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La-Z-Boy LZB Lease not yet commenced, undiscounted amount

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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$1.69B+9.6%
Enterprise value$1.95B-4.0%
P/E16.5×-0.3×
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:LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount.

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

(1) Excludes approximately $37.2 million in future lease payments for various operating leases commencing in a future period.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is La-Z-Boy's lease not yet commenced, undiscounted amount?
La-Z-Boy (LZB) reported lease not yet commenced, undiscounted amount of $37.2M in Q1 2026.
How has La-Z-Boy's lease not yet commenced, undiscounted amount changed year-over-year?
La-Z-Boy's lease not yet commenced, undiscounted amount decreased by 33.8% year-over-year, from $56.2M to $37.2M.
What is the long-term trend for La-Z-Boy's lease not yet commenced, undiscounted amount?
Over 5 years (2021 to 2026), La-Z-Boy's lease not yet commenced, undiscounted amount has grown at a 4.6% compound annual growth rate (CAGR), from $29.7M to $37.2M.
What does lease not yet commenced, undiscounted amount mean?
This represents the total undiscounted future lease payments for leases that have been signed but have not yet commenced. It serves as a forward-looking indicator of future capital commitments and expansion plans for retail or warehouse space.

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