LA-Z-BOY INCLZBEarnings & Financial Report
La-Z-Boy Inc. is an American furniture manufacturer based in Monroe, Michigan, United States, that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. The company employs more than 11,000 people.
Revenue
$521.0M
Gross Profit
$230.6M
Operating Profit
$38.8M
Net Profit
$30.0M
Gross Margin
44.3%
Operating Margin
7.4%
Net Margin
5.8%
YoY Growth
1.9%
EPS
$0.71
LA-Z-BOY INC Q2 FY2025 Financial Summary
LA-Z-BOY INC reported revenue of $521.0M (up 1.9% YoY) for Q2 FY2025, with a net profit of $30.0M (up 10.4% YoY) (5.8% margin). Cost of goods sold was $290.4M, operating expenses totaled $191.9M.
Key Financial Metrics
| Total Revenue | $521.0M |
|---|---|
| Net Profit | $30.0M |
| Gross Margin | 44.3% |
| Operating Margin | 7.4% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
LA-Z-BOY INC Q2 FY2025 revenue of $521.0M breaks down across 3 segments, led by Stationary Upholstery Furniture at $287.1M (55.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Stationary Upholstery Furniture | $287.1M | 55.1% |
| Retail Segment | $221.6M | 42.5% |
| Other | $16.5M | 3.2% |
LA-Z-BOY INC Revenue by Segment — Quarterly Trend
LA-Z-BOY INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Stationary Upholstery Furniture and Retail Segment) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Stationary Upholstery Furniture | $286.2M | $288.3M | $286.2M | $319.0M |
| Retail Segment | $251.9M | $222.0M | — | $246.8M |
| Other | — | $12.2M | $125.6M | — |
LA-Z-BOY INC Annual Revenue by Year
LA-Z-BOY INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.1B |
| 2024 | $2.0B |
| 2023 | $2.3B |
| 2022 | $2.4B |
LA-Z-BOY INC Quarterly Revenue & Net Profit History
LA-Z-BOY INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $541.6M | +3.8% | $21.6M | 4.0% |
| Q2 FY2026 | $522.5M | +0.3% | $28.9M | 5.5% |
| Q1 FY2026 | $492.2M | -0.7% | $18.2M | 3.7% |
| Q4 FY2025 | $570.9M | +3.1% | $14.9M | 2.6% |
| Q3 FY2025 | $521.8M | +4.3% | $28.4M | 5.4% |
| Q2 FY2025 | $521.0M | +1.9% | $30.0M | 5.8% |
| Q1 FY2025 | $495.5M | +2.9% | $26.2M | 5.3% |
| Q4 FY2024 | $553.5M | -1.4% | $39.3M | 7.1% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $553.5M | $495.5M | $521.0M | $521.8M | $570.9M | $492.2M | $522.5M | $541.6M |
| YoY Growth | -1.4% | 2.9% | 1.9% | 4.3% | 3.1% | -0.7% | 0.3% | 3.8% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.91B | $1.92B | $1.93B | $1.96B | $1.92B | $1.93B | $1.96B | $2.09B |
| Liabilities | $910.4M | $918.4M | $918.3M | $937.6M | $901.5M | N/A | N/A | N/A |
| Equity | $1.00B | $999.2M | $1.01B | $1.02B | $1.02B | $1.02B | $1.04B | $1.04B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $52.8M | $52.3M | $15.9M | $57.0M | $62.0M | $36.3M | $50.0M | $89.4M |