What is La-Z-Boy's goodwill impairment?

La-Z-Boy (LZB) reported goodwill impairment of $4.99M in Q1 2026.

How has La-Z-Boy's goodwill impairment changed year-over-year?

La-Z-Boy's goodwill impairment decreased by 3.0% year-over-year, from $5.15M to $4.99M.

What does goodwill impairment mean?

Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

La-Z-Boy LZB Goodwill impairment

Goodwill impairment at other companies

SSR MiningSSRM

$0—

BlackBerryBB

$4M-93.5%

Teladoc HealthTDOC

$0-100%

Horizon BancorpHBNC

$0—

GigaCloud TechnologyGCT

$0—

Heritage FinancialHFWA

$0—

Segments

By segment

See full

Retail$0—

Wholesale$0—

Other financials

Income statement

See full

Revenue$570.3M-0.1%

Gross profit$262.8M+4.7%

Operating income$41.2M+39.6%

Net income$33.3M+123%

EPS (diluted)$0.82+134%

Balance sheet

See full

Cash & equivalents$303.2M-7.7%

Total debt$565.2M+14.9%

Total equity$1.0B+2.9%

Total assets$2.0B+6.3%

Cash flow

See full

Operating cash flow$28.4M-54.2%

CapEx$19.6M-14.0%

Free cash flow$8.8M-77.5%

Valuation

See full

Market cap$1.67B-10.7%

Enterprise value$1.93B-4.0%

P/E16.4×-2.4×

P/S0.8×-0.1×

Profitability

See full

Gross margin44%+0.1pp

Operating margin6.1%-0.4pp

Net margin4.8%+0.1pp

FCF margin6%+0.6pp

Returns & leverage

See full

Return on equity9.9%0.0pp

Debt / equity0.5×+0.1×

Current ratio1.8×-0.1×

Where this comes from

Reported directly by La-Z-Boy in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: La-Z-Boy’s 10-K, filed June 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is La-Z-Boy's goodwill impairment?: La-Z-Boy (LZB) reported goodwill impairment of $4.99M in Q1 2026.
How has La-Z-Boy's goodwill impairment changed year-over-year?: La-Z-Boy's goodwill impairment decreased by 3.0% year-over-year, from $5.15M to $4.99M.
What does goodwill impairment mean?: Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.