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Last $25.40 USD
Change Today +0.02 / 0.08%
Volume 283.6K
LZB On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 4:15 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

la-z-boy inc (LZB) Snapshot

Open
$25.43
Previous Close
$25.38
Day High
$25.77
Day Low
$25.22
52 Week High
01/26/15 - $28.38
52 Week Low
10/10/14 - $19.03
Market Cap
1.3B
Average Volume 10 Days
261.5K
EPS TTM
$1.28
Shares Outstanding
50.8M
EX-Date
05/26/15
P/E TM
19.9x
Dividend
$0.32
Dividend Yield
1.18%
Current Stock Chart for LA-Z-BOY INC (LZB)

la-z-boy inc (LZB) Related Businessweek News

No Related Businessweek News Found

la-z-boy inc (LZB) Details

La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. The company also produces reclining chairs; and manufactures and distributes residential furniture in the United States. It operates in three segments: Upholstery, Casegoods, and Retail. The Upholstery segment manufactures or imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of Comfort Studios and England custom comfort center locations, dealers, and other independent retailers. The Casegoods segment manufactures, imports, markets, and distributes casegoods furniture, including bedroom sets, dining room sets, entertainment centers and occasional pieces, and upholstered furniture. This segment sells its products to dealers, La-Z-Boy Furniture Galleries stores, and other independent retailers under the American Drew, Hammary, and Kincaid brand names. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. La-Z-Boy Incorporated sells its products through a network of 325 La-Z-Boy Furniture Galleries stores and 576 Comfort Studio locations, as well as in-store gallery programs for its Kincaid and England operating units. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan.

8,270 Employees
Last Reported Date: 06/16/15
Founded in 1927

la-z-boy inc (LZB) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $905.0K
Chief Financial officer and Senior Vice Presi...
Total Annual Compensation: $434.2K
Senior Vice President and President of Brande...
Total Annual Compensation: $496.7K
Chief Marketing Officer, Senior Vice Presiden...
Total Annual Compensation: $380.0K
Senior Vice President and President of Casego...
Total Annual Compensation: $380.0K
Compensation as of Fiscal Year 2015.

la-z-boy inc (LZB) Key Developments

La-Z-Boy Incorporated Plans to Open 7 New Stores for Fiscal 2018

La-Z-Boy Incorporated announced that the company is planning to open 7 new stores in addition to some remodel activity for fiscal 2018.

La-Z-Boy Incorporated Mulls Acquisition

La-Z-Boy Incorporated (NYSE:LZB) is seeking acquisition. Kurt Darrow, Chairman, President and Chief Executive Officer of La-Z-Boy Incorporated, said, “As part of our 4-4-5 strategy we expect the Company ownership of the total store base to increase from today's level of approximately one-third to somewhere north of 40%. We will accomplish this through new locations, primarily in existing markets where we need to increase the number of stores, and through strategic acquisitions of our independent dealer stores. Early in the fourth quarter we acquired 4 stores in Southern California, bringing our total store count in that market to 19.”

John H. Foss and Janet L. Gurwitch Announces Not to Stand for Re-Election to the La-Z-Boy Incorporated Board of Directors

On June 15, 2015, La-Z-Boy Incorporated announced that John H. Foss and Janet L. Gurwitch advised Nominating and Governance Committee that they do not intend to stand for re-election to the company's board of directors at the company's annual shareholders meeting. Mr. Foss and Ms. Gurwitch both indicated that their decision resulted from demands of other on-going business and personal activities and is not due to any disagreement with the company on any matter relating to the company's operations, policies or practices. Mr. Foss, who serves on the audit committee, and Ms. Gurwitch, who serves on the compensation and nominating and governance committees, intend to finish their current terms.

 

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LZB:US $25.40 USD +0.02

LZB Competitors

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Company Last Change
Ethan Allen Interiors Inc $30.19 USD -0.19
Knoll Inc $24.20 USD +0.14
Patrick Industries Inc $36.04 USD +0.28
Pier 1 Imports Inc $11.81 USD +0.02
Select Comfort Corp $26.04 USD +0.33
View Industry Companies
 

Industry Analysis

LZB

Industry Average

Valuation LZB Industry Range
Price/Earnings 19.4x
Price/Sales 0.9x
Price/Book 2.4x
Price/Cash Flow 17.8x
TEV/Sales 0.8x
 | 

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