LA-Z-BOY INC
Close on Oct 19, 2026
- Market cap
- $1.17B
- P/E (TTM)
- 14.8
- Dividend yield
- 2.61%
About La-Z-Boy
Household Furniture, SIC 2510
La-Z-Boy Incorporated produces, markets, imports, and sells residential furniture, specializing in upholstered reclining chairs, casegoods, and related home accessories. The company operates primarily through two segments: Wholesale and Retail. Its Wholesale unit manufactures and imports furniture for distribution to independent dealers, partner galleries, and dedicated retail outlets. Its Retail unit sells upholstered seating and casegoods directly to individual consumers through corporate-owned retail showrooms and e-commerce platforms. The company serves both individual consumers seeking home furnishings and commercial furniture retailers across multiple international markets.
The enterprise conducts business across North America and approximately forty-five other countries, including the United Kingdom, China, Australia, and New Zealand. Its retail footprint comprises 378 branded stores, over 500 dedicated studio locations, nearly 900 branded spaces, and 15 Joybird shops. Supply chain infrastructure includes four domestic manufacturing plants, nine distribution centers, three facilities in Mexico, and joint ventures in Thailand. The company was incorporated in Michigan, though the provided text does not state its headquarters.
Summary of the business section of La-Z-Boy's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LA-Z-BOY INC
- Founded
- 1927
- Headquarters
- Monroe, MI
- Address
- One La-Z-Boy Drive 48162
- Phone
- (734) 242-1444
- Website
- la-z-boy.com
- Employees
- 10,200, Apr 25, 2026
- Industry
- Household Furniture
- Incorporated in
- Michigan
- Fiscal year ends
- April 24
- Auditor
- PricewaterhouseCoopers LLP, Detroit, Michigan
Stock & identifiers
- Ticker
- LZB
- Exchange
- NYSE
- Shares outstanding
- 40M, Aug 11, 2026
- Public float
- $1.34B, Oct 24, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-1, Sep 15, 1998; 4-for-1, Sep 15, 1987
- SEC CIK
- 57131
- CUSIP
- 505336107
- ISIN
- US5053361078
- LEI
- 549300WNO1WMN9ZG2519
- EIN
- 38-0751137
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Melinda D. Whittington | President & CEO, Director | 393,984 |
| Robert Sundy II | President, Retail | 59,297 |
| Carol Young Lee | VP & Chief Information Officer | 36,645 |
| Jennifer Lynn McCurry | Chief Accounting Officer | 22,167 |
| Terrence James Linz | President, Wholesale Brands | 64,383 |
| Raphaell Z. Richmond | VP, GC & Chief Compliance Off | 51,695 |
| Taylor Edward Luebke | SVP and CFO | 37,123 |
| Michael Adam Leggett | Sr VP & Chief Supply Chain Off | 46,018 |
| Katherine E. Vanderjagt | VP & Chief HR Officer | 56,289 |
| Rebecca M. Reeder | Pres., Retail LZB Furn. Gall. | 35,428 |
| Janet Kerr | Director | 4,125 |
| Michael T. Lawton | Director | 19,622 |
| William C. Boor | Director | 6,573 |
| Mark Stephen LaVigne | Director | 16,893 |
| Matt Baer | Director | 9,808 |
| Rebecca L. O'Grady | Director | 19,622 |
| Raza Syed Haider | Director | 15,766 |
| Erika L. Alexander | Director | 19,622 |
| Lauren B. Peters | Director | 19,622 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Whittington | $7.30M | $4.81M | $1.58M | $92 | $94 |
| FY2025 Whittington | $6.66M | $9.99M | $1.45M | $98 | $77 |
| FY2024 Whittington | $5.87M | $7.16M | $1.51M | $82 | $73 |
| FY2023 Darrow | $6.71M | $14.51M | $1.55M | $70 | $69 |
| FY2023 Whittington | $5.98M | $6.67M | $1.55M | $70 | $69 |
| FY2022 Whittington | $5.80M | $3.02M | $1.66M | $62 | $70 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“We employed approximately 10,200 full-time equivalent employees at the end of fiscal 2026, compared with approximately 10,600 employees at the end of fiscal 2025.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 12, 2006 | Delisting | Notice of delisting from exchange (Form 25) |
| Dec 15, 1999 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jun 3, 1998 | Name change | Name changed from LA-Z-BOY INCORP to LA-Z-BOY INC |
| May 2, 1996 | Name change | Name changed from LA Z BOY CHAIR CO to LA-Z-BOY INCORP |
| Feb 7, 1995 | Merger | Registration of securities for a merger or exchange offer (S-4) |