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La-Z-Boy LZB Wholesale — Goodwill impairment
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Where this comes from
Reported directly by La-Z-Boy in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
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) | Wholesale Segment | Retail Segment | Corporateand Other | Total Goodwill |
|---|---|---|---|---|
| Balance at April 27, 2024 (1) | $20,085 | $138,922 | $55,446 | $214,453 |
| Acquisitions | — | 11,269 | — | 11,269 |
| Impairment charge | (20,581) | — | — | (20,581) |
| Translation adjustment | 496 | (47) | — | 449 |
| Balance at April 26, 2025 (1) | — | 150,144 | 55,446 | 205,590 |
| Acquisitions | — | 57,631 | — | 57,631 |
| Impairment charge | — | — | (19,967) | (19,967) |
| Translation adjustment | — | 46 | — | 46 |
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
FAQ
- What is La-Z-Boy's wholesale — goodwill impairment?
- La-Z-Boy (LZB) reported wholesale — goodwill impairment of $0 in Q1 2026.
- How has La-Z-Boy's wholesale — goodwill impairment changed year-over-year?
- La-Z-Boy's wholesale — goodwill impairment decreased by 100.0% year-over-year, from $5.15M to $0.
- What does wholesale — goodwill impairment mean?
- Represents the non-cash charge recognized when the carrying value of goodwill associated with the wholesale business segment exceeds its implied fair value. This metric signals potential overpayment for past acquisitions or a decline in the long-term earnings potential of the wholesale division.
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