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La-Z-Boy LZB Decrease in Unrecognized Tax Benefits is Reasonably Possible

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 us-gaap:DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible.

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 decrease in unrecognized tax benefits is reasonably possible?
La-Z-Boy (LZB) reported decrease in unrecognized tax benefits is reasonably possible of $1.2M in Q1 2026.
How has La-Z-Boy's decrease in unrecognized tax benefits is reasonably possible changed year-over-year?
La-Z-Boy's decrease in unrecognized tax benefits is reasonably possible increased by 9.1% year-over-year, from $1.1M to $1.2M.
What is the long-term trend for La-Z-Boy's decrease in unrecognized tax benefits is reasonably possible?
Over 5 years (2021 to 2026), La-Z-Boy's decrease in unrecognized tax benefits is reasonably possible has grown at a 1.8% compound annual growth rate (CAGR), from $1.1M to $1.2M.