La-Z-Boy Incorporated (LZB)

Over the past year, La-Z-Boy's stock has declined by 11.91%, with a 52-week trading range between $29.03 and $48.13. Key events include Q1 Fiscal Year 2026 results, which reported a sales decline and a drop in adjusted earnings per share, leading to an initial drop in shares. Q2 Fiscal Year 2026 earnings reported an EPS that surpassed analysts' consensus estimates. The company raised prices in 2025 due to tariffs on upholstered furniture, and announced a 10% dividend hike in fiscal year 2025.

While specific detailed seasonality data is not explicitly provided, La-Z-Boy experienced positive sales growth for eight consecutive quarters as of Q4 2022. More recently, the company has noted uneven consumer demand and soft industry demand in its Q1 fiscal year 2026 report, leading to a slight decline in overall sales. Management also described consumer demand as choppy in November 2025.

La-Z-Boy, Inc. is a U.S.-based company involved in the manufacturing, distribution, and retail of upholstery furniture products, operating within the Home Furnishings sector. It is a leading global producer of reclining chairs and a significant manufacturer and distributor of residential furniture in the United States. The company's product portfolio includes upholstered recliners, sofas, stationary chairs, lift chairs, sleeper sofas, and casegoods, marketed under brands like La-Z-Boy, Joybird, Hammary, England Furniture Co., Kincaid, and American Drew. The company operates through Wholesale and Retail segments.

La-Z-Boy, Inc. primarily operates in the United States and Canada. Its furniture is manufactured and distributed under license in other countries, including the United Kingdom, Australia, Germany, Indonesia, Italy, Japan, Mexico, New Zealand, Turkey, South Africa, Kuwait, and Qatar. The company's global floor space totals approximately 12.1 million square feet and manages over 350 La-Z-Boy Furniture Galleries stores, with around 190 being company-owned.

In 2025, La-Z-Boy undertook a brand refresh as part of its "Century Vision" strategy, including a new logo and visual identity. The company's reputation was also impacted by a class-action lawsuit settlement involving its subsidiary, Joybird, which agreed to a $7.15 million settlement to resolve claims of deceptively advertised discounts.

La-Z-Boy, Inc. is a publicly traded company on the New York Stock Exchange, with its ownership broadly distributed. Institutional investors hold a significant majority of the company's shares, approximately 72.98% to 83.16%. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., and Dimensional Fund Advisors, L.P. Individual shareholders collectively hold a smaller percentage, around 1.86% to 25.20%, while insiders own approximately 1.83% to 9.37% of the stock. James W. Johnston is noted as the largest individual shareholder.