La-Z-Boy Inc - Company Profile
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La-Z-Boy Inc (La-Z-Boy) is a furniture company that manufactures, markets, imports, distributes, and retails upholstery products, accessories, and case goods furniture related products. La-Z-Boy markets its products under La-Z-Boy, Kincaid, American Drew and Hammary brand names. The company sells its products through a network of La-Z-Boy Furniture Galleries stores, Comfort Studios, and other dealers. Its product portfolio includes recliners and motion furniture, sofas, loveseats, chairs, ottomans, sleepers, sectionals, tables, entertainment centers, bedroom sets, dining room sets and accent pieces. The company has operations in the US and Canada and sells its products in countries in Europe and Asia through owned stores and other retailers. La-Z-Boy is headquartered in Monroe, Michigan, the US.
Headquarters
United States of America
Address
One La-Z-Boy Drive, Monroe, Michigan, 48162
Website
www.la-z-boy.com
Telephone
1 734 2421444
No of Employees
10,500
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
LZB (NYSE)
Revenue (2022)
$2.3B
-0.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
0.4%
(2022 vs 2021)
Market Cap*
$1.4B
Net Profit Margin (2022)
XYZ
0.6%
(2022 vs 2021)
* As of and is in US$
La-Z-Boy Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Chairs | La-Z-Boy |
| Home Decor Products | England Furniture |
| Loveseats | Kincaid Furniture |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In February, the company unveiled a new collection of living room furniture pieces crafted to enhance relaxation and comfort. |
| 2023 | Contracts/Agreements | In December, the company partnered with Fivetran to break data silos and accelerate data-driven decision making across the organization. |
| 2023 | Contracts/Agreements | In August, the company selected InMoment's XI Platform to bring meaningful products and quality experiences to a new generation of customers. |
Competitor Comparison
| Key Parameters | La-Z-Boy Inc | Amazon.com Inc | Williams Sonoma Inc | Ashley Furniture Industries Inc | Man Wah Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | Hong Kong |
| City | Monroe | Seattle | San Francisco | Arcadia | Hong Kong |
| State/Province | Michigan | Washington | California | Wisconsin | - |
| No. of Employees | 10,500 | 1,525,000 | 12,500 | 30,000 | 27,170 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Melinda D. Whittington | Chief Executive Officer; President; Director | Executive Board | 2021 | 55 |
| Robert G. Lucian | Chief Financial Officer; Senior Vice President | Senior Management | 2021 | 60 |
| Carol Y. Lee | Vice President; Chief Information Officer | Senior Management | 2022 | 51 |
| Raphael Z. Richmond | General Counsel; Chief Compliance Officer; Vice President | Senior Management | 2021 | 53 |
| Katherine E. Vanderjagt | Vice President; Chief Human Resources Officer | Senior Management | 2018 | 41 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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