Corporate Strategy and Sustainability - La-Z-Boy Incorporated has released its fiscal year 2024 Impact Report, emphasizing sustainability as a core business principle integrated into its corporate strategy and operations [1] - The company's Century Vision strategy aims to elevate brand reach, strengthen enterprise capabilities, and drive profitable, sustainable growth leading up to its 100th anniversary in 2027 [5] - La-Z-Boy Incorporated has received SBTi validation for its near-term targets, including a 64% reduction in Scope 1 emissions, a 62% reduction in Scope 2 emissions, and a 51% reduction in Scope 3 emissions by fiscal year 2032, advancing toward its 2050 net-zero goal [6] Environmental and Operational Achievements - The company achieved a 96% recycling rate for all non-hazardous waste and a 20% year-over-year reduction in hazardous waste generation [6] - Renewable energy sources covered 75% of U.S. and 64% of global electricity consumption [6] - La-Z-Boy Incorporated adopted the TranZform Initiative across all manufacturing facilities, focusing on sustainability and employee empowerment through six core initiatives [6] Community and Social Impact - The La-Z-Boy Foundation donated over $1.4 million, and as the official furniture partner for Ronald McDonald House Charities, the company gifted over 16,000 pieces globally [6] - The company preserved, restored, and rewilded a 120-acre plot surrounding its World Headquarters in Monroe, Michigan, and planted a community garden that harvested 283 pounds of produce [6] Business Operations and Market Presence - La-Z-Boy Incorporated operates 193 company-owned La-Z-Boy Furniture Galleries® stores and is part of a broader network of over 350 stores nationwide, including La-Z-Boy.com [7] - Joybird®, an e-commerce retailer and manufacturer of modern upholstered furniture, has 12 stores in the U.S. [7] - The Wholesale segment includes manufacturing for Furniture Galleries® and other retail channels, with brands like England Furniture Co., Kincaid®, American Drew®, and Hammary® offering custom and casegoods furniture [7]

Company Overview - La-Z-Boy Incorporated is a global leader in the retail and manufacture of residential furniture, operating as a vertically integrated furniture retailer and manufacturer [2] - The company was founded in 1927 with the invention of the iconic recliner and is committed to uncompromising quality and compassion for its consumers [2] - La-Z-Boy operates 193 company-owned La-Z-Boy Furniture Galleries stores and is part of a broader network of over 350 La-Z-Boy Furniture Galleries nationwide [3] - The company also owns Joybird, an e-commerce retailer and manufacturer of modern upholstered furniture with 12 stores in the US [3] - In the Wholesale segment, La-Z-Boy manufactures comfortable, custom furniture for its Furniture Galleries and various retail channels, including England Furniture Co, Kincaid, American Drew, and Hammary [3] Upcoming Event - La-Z-Boy's Board Chair, President, and CEO Melinda D Whittington and SVP and CFO Taylor Luebke will present at the 2025 ICR Conference on January 13, 2025, at 4:30 pm Eastern Time [1] - The presentation will be webcast live and archived at https://lazboy.gcs-web.com/ [1]

It's been a mixed bag for the furniture industry. While things have cooled down for most, La-Z-Boy (NYSE: LZB ) has been heating up. Their solid Q2 results show that their Century Vision strategy isI am an equities market enthusiast that has tried many different approaches over a decade, and found that value investing aligns best with my personality and has produced the best results for me. With rare exceptions, I don't believe investors can beat the market benchmark (S&P 500) over long timeframes, so a lar ...

MONROE, Mich., Dec. 16, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE:LZB) is pleased to announce that its Board of Directors has approved, effective December 11, 2024, the following changes as part of the Board's periodic evaluation of its leadership structure: Melinda Whittington, La-Z-Boy Incorporated President and Chief Executive Officer and a member of its Board, has been elected to serve additionally as Chair of the Board.Michael Lawton, who has served as Chair of the Board since May 2022, will ...

MONROE, Mich., Dec. 16, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE:LZB) is pleased to announce that its Board of Directors has approved, effective December 11, 2024, the following changes as part of the Board’s periodic evaluation of its leadership structure: Melinda Whittington, La-Z-Boy Incorporated President and Chief Executive Officer and a member of its Board, has been elected to serve additionally as Chair of the Board.Michael Lawton, who has served as Chair of the Board since May 2022, will ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. La-Z-Boy (LZB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.La-Z-Boy is one of 270 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #6 within t ...

La-Z-Boy Incorporated (LZB) posted decent second-quarter fiscal 2025 (ended Oct. 26, 2024) results, with earnings and sales beating the Zacks Consensus Estimate.The top line increased year over year, driven by higher delivered volume in the Retail segment, supported by growth from new and acquired stores. Written sales trends also remained solid, with the strongest performance during the Labor Day period. This was fueled by increased consumer traffic and strong in-store execution.Stay up-to-date with all qu ...

La-Z-Boy Incorporated (NYSE:LZB) Q2 2025 Earnings Conference Call November 20, 2024 8:30 AM ET Company Participants Mark Becks - Director of IR & Corporate Development Melinda Whittington - President & CEO Bob Lucian - SVP & CFO Taylor Luebke - VP, Finance & Treasurer Conference Call Participants Bobby Griffin - Raymond James Anthony Lebiedzinski - Sidoti & Company Brad Thomas - KeyBanc Operator Greetings. Welcome to the La-Z-Boy Fiscal 2025 Second Quarter Conference Call. At this time, all participants are ...

La-Z-Boy (LZB) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.23%. A quarter ago, it was expected that this furniture company would post earnings of $0.62 per share when it actually produced earnings of $0.62, delivering no surprise.Over the last four quarters, the company has surp ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 26, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ COMMISSION FILE NUMBER 1-9656 LA-Z-BOY INCORPORATED (Exact name of registrant as specified in its charter) Michigan 38-07 ...