What is La-Z-Boy's wholesale — right of use lease assets?

La-Z-Boy (LZB) reported wholesale — right of use lease assets of $113.93M in Q1 2026.

What does wholesale — right of use lease assets mean?

Represents the capitalized value of the right to use leased assets, such as warehouses or manufacturing facilities, within the wholesale segment. This metric reflects the segment's reliance on leased infrastructure and its associated long-term financial obligations.

La-Z-Boy LZB Wholesale — Right of use lease assets

Similar metrics at other companies

GLPWholesale — Operating Lease Lease Income

$894K-4.1%

PCORRight of use assets obtained in exchange for financing lease liabilities

-$2.58M—

SLVMLease, Right-Of-Use Asset

$73M-7.6%

SGRYLease, Right-Of-Use Asset

$1.01B+1.2%

ORARight of use assets obtained in exchange for new lease liabilities

$1.96M+33.1%

SAMRight Of Use Asset Obtained In Exchange For Finance Lease Liability

$271K—

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$1.67B-10.7%

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 lzb:LeaseRightOfUseAsset.

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

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What is La-Z-Boy's wholesale — right of use lease assets?: La-Z-Boy (LZB) reported wholesale — right of use lease assets of $113.93M in Q1 2026.
What does wholesale — right of use lease assets mean?: Represents the capitalized value of the right to use leased assets, such as warehouses or manufacturing facilities, within the wholesale segment. This metric reflects the segment's reliance on leased infrastructure and its associated long-term financial obligations.