LZB Stock - La Z Boy Inc.

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LZB Profile

La-Z-Boy Incorporated is a renowned manufacturer, importer, and distributor of upholstery furniture products, accessories, and casegoods across the United States, Canada, and global markets. Operating through distinct segments Wholesale, Retail, and Corporate and Other the company offers a comprehensive range of furniture solutions to meet diverse consumer preferences and needs. The Wholesale segment focuses on manufacturing and importing upholstered furniture, including recliners, motion furniture, sofas, sectionals, and sleeper sofas. Additionally, it imports, distributes, and retails casegoods furniture such as bedroom sets, dining room sets, and entertainment centers, catering primarily to La-Z-Boy Furniture Galleries stores, independent retailers, and dealers.

La-Z-Boy's Retail segment engages directly with consumers through its network of 161 company-owned La-Z-Boy Furniture Galleries stores, offering a wide array of upholstered furniture, casegoods, and complementary accessories. This segment underscores the company's commitment to providing quality products and personalized customer service at its retail outlets. Moreover, La-Z-Boy Incorporated extends its reach through e-commerce platforms under its Corporate and Other segment, facilitating online sales to enhance accessibility and customer engagement.

The company, originally known as La-Z-Boy Chair Company before rebranding in 1996, boasts a rich legacy dating back to its founding in 1927 in Monroe, Michigan. La-Z-Boy has continually evolved its product offerings and market strategies to maintain its position as a leading player in the residential furniture industry, emphasizing innovation, craftsmanship, and customer satisfaction.

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