La-Z-Boy Incorporated

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States and globally. Its Wholesale segment produces and imports upholstered furniture such as recliners, motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas, as well as casegoods (wood) furniture including bedroom sets, dining room sets, entertainment centers, and occasional pieces. The Retail segment sells upholstered furniture, casegoods, and home furnishing accessories directly to end consumers through its retail stores. Additionally, La-Z-Boy operates Joybird, an omni-channel, direct-to-consumer retailer and manufacturer of upholstered furniture, selling primarily online via www.joybird.com and through small-format stores in key markets.

La-Z-Boy Incorporated is listed on the New York Stock Exchange (NYSE) under the ticker symbol LZB. The company trades in United States Dollars (USD). As a US-based company, its financial reporting and stock trading are conducted in USD, making it accessible to investors through major US brokerage platforms.

La-Z-Boy operates in the Consumer Cyclical sector, specifically within the Furnishings, Fixtures & Appliances industry. This means the company's performance is closely tied to the economic cycle, as consumer spending on furniture and home furnishings tends to increase during periods of economic growth and decline during downturns. As a furnishings company, La-Z-Boy focuses on producing and retailing home furniture products, competing with other players in the home goods market.

La-Z-Boy Incorporated is headquartered in Monroe, Michigan, United States. The company was founded in 1927 and originally known as La-Z-Boy Chair Company before rebranding in 1996. It serves customers in the United States and globally, with operations structured into Wholesale and Retail segments. The Wholesale segment sells products directly to La-Z-Boy Stores, operators of La-Z-Boy Comfort Studio and branded space locations, England Custom Comfort Center locations, dealers, and independent retailers. The Retail segment sells to end consumers through its own retail stores, and the Joybird brand reaches customers primarily online and through small-format stores in key markets.

La-Z-Boy generates revenue through two primary segments: Wholesale and Retail. The Wholesale segment manufactures and imports upholstered furniture and casegoods, selling them to independent retailers, dealers, and company-owned stores. The Retail segment sells these products directly to end consumers through its network of retail stores. Additionally, La-Z-Boy licenses its brand name on various products and operates Joybird, an omni-channel direct-to-consumer brand that sells upholstered furniture primarily online via its website and through small-format stores. This diversified model allows La-Z-Boy to capture value both from manufacturing and retailing, as well as from direct-to-consumer sales.