier of the upholstered furniture market, particularly with its recliner segment. Its primary advantage lies in its brand recognition, extensive dealer network, and perceived quality. However, competitors like Ashley Furniture offer a broader range of price points and styles, while companies like Ethan Allen compete on design and customization. The rise of online furniture retailers also presents a significant challenge.
Growth Trajectory and Initiatives
Historical Growth: La-Z-Boy has experienced consistent growth over the past decade, driven by strategic expansions, product innovation, and increased demand for home furnishings. The company has successfully navigated economic downturns and adapted to changing consumer preferences.
Future Projections: Analyst estimates for La-Z-Boy's future growth are generally positive, with expectations of continued revenue increases and stable profitability. Growth is anticipated to be driven by ongoing product development, expansion of its retail footprint, and leveraging its strong brand equity. (Specific analyst projections require access to current financial reports).
Recent Initiatives: Expansion of the La-Z-Boy Furniture Galleries network.,Introduction of new upholstery fabrics and designs, including performance fabrics.,Investments in e-commerce capabilities and digital marketing.,Focus on operational efficiency and supply chain optimization.
Summary
La-Z-Boy Incorporated is a well-established and strong player in the US furniture market, particularly in recliners. Its brand recognition, extensive distribution, and consistent profitability are significant strengths. The company needs to remain vigilant about evolving consumer tastes and increasing online competition, while continuing to innovate and expand its product offerings to maintain its growth trajectory.
Similar Stocks
Sources and Disclaimers
Data Sources:
- La-Z-Boy Incorporated Investor Relations
- Financial news outlets (e.g., Wall Street Journal, Bloomberg)
- Industry research reports
- Company annual and quarterly reports (10-K, 10-Q)
Disclaimers:
This analysis is based on publicly available information and may not be exhaustive. Financial data and market share figures are subject to change. This information is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About La-Z-Boy Incorporated
Exchange NYSE | Headquaters Monroe, MI, United States | ||
IPO Launch date 1988-01-05 | President, CEO & Board Chair Ms. Melinda D. Whittington CPA | ||
Sector Consumer Cyclical | Industry Furnishings, Fixtures & Appliances | Full time employees 10600 | Website https://www.la-z-boy.com |
Full time employees 10600 | Website https://www.la-z-boy.com | ||
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States, Canada, and internationally. It operates through Wholesale and Retail segments. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio and branded space locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other home furnishing accessories to the end consumer through its retail stores network. It licenses La-Z-Boy brand name on various products; and operates Joybird, an e-commerce retailer that manufacturers upholstered furniture, as well as sells to the end consumer primarily online through its www.joybird.com website and small-format stores in urban markets. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is headquartered in Monroe, Michigan.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
Home 

