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La-Z-Boy LZB Wholesale — Number of operating segments

Other segment segments

Retail
10.0%

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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:NumberOfOperatingSegments.

The source filing: La-Z-Boy’s 10-Q, filed August 19, 2025.

Filed
Aug 19, 2025
Fiscal quarter
Q1 FY2026
Calendar quarter
Q3 2025
Accession
0000057131-25-000081

Wholesale Segment. Our Wholesale segment consists primarily of four operating segments: La-Z-Boy, our largest operating segment, our England subsidiary, our casegoods operating segment that sells furniture under three brands (American Drew®, Hammary®, and Kincaid®), and our international operating segment, which includes our international La-Z-Boy wholesale and manufacturing businesses. We aggregate these operating segments into one reportable segment because they are economically similar and meet the other aggregation criteria for determining reportable segments. Our Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas and imports casegoods (wood) furniture such as bedroom sets, dining room sets, entertainment centers and occasional pieces. The Wholesale segment sells directly to La-Z-Boy Furniture Galleries® stores, operators of La-Z-Boy Comfort Studio® and branded space locations, England Custom Comfort Center locations, major dealers, and a wide cross-section of other independent retailers.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is La-Z-Boy's wholesale — number of operating segments?
La-Z-Boy (LZB) reported wholesale — number of operating segments of 4 in Q2 2025.
How has La-Z-Boy's wholesale — number of operating segments changed year-over-year?
La-Z-Boy's wholesale — number of operating segments decreased by 0.0% year-over-year, from 4 to 4.
What does wholesale — number of operating segments mean?
Represents the count of distinct business units within the wholesale segment that are regularly reviewed by the chief operating decision maker to allocate resources and assess performance. This provides insight into the organizational complexity and operational structure of the wholesale division.

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