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La z boy Incorporated  (LZB)
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What are La Z Boy Incorporated's Business Segments?



Our reportable operating segments are the Upholstery segment, the Casegoods segment and the Retail segment.

Upholstery Segment. Our Upholstery segment is our largest business and consists primarily of two operating units: La-Z-Boy, our largest operating unit, and our England subsidiary. Our Upholstery segment manufactures and imports upholstered furniture such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas. The Upholstery segment sells directly to La-Z-Boy Furniture Galleries® stores, operators of Comfort Studio® locations and England Custom Comfort Center locations, major dealers and a wide cross-section of other independent retailers.

Casegoods Segment. Our Casegoods segment is an importer, marketer and distributor of casegoods (wood) furniture such as bedroom sets, dining room sets, entertainment centers and occasional pieces, and also manufactures some coordinated upholstered furniture. The Casegoods segment consists of three brands: American Drew, Hammary, and Kincaid. The Casegoods segment sells directly to major dealers, as well as La-Z-Boy Furniture Galleries® stores, and a wide cross-section of other independent retailers.

Retail Segment. Our Retail segment consists of 124 company-owned La-Z-Boy Furniture Galleries® stores. The Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories, to the end consumer through our retail network.

   

La Z Boy Incorporated Tax Rate Companies within the Furniture & Fixtures Industry


Business Segments Q3
Revenues
(in millions $)
Q3
Income
(in millions $)
(Jan 27 2024)
%
(Profit Margin)
Total 500.25 28.68 5.73 %

Growth rates by Segment Q3
Y/Y Revenue
%
(Jan 27 2024)
Q/Q Revenue
%
Q3
Y/Y Income
%
(Jan 27 2024)
Q/Q Income
%
Total -12.65 % -2.03 % -9.16 % 3.57 %

To get more information on La Z Boy Incorporated's Total segment. Select each division with the arrow.


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