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La-Z-Boy LZB Wholesale — Selling, General and Administrative Expense

Other segment segments

Retail
$107.56M+1.8%

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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:SellingGeneralAndAdministrativeExpense.

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
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
Interest expense(524)
Interest income11,880

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is La-Z-Boy's wholesale — selling, general and administrative expense?
La-Z-Boy (LZB) reported wholesale — selling, general and administrative expense of $71.56M in Q1 2026.
How has La-Z-Boy's wholesale — selling, general and administrative expense changed year-over-year?
La-Z-Boy's wholesale — selling, general and administrative expense decreased by 3.0% year-over-year, from $73.8M to $71.56M.
What is the long-term trend for La-Z-Boy's wholesale — selling, general and administrative expense?
Over 3 years (2023 to 2026), La-Z-Boy's wholesale — selling, general and administrative expense has grown at a -1.9% compound annual growth rate (CAGR), from $285.79M to $269.69M.
What does wholesale — selling, general and administrative expense mean?
Includes the overhead costs associated with managing the wholesale segment, such as sales commissions, marketing, and administrative salaries. This metric highlights the operational leverage and cost management discipline applied to the wholesale business model.

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