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La-Z-Boy LZB Wholesale — Cost of Sales

Other segment segments

Retail
$116.98M+7.6%

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Other financials

Income statement

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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

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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

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Operating cash flow$28.4M-54.2%
CapEx$19.6M-14.0%
Free cash flow$8.8M-77.5%

Valuation

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Market cap$1.63B+11.5%
Enterprise value$1.89B-4.0%
P/E15.9×0.0×
P/S0.8×+0.1×

Profitability

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Gross margin44%+0.1pp
Operating margin6.1%-0.4pp
Net margin4.8%+0.1pp
FCF margin6%+0.6pp

Returns & leverage

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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:CostOfRevenue.

The source filing: La-Z-Boy’s 10-K, filed June 16, 2026.

Filed
Jun 16, 2026, 4:19 PM EDT
Fiscal year
FY2026
Accession
0000057131-26-000019
(Amounts in thousands)WholesaleRetailCorporate & OtherIntersegment EliminationsConsolidated
Sales to external customers$1,038,789$950,687$137,159$2,126,635
Intersegment sales443,4236,591(450,014)
Total sales1,482,212950,687143,750(450,014)2,126,635
Cost of sales1,102,333418,46265,421(396,182)1,190,034
Gross profit379,879532,22578,329(53,832)936,601
SG&A expenses269,690423,741147,828(53,832)787,427
Goodwill impairment19,96719,967
Operating income (loss)$110,189$108,484$(89,466)$129,207

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is La-Z-Boy's wholesale — cost of sales?
La-Z-Boy (LZB) reported wholesale — cost of sales of $284.82M in Q1 2026.
How has La-Z-Boy's wholesale — cost of sales changed year-over-year?
La-Z-Boy's wholesale — cost of sales decreased by 4.3% year-over-year, from $297.52M to $284.82M.
What is the long-term trend for La-Z-Boy's wholesale — cost of sales?
Over 3 years (2023 to 2026), La-Z-Boy's wholesale — cost of sales has grown at a -5.1% compound annual growth rate (CAGR), from $1.29B to $1.1B.
What does wholesale — cost of sales mean?
Captures the direct costs attributable to the production and procurement of furniture products sold by the wholesale segment, including raw materials and manufacturing labor. Monitoring this metric is essential for evaluating the segment's production efficiency and exposure to input cost inflation.

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