La-Z-Boy Incorporated (LZB)

In the past six months, La-Z-Boy, Inc.'s stock price has been impacted by its earnings reports and broader market conditions. The company's shares experienced a significant drop of 14.04% following its Q1 fiscal year 2026 earnings announcement on August 19, 2025, where it reported an EPS of $0.47, missing forecasts by 11.32%, and revenue of $492.23 million, slightly below expectations. Earlier, in November 2024, La-Z-Boy's shares climbed by 3.76% after reporting mixed Q4 results. As of October 27, 2025, the stock has seen a 3.15% rise compared to the previous week, but a -4.61% fall over the month and a -17.06% decrease over the last year.

Demand for La-Z-Boy, Inc. products and services exhibits seasonality, with the May-July fiscal first quarter typically being a seasonally slow period. Demand trends have returned to pre-pandemic patterns, meaning furniture demand and purchasing cycles now respond to macroeconomic conditions as they historically have.

La-Z-Boy, Inc. is an American furniture manufacturer and retailer operating in the Consumer Discretionary sector, specifically the Home Furnishings industry. The company manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, including reclining chairs, sofas, sectionals, and casegoods under brand names like La-Z-Boy, England, Kincaid, and Joybird. Operations are divided into Wholesale and Retail segments, with the Retail segment selling directly to consumers through company-owned stores, and the Wholesale segment selling to various retailers and branded locations.

La-Z-Boy, Inc. has a significant geographic footprint, with operations and sales spanning the United States, Canada, Mexico, and the United Kingdom. While it is a global manufacturer with plants in Europe and Asia, the majority of its furniture is manufactured in North America, with key facilities in Dayton, Tennessee, and in Ottawa and Kingston, Canada.

In the past year, La-Z-Boy, Inc. was named to Forbes' 2025 list of America's Best Large Employers, highlighting its commitment to its workforce. The company is also engaged in a brand refresh strategy to reposition itself for modern audiences as it approaches its 100th anniversary in 2027, involving new marketing campaigns and influencer marketing. However, a class action settlement related to Washington job postings for LZB Retail Inc. could be a minor event affecting its reputation.

La-Z-Boy, Inc. has substantial institutional ownership, with 92.94% of its shares held by institutions such as BlackRock, Inc., Vanguard Group Inc., and Dimensional Fund Advisors Lp. Individual ownership accounts for 1.95% of the shares.