Stock events for La-Z-Boy, Inc. (LZB)
La-Z-Boy's stock has been influenced by several key events in the past six months. The company reported its Q2 2026 earnings, surpassing analyst estimates, which led to a notable increase in its stock price. Conversely, the Q1 2026 earnings report showed a year-over-year decline in sales and a drop in operating margin, resulting in a plunge in the stock. The company announced the acquisition of a 15-store network in the Southeast U.S. The company announced a strategic leadership realignment amidst ongoing industry challenges and a tariff investigation concerning imported upholstered furniture. The company also had an ex-dividend date on December 4, 2025. La-Z-Boy was recognized by TIME magazine as one of America's Most Iconic Companies for 2026.
Demand Seasonality affecting La-Z-Boy, Inc.’s stock price
Demand for La-Z-Boy's products is influenced by trends in the furniture industry and can experience seasonality. Factors such as housing sales and overall consumer uncertainty play a role in demand fluctuations. Historically, the May-July fiscal Q1 period is considered a seasonally slow quarter for the company.
Overview of La-Z-Boy, Inc.’s business
La-Z-Boy, Inc. is a leading American manufacturer, distributor, and retailer of residential furniture, operating within the Consumer Cyclical sector. The company is vertically integrated, managing everything from manufacturing to retail and distribution. Its product portfolio includes reclining chairs, sofas, sectionals, and various home accents, marketed under brands like La-Z-Boy, England, and Kincaid.
LZB’s Geographic footprint
La-Z-Boy has a significant presence in North America, with manufacturing and distribution in the United States and Mexico. Its retail network includes 370 La-Z-Boy stores, partnerships with national chains, and independent dealers. Globally, La-Z-Boy serves markets across Asia, the UK, Australia, New Zealand, Latin America, Europe, the Middle East, and Africa.
LZB Corporate Image Assessment
La-Z-Boy has actively worked to enhance and modernize its brand reputation. The company was named one of America's Most Iconic Companies for 2026 by TIME magazine. La-Z-Boy unveiled its first major brand refresh in over two decades, aiming to appeal to new generations. La-Z-Boy began actively repositioning itself as a lifestyle brand, focusing on modern aesthetics and new retail experiences. A rebrand campaign generated over 600 million impressions and contributed to a 25%+ year-over-year increase in sales. La-Z-Boy was ranked No. 1 in the furniture category on Newsweek's 2025 list of America's Best Retailers.
Ownership
La-Z-Boy's ownership is predominantly held by institutional investors, who collectively own 83.16% of the company's shares. BlackRock, Inc. is the largest institutional shareholder, holding 15.01%. Individual shareholders account for 1.86% of the ownership, while insiders own 9.37% of the stock, with James W. Johnston being the largest individual shareholder at 4.58%.
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