la-z-boy incorporated is one of the world's leading residential furniture producers, marketing furniture for every room of the home. our state-of-the-art world headquarters, located in monroe, mi, is just a short drive from the ann arbor, metro detroit and toledo areas. notably, our building was recently awarded the leed silver certification by the u.s. green building council. la-z-boy’s network of 300+ retail stores span across the u.s. and canada, and our vast distribution network allows our product to reach consumers and retailers across the globe. we are also proud that our u.s. based manufacturing plants and regional distribution centers achieved record performances for safety this past year, establishing new records for the u.s. furniture industry. further, we understand that being a great employer also means being a good corporate citizen. as such, la-z-boy and the la-z-boy foundation contributed almost $3 million in financial and product donations to non-profit organizations th
Company profile
Ticker
LZB
Exchange
Website
CEO
Kurt Darrow
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LA Z BOY CHAIR CO, LA-Z-BOY INCORP
SEC CIK
Corporate docs
Subsidiaries
ELK Air Partners III, LLC • England, Inc. • Gavco 188 Limited • La-Z-Boy Asia Co., Ltd. • La-Z-Boy Canada Limited • La-Z-Boy Canada • La-Z-Boy Casegoods, Inc. • La-Z-Boy Global Limited • La-Z-Boy Hong Kong, Limited • La-Z-Boy Logistics, Inc. ...
IRS number
380751137
LZB stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
20 Feb 24
8-K
La-Z-Boy Incorporated Reports Third Quarter Results
20 Feb 24
10-Q
2024 Q2
Quarterly report
29 Nov 23
8-K
La-Z-Boy Reports Fiscal 2024 Second Quarter Results
29 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
31 Aug 23
10-Q
2024 Q1
Quarterly report
22 Aug 23
8-K
La-Z-Boy Reports First Quarter Fiscal 2024 Results
22 Aug 23
ARS
2023 FY
Annual report to shareholders
19 Jul 23
DEFA14A
Additional proxy soliciting materials
19 Jul 23
DEF 14A
Definitive proxy
19 Jul 23
Transcripts
LZB
Earnings call transcript
2024 Q2
30 Nov 23
LZB
Earnings call transcript
2024 Q1
23 Aug 23
LZB
Earnings call transcript
2023 Q4
21 Jun 23
LZB
Earnings call transcript
2023 Q3
22 Feb 23
LZB
Earnings call transcript
2023 Q2
1 Dec 22
LZB
Earnings call transcript
2023 Q1
24 Aug 22
LZB
Earnings call transcript
2022 Q4
22 Jun 22
LZB
Earnings call transcript
2022 Q3
16 Feb 22
LZB
Earnings call transcript
2022 Q2
17 Nov 21
LZB
Earnings call transcript
2022 Q1
18 Aug 21
Latest ownership filings
4
Michael Adam Leggett
22 Mar 24
144
Notice of proposed sale of securities
21 Mar 24
4
Mark Stephen LaVigne
1 Mar 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
4
Robert Sundy II
30 Jan 24
SC 13G/A
BlackRock Inc.
22 Jan 24
4
Michael Adam Leggett
17 Jan 24
144
Notice of proposed sale of securities
15 Nov 23
4
JANET KERR
27 Sep 23
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Apr 23 | Apr 22 | Apr 21 | Apr 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 333.47 mm | 333.47 mm | 333.47 mm | 333.47 mm | 333.47 mm | 333.47 mm |
Cash burn (monthly) | 2.26 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 13.00 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 320.47 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 141.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
99.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 214 |
Opened positions | 30 |
Closed positions | 41 |
Increased positions | 62 |
Reduced positions | 80 |
13F shares | Current |
---|---|
Total value | 1.24 tn |
Total shares | 42.43 mm |
Total puts | 39.80 k |
Total calls | 138.60 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6.62 mm | $204.29 bn |
Vanguard | 5.11 mm | $157.72 bn |
Dimensional Fund Advisors | 3.15 mm | $97.24 bn |
SAMG Silvercrest Asset Management | 2.07 mm | $64.02 bn |
MCQEF Macquarie | 1.94 mm | $59.86 bn |
LSV Asset Management | 1.89 mm | $58.49 mm |
STT State Street | 1.66 mm | $51.40 bn |
William Blair Investment Management | 1.24 mm | $38.30 bn |
Brown Advisory | 1.02 mm | $31.44 bn |
Pacer Advisors | 913.88 k | $28.22 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Michael Adam Leggett | Common Shares | Sell | Dispose S | No | No | 37.0775 | 3,077 | 114.09 k | 21,519 |
21 Mar 24 | Michael Adam Leggett | Common Shares | Option exercise | Acquire M | No | No | 24.41 | 3,955 | 96.54 k | 24,596 |
21 Mar 24 | Michael Adam Leggett | Employee Stock Options Common Shares | Option exercise | Dispose M | No | No | 24.41 | 3,955 | 96.54 k | 11,868 |
29 Feb 24 | LaVigne Mark Stephen | Common Shares | Option exercise | Acquire M | No | No | 0 | 1,853 | 0.00 | 5,743 |
29 Feb 24 | LaVigne Mark Stephen | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 1,853 | 0.00 | 0 |
27 Jan 24 | Robert Sundy II | Common Shares | Payment of exercise | Dispose F | No | No | 35.97 | 1,011 | 36.37 k | 28,227 |
15 Jan 24 | Michael Adam Leggett | Common Shares | Payment of exercise | Dispose F | No | No | 36.16 | 432 | 15.62 k | 20,641 |
25 Sep 23 | Kerr Janet | Common Shares | Sell | Dispose S | No | Yes | 30.8618 | 4,582 | 141.41 k | 3,890 |
News
3 High Short Interest Stocks Ready to Squeeze
10 Apr 24
La-Z-Boy's Ex-Dividend Date Is Monday, Here's What You Need To Know
28 Feb 24
Wall Street Waits With Bated Breath For Nvidia Earnings After Tech Selloff, Fed Minutes Eyed: Analyst Flags This As Biggest Risk For Market
21 Feb 24
Nvidia, La-Z-Boy And 3 Stocks To Watch Heading Into Wednesday
21 Feb 24
La-Z-Boy CFO Bob Lucian Says We Expect Delivered Sales To Be In The Range Of $505M-$535M And Non-GAAP Operating Margin To Be In The Range Of 7-8%" (Q4 Revenue Estimate $544.39M)
20 Feb 24
Press releases
La-Z-Boy Incorporated to Present at Raymond James 45th Annual Institutional Investors Conference
27 Feb 24
La-Z-Boy Incorporated Releases FY 2023 Sustainability Report: Delivering Sustainable Comfort
9 Feb 24
La-Z-Boy Incorporated Announces Timing of Third Quarter Fiscal 2024 Earnings Release and Conference Call
6 Feb 24
La-Z-Boy Incorporated Announces Investment in Furniture Market Showrooms, Reinforcing Commitment to Industry Furniture Markets
5 Feb 24