LA-Z-BOY INC

For the period ended Jan 25, 2025. Filed Feb 18, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jan 25, 2025 · Filed Feb 18, 2025

LZB$32.65+2.9%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statement of Income

	Quarter Ended		Nine Months Ended
(Unaudited, amounts in thousands, except per share data)	1/25/2025	1/27/2024	1/25/2025	1/27/2024
Sales	$521,777	$500,406	$1,538,336	$1,493,492
Cost of sales	290,412	287,152	862,980	851,905
Gross profit	231,365	213,254	675,356	641,587
Selling, general and administrative expense	196,197	180,693	569,046	540,888
Operating income	35,168	32,561	106,310	100,699
Interest expense	(102)	(106)	(411)	(329)
Interest income	3,465	4,124	11,619	11,222
Other income (expense), net	97	(639)	(2,400)	21
Income before income taxes	38,628	35,940	115,118	111,613
Income tax expense	9,683	7,256	29,516	27,309
Net income	28,945	28,684	85,602	84,304
Net (income) attributable to noncontrolling interests	(516)	(44)	(977)	(986)
Net income attributable to La-Z-Boy Incorporated	$28,429	$28,640	$84,625	$83,318
Basic weighted average common shares	41,437	42,767	41,733	43,005
Basic net income attributable to La-Z-Boy Incorporated per share	$0.69	$0.67	$2.03	$1.94
Diluted weighted average common shares	42,103	43,195	42,380	43,344
Diluted net income attributable to La-Z-Boy Incorporated per share	$0.68	$0.66	$2.00	$1.92

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.