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La-Z-Boy LZB Customer deposits

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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 lzb:ContractWithCustomerLiabilityForCustomerDepositsCurrent.

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
(Unaudited, amounts in thousands)4/25/20264/26/2025
Contract assets$34,907$32,580
Customer deposits$77,907$72,894
Deferred revenue34,90732,580
Total contract liabilities (1)$112,814$105,474

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is La-Z-Boy's customer deposits?
La-Z-Boy (LZB) reported customer deposits of $77.91M in Q1 2026.
How has La-Z-Boy's customer deposits changed year-over-year?
La-Z-Boy's customer deposits increased by 6.9% year-over-year, from $72.89M to $77.91M.
What is the long-term trend for La-Z-Boy's customer deposits?
Over 5 years (2021 to 2026), La-Z-Boy's customer deposits has grown at a -15.5% compound annual growth rate (CAGR), from $180.77M to $77.91M.
What does customer deposits mean?
Funds received from customers in advance of the delivery of furniture or completion of services. This balance reflects current demand and the volume of pending orders that have not yet been fulfilled. High levels of customer deposits often indicate strong sales momentum and a healthy order backlog.

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