La-Z-Boy Inc - Company Profile
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Business Description
La-Z-Boy Inc (La-Z-Boy) is a furniture manufacturing company that offers reclining chairs and residential furniture. It is primarily engaged in the manufacturing, importing, and retailing of upholstered and casegoods furniture. The company offers a wide range of seating options, including sofas, chairs, loveseats, sectionals, modular pieces, and ottomans. It also provides bedroom furniture such as beds, nightstands, chests, dressers, and benches, as well as dining room items like storage units, dining tables, and stools. In addition, the company carries versatile home furnishings, including chairsides, cocktail tables, sofa tables, end tables, and entertainment centers.
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R&D Overview
La-Z-Boy is committed to innovation and focuses on leveraging its iconic brand to expand market reach and strengthen engagement with consumers, dealers, and partners. The company invests in brand evolution, retail expansion, digital transformation, innovation, and consumer insights to deliver comfort to future generations while honoring its heritage. The company operates an innovation center in Dayton, Tennessee, that develops new products to meet customers’ needs by replacing existing structure of model shop, technology center, test lab, and three-dimensional printing lab. In FY2026, the company incurred expenses of US$10.8 million on its R&D activities, which grew 9.1%YoY and stood at 0.5% of the company’s total revenue.
Business Segments
Overview
Includes shared costs of corporate functions and revenue generated from royalty agreements with companies licensed to use the La-Z-Boy brand name on various products.
Performance
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Overview
Provides upholstered furniture, and some case goods and other accessories to end consumers through 230 company-owned La-Z-Boy Stores.
Performance
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Overview
Manufactures and imports upholstered furniture, such as recliners, sofas, and sleeper sofas, and case goods like bedroom and dining room sets. Markets its products through La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, major dealers, branded space locations, England Custom Comfort Center locations, and a wide cross-section of other independent retailers under the brand La-Z-Boy, England, American Drew, and Hammary.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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