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La z boy Incorporated  (LZB)
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La Z Boy Incorporated's Suppliers Performance

LZB's Supply Chain

 
LZB Costs vs Sales of Suppliers Growth Revenues of La Z Boy Incorporated's Suppliers, deteriorated by -11.42 % compared to the same quarter a year ago, sequentially sales grew by 198.35 %, La Z Boy Incorporated's cost of sales deteriorated by -12.04 % year on year, relative to one quarter ago cost of sales fell by -0.35 % in Q4.

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La Z Boy Incorporated's Suppliers realized a deteriorated in sales by -11.42 % compared to the same quarter a year ago, sequentially sales grew by 198.35 %, La Z Boy Incorporated's cost of sales deteriorated by -12.04 % year on year, compare to one quarter ago cost of sales fell by -0.35 % in Q4.

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  News about La z boy Incorporated Contracts



La Z Boy Incorporated's Comment on Supply Chain


The principal raw materials and parts that we use in our Upholstery segment are purchased cover (primarily fabrics and leather), polyester batting and non-chlorofluorocarbonated polyurethane foam for cushioning and padding, lumber and plywood for frames, steel for motion mechanisms, and electrical components for power styles. We purchase about 55% of our polyurethane foam from one supplier, which has several facilities across the United States that deliver to our plants. We purchase cover from a variety of sources, but we rely on a limited number of major suppliers. We purchase approximately 40% of our cover in a raw state (fabric rolls or leather hides) and cut and sew it into cover, and 60% in covers that have already been cut and sewn by third-party offshore suppliers to our specifications. We buy cut-and-sewn leather and fabric products from four primary suppliers. Of the products that we import, two Chinese suppliers manufacture almost 90% of the leather cut-and-sewn sets, and two other Chinese suppliers manufacture over 95% of the fabric products. We primarily use these suppliers for their product design capabilities, to leverage our buying power, and to control quality and product flow, in addition to their ability to handle the volume of product we require to operate our business. If any of these suppliers experienced financial or other difficulties, we could experience temporary disruptions in our manufacturing process until we obtained alternate suppliers.

Our Casegoods segment is primarily an importer, marketer, and distributor of wood furniture, with some manufacturing operations for coordinated upholstered furniture. Raw materials, primarily related to our coordinated upholstery furniture, represented only about 5% of the value of our inventory in this segment and less than 2% of our total raw material, and mainly consisted of the same materials used in our Upholstery segment.

 


La Z Boy Incorporated's Comment on Supply Chain


The principal raw materials and parts that we use in our Upholstery segment are purchased cover (primarily fabrics and leather), polyester batting and non-chlorofluorocarbonated polyurethane foam for cushioning and padding, lumber and plywood for frames, steel for motion mechanisms, and electrical components for power styles. We purchase about 55% of our polyurethane foam from one supplier, which has several facilities across the United States that deliver to our plants. We purchase cover from a variety of sources, but we rely on a limited number of major suppliers. We purchase approximately 40% of our cover in a raw state (fabric rolls or leather hides) and cut and sew it into cover, and 60% in covers that have already been cut and sewn by third-party offshore suppliers to our specifications. We buy cut-and-sewn leather and fabric products from four primary suppliers. Of the products that we import, two Chinese suppliers manufacture almost 90% of the leather cut-and-sewn sets, and two other Chinese suppliers manufacture over 95% of the fabric products. We primarily use these suppliers for their product design capabilities, to leverage our buying power, and to control quality and product flow, in addition to their ability to handle the volume of product we require to operate our business. If any of these suppliers experienced financial or other difficulties, we could experience temporary disruptions in our manufacturing process until we obtained alternate suppliers.

Our Casegoods segment is primarily an importer, marketer, and distributor of wood furniture, with some manufacturing operations for coordinated upholstered furniture. Raw materials, primarily related to our coordinated upholstery furniture, represented only about 5% of the value of our inventory in this segment and less than 2% of our total raw material, and mainly consisted of the same materials used in our Upholstery segment.

 



LZB's Suppliers Net profit fell by LZB's Suppliers Net margin fell in Q4 to
-93.94 % 0.76 %


La Z Boy Incorporated's Suppliers Sales Growth in Q4 2023 by Industry

Suppliers from Chemical Manufacturing Industry -8.13 %   
Suppliers from Aluminum Industry -3.17 %   
Suppliers from Forestry & Wood Products Industry -14.49 %   
Suppliers from Iron & Steel Industry -13.97 %   
Suppliers from Miscellaneous Fabricated Products Industry -6.33 %   
Suppliers from Paper & Paper Products Industry -8.23 %   
Suppliers from Auto & Truck Parts Industry -17.84 %   
Suppliers from Furniture & Fixtures Industry -5.95 %   
Suppliers from Electric & Wiring Equipment Industry      21.14 %
Suppliers from Renewable Energy Services & Equipment Industry -2.13 %   
Suppliers from Professional Services Industry      38.59 %
Suppliers from Cruise and Shipping Industry -1.58 %   
Suppliers from Marine Transportation Industry      12.22 %
     
• LZB Suppliers Valuation • LZB Suppliers Mgmt. Effect.





LZB's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
La z boy Incorporated 1,577.91 2,052.87 118.95 8,700
Arconic Corporation 3,050.71 8,141.00 -254.00 0
Boise Cascade Company 5,300.26 6,308.94 381.43 5,910
Beam Therapeutics Inc 2,798.26 81.55 -313.67 0
Bassett Furniture Industries Incorporated 128.69 389.49 -3.17 2,237
Century Aluminum Company 1,125.19 2,184.90 -52.30 1,778
Costamare Inc 1,373.51 793.64 435.12 6
Capital Product Partners L p 0.00 299.07 127.58 1
Emerson Electric Co 63,670.70 15,837.00 11,006.00 85,500
Ethan Allen Interiors Inc 835.54 704.51 80.11 5,200
Expeditors International Of Washington Inc 17,350.16 10,463.87 807.37 19,070
Flexsteel Industries Inc 182.75 391.67 15.24 1,460
Global Ship Lease Inc 742.23 447.95 171.50 8
Hooker Furnishings Corporation 253.45 477.68 7.43 645
Huntsman Corporation 4,481.21 6,111.00 153.00 15,000
International Paper Company 12,271.61 18,916.00 288.00 31,000
Kaiser Aluminum Corporation 1,264.86 3,141.30 13.20 2,760
Kimball International Inc 458.82 703.89 -19.46 3,081
Koppers Holdings Inc 1,146.41 2,218.70 82.70 742
Quaker Chemical Corporation 3,603.95 1,969.76 16.70 2,020
Leggett and Platt Inc 2,518.49 4,724.80 -136.80 22,000
Louisiana pacific Corporation 5,608.45 2,581.00 178.00 4,500
Masco Corporation 16,687.32 7,967.00 960.00 20,000
Matson inc 3,759.81 3,094.60 297.10 1,056
Arcelormittal 22,324.90 68,275.00 1,022.00 0
Nova Lifestyle Inc 10.59 14.18 -17.86 726
Novelis Inc 0.00 16,530.00 590.00 11,970
The Odp Corporation 1,960.39 8,132.00 193.00 56,000
Patrick Industries Inc 2,498.94 3,467.23 142.90 0
Performance Shipping Inc 12.12 75.17 13.03 0
Remitly Global Inc 3,649.41 944.29 -117.84 0
Sfl Corporation Ltd 1,621.54 752.29 83.94 7
Hg Holdings Inc 16.76 13.81 1.21 71
Tsakos Energy Navigation Limited 684.12 860.40 208.47 1
Tempur Sealy International Inc 9,306.91 4,924.70 370.70 7,200
Trecora Resources 231.52 301.32 8.99 310
Unique Fabricating Inc 1.97 134.91 -23.36 734
Ufp Industries inc 7,280.03 7,217.94 514.46 9,300
Uniroyal Global Engineered Products Inc 0.00 69.88 2.86 415
Virco Mfg Corporation 164.77 264.52 28.33 695
Westlake Corporation 19,003.35 12,548.00 522.00 8,870
Westlake Chemical Partners Lp 802.08 1,190.79 334.63 141
Williams sonoma Inc 18,477.43 5,401.17 950.32 28,100
Weyerhaeuser Company 24,988.99 7,723.00 631.00 9,214
United States Steel Corp 9,772.09 18,053.00 895.00 34,680
Solitario Resources Corp 30.83 0.19 -3.38 5
SUBTOTAL 271,451.12 254,843.13 20,591.45 392,413


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