See more : Hyundai Motor Company (HYUD.L) Income Statement Analysis – Financial Results
Complete financial analysis of La-Z-Boy Incorporated (LZB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of La-Z-Boy Incorporated, a leading company in the Furnishings, Fixtures & Appliances industry within the Consumer Cyclical sector.
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La-Z-Boy Incorporated (LZB)
Industry: Furnishings, Fixtures & Appliances
Sector: Consumer Cyclical
Website: https://www.la-z-boy.com
About La-Z-Boy Incorporated
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Wholesale, Retail, Corporate and Other 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, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, and entertainment centers. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, England Custom Comfort Center locations, dealers, and other independent retailers. The company's Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. This segment operates a network of 161 company-owned La-Z-Boy Furniture Galleries stores. La-Z-Boy Incorporated also produces reclining chairs; and manufactures and distributes residential furniture. Its Corporate and Other segment sells the products through its website. 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 based in Monroe, Michigan.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.05B | 2.35B | 2.36B | 1.73B | 1.70B | 1.75B | 1.58B | 1.52B | 1.53B | 1.43B | 1.36B | 1.33B | 1.23B | 1.19B | 1.18B | 1.23B | 1.45B | 1.62B | 1.92B | 2.05B | 2.00B | 2.11B | 2.15B | 2.26B | 1.72B | 1.29B | 1.11B | 1.01B | 947.30M | 850.30M | 804.90M | 684.10M | 619.50M | 608.00M | 592.30M | 553.20M | 486.80M | 420.00M | 341.70M |
| Cost of Revenue | 1.17B | 1.34B | 1.44B | 993.98M | 982.54M | 1.04B | 961.20M | 913.52M | 943.36M | 920.90M | 892.86M | 907.59M | 851.82M | 832.80M | 804.49M | 887.91M | 1.06B | 1.19B | 1.46B | 1.57B | 1.56B | 1.62B | 1.65B | 1.71B | 1.25B | 924.70M | 804.30M | 724.30M | 685.30M | 614.10M | 579.90M | 492.30M | 438.30M | 435.50M | 416.60M | 384.20M | 337.90M | 280.80M | 228.70M |
| Gross Profit | 881.67M | 1.01B | 915.97M | 740.26M | 721.45M | 702.57M | 622.75M | 606.54M | 582.04M | 504.49M | 464.45M | 424.94M | 379.86M | 354.34M | 374.73M | 338.77M | 394.23M | 426.06M | 458.81M | 475.54M | 443.04M | 494.57M | 506.62M | 548.89M | 463.60M | 362.90M | 303.70M | 281.50M | 262.00M | 236.20M | 225.00M | 191.80M | 181.20M | 172.50M | 175.70M | 169.00M | 148.90M | 139.20M | 113.00M |
| Gross Profit Ratio | 43.07% | 42.93% | 38.86% | 42.68% | 42.34% | 40.25% | 39.32% | 39.90% | 38.16% | 35.39% | 34.22% | 31.89% | 30.84% | 29.85% | 31.78% | 27.62% | 27.17% | 26.34% | 23.94% | 23.22% | 22.16% | 23.42% | 23.52% | 24.33% | 26.99% | 28.18% | 27.41% | 27.99% | 27.66% | 27.78% | 27.95% | 28.04% | 29.25% | 28.37% | 29.66% | 30.55% | 30.59% | 33.14% | 33.07% |
| Research & Development | 9.60M | 9.10M | 9.00M | 7.60M | 10.80M | 9.10M | 7.90M | 8.00M | 8.40M | 6.10M | 7.90M | 7.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 567.50M | 638.26M | 582.41M | 508.92M | 467.52M | 466.50M | 405.08M | 393.86M | 388.34M | 338.16M | 315.56M | 303.41M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 150.90M | 159.00M | 126.80M | 94.60M | 108.30M | 106.40M | 88.30M | 82.10M | 70.80M | 63.30M | 59.60M | 53.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 718.25M | 797.26M | 709.21M | 603.52M | 575.82M | 572.90M | 493.38M | 475.96M | 459.14M | 401.46M | 375.16M | 357.31M | 330.23M | 323.31M | 331.49M | 375.01M | 399.47M | 386.44M | 410.35M | 401.59M | 341.96M | 331.70M | 398.23M | 382.40M | 288.96M | 234.10M | 205.50M | 187.20M | 174.40M | 158.60M | 150.70M | 130.90M | 122.90M | 115.20M | 111.60M | 106.90M | 91.40M | 85.50M | 65.60M |
| Other Expenses | 0.00 | -11.78M | -1.71M | 9.47M | -6.98M | -2.24M | -1.65M | 251.00K | 2.31M | 1.96M | 2.05M | 3.21M | 18.00M | 0.00 | 0.00 | 0.00 | 8.43M | 0.00 | 16.05M | -10.29M | 71.94M | 0.00 | 11.69M | 0.00 | 30.34M | 22.10M | 21.00M | 20.40M | 20.10M | 15.20M | 14.00M | 14.10M | 14.80M | 14.00M | 13.70M | 13.60M | 14.20M | 9.00M | 6.80M |
| Operating Expenses | 730.87M | 797.26M | 709.21M | 603.52M | 575.82M | 572.90M | 493.38M | 475.96M | 459.14M | 401.46M | 375.16M | 357.31M | 330.23M | 323.31M | 331.49M | 375.01M | 407.90M | 386.44M | 426.40M | 391.30M | 413.90M | 331.70M | 409.92M | 382.40M | 319.30M | 256.20M | 226.50M | 207.60M | 194.50M | 173.80M | 164.70M | 145.00M | 137.70M | 129.20M | 125.30M | 120.50M | 105.60M | 94.50M | 72.40M |
| Cost & Expenses | 1.90B | 2.14B | 2.15B | 1.60B | 1.56B | 1.62B | 1.45B | 1.39B | 1.40B | 1.32B | 1.27B | 1.26B | 1.18B | 1.16B | 1.14B | 1.26B | 1.46B | 1.58B | 1.88B | 1.96B | 1.97B | 1.95B | 2.06B | 2.09B | 1.57B | 1.18B | 1.03B | 931.90M | 879.80M | 787.90M | 744.60M | 637.30M | 576.00M | 564.70M | 541.90M | 504.70M | 443.50M | 375.30M | 301.10M |
| Interest Income | 15.48M | 6.67M | 1.34M | 1.10M | 2.79M | 2.10M | 1.71M | 981.00K | 827.00K | 1.03M | 761.00K | 621.00K | 611.00K | 944.00K | 724.00K | 2.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 455.00K | 536.00K | 895.00K | 1.39M | 1.29M | 1.54M | 538.00K | 1.07M | 486.00K | 523.00K | 548.00K | 746.00K | 1.38M | 2.35M | 2.97M | 5.58M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 124.55M | 116.52M | 112.29M | 33.02M | 98.87M | 31.15M | 31.77M | 29.13M | 26.52M | 22.28M | 23.18M | 23.14M | 23.49M | 24.30M | 25.25M | 71.16M | 24.70M | 27.20M | 29.23M | 28.33M | 29.11M | 30.70M | 43.99M | 45.70M | 30.34M | 22.10M | 21.00M | 20.40M | 20.10M | 15.20M | 14.00M | 14.10M | 14.80M | 14.00M | 13.70M | 13.60M | 14.20M | 9.00M | 6.80M |
| EBITDA | 290.76M | 322.84M | 318.68M | 169.41M | 215.33M | 158.35M | 161.20M | 160.94M | 154.41M | 125.45M | 115.29M | 94.60M | 91.73M | 52.61M | 72.94M | -67.96M | 24.10M | 67.27M | 43.77M | 106.39M | 78.12M | 190.94M | 140.69M | 166.49M | 174.64M | 128.80M | 98.20M | 94.30M | 87.60M | 77.60M | 74.30M | 60.90M | 58.30M | 57.30M | 64.10M | 62.10M | 57.50M | 53.70M | 47.40M |
| EBITDA Ratio | 14.20% | 13.75% | 13.54% | 14.18% | 14.10% | 9.21% | 10.18% | 10.59% | 10.00% | 9.00% | 8.49% | 7.10% | 7.45% | 4.83% | 6.25% | 3.71% | 0.69% | 4.29% | 4.65% | 5.99% | 6.29% | 9.04% | 7.03% | 9.08% | 9.95% | 9.63% | 8.30% | 8.95% | 8.83% | 8.77% | 9.02% | 8.65% | 9.14% | 9.18% | 10.40% | 10.67% | 11.26% | 12.29% | 13.05% |
| Operating Income | 150.80M | 211.44M | 206.76M | 136.74M | 118.76M | 129.67M | 129.37M | 130.58M | 122.39M | 103.17M | 89.30M | 67.63M | 49.63M | 25.91M | 41.94M | -94.07M | -16.75M | 31.96M | 19.13M | 63.65M | 29.14M | 162.87M | 96.70M | 120.79M | 144.30M | 106.70M | 77.20M | 73.90M | 67.50M | 62.40M | 60.30M | 46.80M | 43.50M | 43.30M | 50.40M | 48.50M | 43.30M | 44.70M | 40.60M |
| Operating Income Ratio | 7.37% | 9.00% | 8.77% | 7.88% | 6.97% | 7.43% | 8.17% | 8.59% | 8.02% | 7.24% | 6.58% | 5.08% | 4.03% | 2.18% | 3.56% | -7.67% | -1.15% | 1.98% | 1.00% | 3.11% | 1.46% | 7.71% | 4.49% | 5.35% | 8.40% | 8.29% | 6.97% | 7.35% | 7.13% | 7.34% | 7.49% | 6.84% | 7.02% | 7.12% | 8.51% | 8.77% | 8.89% | 10.64% | 11.88% |
| Total Other Income/Expenses | 14.96M | -5.65M | -1.27M | 9.18M | -3.59M | -34.35M | -479.00K | -2.60M | -288.00K | 2.46M | 2.26M | 3.08M | 9.32M | 57.00K | 2.78M | -2.95M | 2.26M | -2.10M | -9.37M | -10.27M | -6.89M | -7.89M | -7.76M | -8.75M | -3.99M | 500.00K | 2.10M | -100.00K | -1.30M | -400.00K | -2.20M | -1.50M | -3.60M | -4.90M | -4.80M | -4.50M | -1.30M | 300.00K | 1.10M |
| Income Before Tax | 165.75M | 205.79M | 205.49M | 145.91M | 115.17M | 95.33M | 128.89M | 130.74M | 125.04M | 105.63M | 91.56M | 70.71M | 66.86M | 25.97M | 44.72M | -97.02M | -14.49M | 29.86M | 9.43M | 53.38M | 22.29M | 155.00M | 88.94M | 112.04M | 140.31M | 107.20M | 79.30M | 73.80M | 66.20M | 62.00M | 58.10M | 45.30M | 39.90M | 38.40M | 45.60M | 44.00M | 42.00M | 45.00M | 41.70M |
| Income Before Tax Ratio | 8.10% | 8.76% | 8.72% | 8.41% | 6.76% | 5.46% | 8.14% | 8.60% | 8.20% | 7.41% | 6.75% | 5.31% | 5.43% | 2.19% | 3.79% | -7.91% | -1.00% | 1.85% | 0.49% | 2.61% | 1.12% | 7.34% | 4.13% | 4.97% | 8.17% | 8.33% | 7.16% | 7.34% | 6.99% | 7.29% | 7.22% | 6.62% | 6.44% | 6.32% | 7.70% | 7.95% | 8.63% | 10.71% | 12.20% |
| Income Tax Expense | 41.12M | 53.85M | 53.16M | 38.38M | 36.19M | 25.19M | 47.30M | 43.76M | 44.08M | 36.95M | 31.38M | 23.53M | -22.05M | 8.59M | 12.67M | 24.33M | -6.95M | 10.09M | 12.47M | 20.28M | 19.76M | 58.90M | 27.19M | 43.71M | 52.70M | 41.10M | 29.40M | 28.50M | 26.90M | 25.70M | 23.40M | 18.00M | 14.80M | 15.00M | 17.30M | 16.50M | 15.50M | 20.30M | 18.70M |
| Net Income | 122.63M | 150.66M | 150.02M | 106.46M | 77.47M | 68.57M | 80.87M | 85.92M | 79.25M | 70.77M | 55.06M | 46.39M | 87.97M | 24.05M | 32.54M | -121.35M | -13.54M | 4.14M | -3.04M | 37.19M | -5.80M | 36.32M | 61.75M | 68.34M | 87.61M | 66.10M | 49.90M | 45.30M | 39.30M | 36.30M | 38.10M | 27.30M | 25.10M | 23.40M | 28.30M | 27.50M | 26.50M | 24.70M | 23.00M |
| Net Income Ratio | 5.99% | 6.41% | 6.37% | 6.14% | 4.55% | 3.93% | 5.11% | 5.65% | 5.20% | 4.97% | 4.06% | 3.48% | 7.14% | 2.03% | 2.76% | -9.89% | -0.93% | 0.26% | -0.16% | 1.82% | -0.29% | 1.72% | 2.87% | 3.03% | 5.10% | 5.13% | 4.50% | 4.50% | 4.15% | 4.27% | 4.73% | 3.99% | 4.05% | 3.85% | 4.78% | 4.97% | 5.44% | 5.88% | 6.73% |
| EPS | 2.86 | 3.49 | 3.41 | 2.31 | 1.67 | 1.46 | 1.70 | 1.75 | 1.57 | 1.36 | 1.04 | 0.87 | 1.66 | 0.46 | 0.63 | -2.36 | -0.26 | 0.08 | -0.06 | 0.71 | -0.11 | 0.66 | 1.03 | 1.13 | 1.61 | 1.25 | 0.93 | 0.83 | 0.71 | 0.67 | 0.69 | 0.50 | 0.46 | 0.43 | 0.53 | 0.51 | 0.48 | 0.45 | 0.42 |
| EPS Diluted | 2.83 | 3.48 | 3.39 | 2.30 | 1.66 | 1.45 | 1.68 | 1.73 | 1.55 | 1.34 | 1.02 | 0.85 | 1.64 | 0.45 | 0.62 | -2.36 | -0.26 | 0.08 | -0.06 | 0.71 | -0.11 | 0.63 | 1.01 | 1.13 | 1.60 | 1.24 | 0.93 | 0.83 | 0.71 | 0.67 | 0.69 | 0.50 | 0.46 | 0.43 | 0.53 | 0.51 | 0.48 | 0.45 | 0.42 |
| Weighted Avg Shares Out | 42.88M | 43.15M | 44.02M | 45.98M | 46.40M | 46.83M | 47.62M | 48.47M | 50.19M | 50.75M | 51.98M | 52.35M | 51.94M | 51.85M | 51.53M | 51.46M | 51.41M | 51.48M | 51.80M | 52.08M | 53.51M | 57.12M | 60.74M | 60.55M | 54.49M | 52.89M | 53.66M | 54.32M | 55.49M | 54.13M | 54.80M | 54.60M | 54.57M | 54.42M | 53.40M | 53.92M | 55.21M | 54.89M | 54.76M |
| Weighted Avg Shares Out (Dil) | 43.28M | 43.24M | 44.29M | 46.37M | 46.74M | 47.33M | 48.14M | 49.47M | 50.77M | 52.35M | 53.83M | 53.69M | 52.48M | 52.28M | 51.73M | 51.46M | 51.41M | 51.61M | 51.80M | 52.14M | 53.68M | 57.44M | 61.13M | 60.69M | 54.86M | 53.15M | 53.85M | 55.00M | 56.00M | 54.88M | 54.89M | 54.60M | 54.57M | 54.42M | 53.40M | 53.92M | 55.21M | 54.89M | 54.76M |
La-Z-Boy Stock Jumps on Strong Earnings, Upbeat Outlook—Watch This Price Level
Shares in furniture maker La-Z-Boy (LZB) jumped more than 9% ahead of Tuesday's opening bell after the company eased investors' fears over slowing consumer spending and a sluggish housing market by announcing quarterly results and forward sales guidance that came...
La-Z-Boy (LZB) Q4 Earnings and Revenues Surpass Estimates
La-Z-Boy (LZB) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.99 per share a year ago.
La-Z-Boy is opening new stores, despite expectations for ‘volatile' furniture demand
Shares of La-Z-Boy Inc. rallied after hours on Monday after the maker of recliners and other furniture reported fourth-quarter results that topped expectations despite a “volatile” furniture industry hit by a largely frozen housing market.
La-Z-Boy Incorporated Reports Solid Fourth Quarter and Full Year Results; Operating Cash Flow of $158 million for the Full Year
Fiscal 2024 Fourth Quarter Highlights : Consolidated delivered sales of $554 million Up 22% versus most recent pre-pandemic fourth quarter (Fiscal 2019 Fourth Quarter) Down 1% versus prior year GAAP diluted EPS of $0.91 Non-GAAP(1) diluted EPS of $0.95 Generated $53 million...
Wall Street Brunch: Retail Sales Highlight Holiday Week
Retail sales anticipated to rise for the first time since January. How to build a rate-agnostic portfolio.
Here's What to Expect From La-Z-Boy (LZB) in Q4 Earnings
Softened demand for home furnishings space is expected to have dented La-Z-Boy's (LZB) fourth-quarter fiscal 2024 performance.
La-Z-Boy Incorporated Announces Timing of Fiscal 2024 Fourth Quarter and Full Year Earnings Release and Conference Call
MONROE, Mich., June 03, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its Fiscal 2024 Fourth Quarter and Full Year results for the period ended April 27, 2024 after the close of trading on the New York Stock...
La-Z-Boy Incorporated Declares Quarterly Dividend
MONROE, Mich., May 01, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today declared a quarterly cash dividend on the company's common stock of $0.20 per share. The dividend...
La-Z-Boy Incorporated: Optimism Amidst The Housing Shortage Crisis
LZB is focusing on gaining market share and strengthening operating margins amidst a weak furniture industry outlook. FY22 saw significant revenue growth and an increase in orders due to pent-up demand post-pandemic. LZB is preparing for the normalization of the...
England Furniture Brand Celebrates 60th Anniversary at High Point Furniture Market
HIGH POINT, N.C., April 19, 2024 (GLOBE NEWSWIRE) -- England Inc., a leader in customized upholstery with fast speed to market, and a subsidiary of La-Z-Boy Incorporated (NYSE: LZB), celebrated its 60th anniversary with a ribbon cutting ceremony at Furniture...
Source: https://incomestatements.info
Category: Stock Reports