How has La-Z-Boy's standard and extended product warranty accrual changed year-over-year?

La-Z-Boy's standard and extended product warranty accrual decreased by 17.5% year-over-year, from $29.94M to $24.71M.

What is the long-term trend for La-Z-Boy's standard and extended product warranty accrual?

Over 5 years (2021 to 2026), La-Z-Boy's standard and extended product warranty accrual has grown at a 0.9% compound annual growth rate (CAGR), from $23.64M to $24.71M.

La-Z-Boy LZB Standard and Extended Product Warranty Accrual

Standard and Extended Product Warranty Accrual at other companies

MillerKnollMLKN

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LCI IndustriesLCII

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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$1.67B-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:ProductWarrantyAccrual.

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 standard and extended product warranty accrual?: La-Z-Boy (LZB) reported standard and extended product warranty accrual of $24.71M in Q1 2026.
How has La-Z-Boy's standard and extended product warranty accrual changed year-over-year?: La-Z-Boy's standard and extended product warranty accrual decreased by 17.5% year-over-year, from $29.94M to $24.71M.
What is the long-term trend for La-Z-Boy's standard and extended product warranty accrual?: Over 5 years (2021 to 2026), La-Z-Boy's standard and extended product warranty accrual has grown at a 0.9% compound annual growth rate (CAGR), from $23.64M to $24.71M.