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La-Z-Boy LZB Change in lease liabilities

Change in lease liabilities at other companies

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Progress SoftwarePRGS
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Recursion Pharmaceuticals, Inc.RXRX
-$4.65M+19.2%
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-$1.56M-56.3%
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-$594K-232%
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-$2.18M-692%
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-$29.07M+16.8%

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%
Enterprise value$1.93B-4.0%
P/E16.4×-2.4×
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 lzb:IncreaseDecreaseInLeaseLiabilities.

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

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Questions, answered.

What is La-Z-Boy's change in lease liabilities?
La-Z-Boy (LZB) reported change in lease liabilities of -$22.41M in Q1 2026.
How has La-Z-Boy's change in lease liabilities changed year-over-year?
La-Z-Boy's change in lease liabilities decreased by 40.0% year-over-year, from -$16M to -$22.41M.
What does change in lease liabilities mean?
This represents the net change in the company's lease obligations, primarily reflecting the cash portion of lease payments made during the period. It reconciles the difference between the recognized lease expense and the actual cash outflow for rental agreements. Tracking this is essential for assessing the company's ongoing cash commitment to its leased retail and manufacturing footprint.