
La-Z-Boy Inc
NYSE:LZB

Income Statement
Earnings Waterfall
La-Z-Boy Inc
Revenue
|
2.1B
USD
|
Cost of Revenue
|
-1.2B
USD
|
Gross Profit
|
915.4m
USD
|
Operating Expenses
|
-759m
USD
|
Operating Income
|
156.4m
USD
|
Other Expenses
|
-32.5m
USD
|
Net Income
|
123.9m
USD
|
Income Statement
La-Z-Boy Inc
Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 390
N/A
|
1 425
+3%
|
1 440
+1%
|
1 457
+1%
|
1 483
+2%
|
1 525
+3%
|
1 525
0%
|
1 519
0%
|
1 525
+0%
|
1 520
0%
|
1 536
+1%
|
1 553
+1%
|
1 577
+2%
|
1 584
+0%
|
1 612
+2%
|
1 658
+3%
|
1 712
+3%
|
1 745
+2%
|
1 774
+2%
|
1 782
+0%
|
1 791
+0%
|
1 704
-5%
|
1 576
-8%
|
1 588
+1%
|
1 582
0%
|
1 734
+10%
|
1 974
+14%
|
2 090
+6%
|
2 192
+5%
|
2 357
+8%
|
2 436
+3%
|
2 472
+1%
|
2 473
+0%
|
2 349
-5%
|
2 227
-5%
|
2 127
-4%
|
2 055
-3%
|
2 047
0%
|
2 061
+1%
|
2 071
+0%
|
2 092
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(898)
|
(921)
|
(923)
|
(924)
|
(932)
|
(940)
|
(930)
|
(920)
|
(917)
|
(911)
|
(922)
|
(933)
|
(951)
|
(961)
|
(979)
|
(1 006)
|
(1 033)
|
(1 043)
|
(1 053)
|
(1 052)
|
(1 051)
|
(983)
|
(906)
|
(900)
|
(892)
|
(994)
|
(1 148)
|
(1 242)
|
(1 325)
|
(1 441)
|
(1 481)
|
(1 479)
|
(1 453)
|
(1 341)
|
(1 254)
|
(1 192)
|
(1 153)
|
(1 165)
|
(1 172)
|
(1 173)
|
(1 176)
|
|
Gross Profit |
492
N/A
|
504
+2%
|
517
+3%
|
533
+3%
|
552
+3%
|
585
+6%
|
595
+2%
|
599
+1%
|
607
+1%
|
609
+0%
|
614
+1%
|
620
+1%
|
626
+1%
|
623
0%
|
632
+2%
|
652
+3%
|
679
+4%
|
703
+3%
|
722
+3%
|
730
+1%
|
740
+1%
|
721
-2%
|
670
-7%
|
688
+3%
|
690
+0%
|
740
+7%
|
826
+12%
|
849
+3%
|
867
+2%
|
916
+6%
|
955
+4%
|
993
+4%
|
1 020
+3%
|
1 009
-1%
|
973
-4%
|
935
-4%
|
902
-4%
|
882
-2%
|
889
+1%
|
897
+1%
|
915
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(392)
|
(402)
|
(411)
|
(423)
|
(434)
|
(460)
|
(467)
|
(470)
|
(480)
|
(476)
|
(487)
|
(492)
|
(494)
|
(493)
|
(496)
|
(521)
|
(541)
|
(573)
|
(625)
|
(631)
|
(597)
|
(576)
|
(575)
|
(574)
|
(588)
|
(604)
|
(659)
|
(676)
|
(689)
|
(709)
|
(730)
|
(760)
|
(784)
|
(797)
|
(780)
|
(770)
|
(747)
|
(731)
|
(741)
|
(744)
|
(759)
|
|
Selling, General & Administrative |
(392)
|
(402)
|
(411)
|
(424)
|
(433)
|
(460)
|
(467)
|
(470)
|
(480)
|
(468)
|
(487)
|
(492)
|
(494)
|
(486)
|
(496)
|
(521)
|
(545)
|
(564)
|
(592)
|
(599)
|
(597)
|
(565)
|
(544)
|
(543)
|
(563)
|
(596)
|
(659)
|
(676)
|
(689)
|
(700)
|
(730)
|
(760)
|
(784)
|
(788)
|
(780)
|
(770)
|
(747)
|
(721)
|
(741)
|
(744)
|
(759)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
(33)
|
(33)
|
0
|
0
|
(31)
|
(31)
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
101
N/A
|
103
+2%
|
107
+4%
|
110
+3%
|
118
+7%
|
125
+6%
|
128
+2%
|
128
+0%
|
127
-1%
|
133
+5%
|
127
-5%
|
128
+0%
|
131
+3%
|
129
-1%
|
136
+5%
|
131
-4%
|
138
+6%
|
130
-6%
|
97
-25%
|
98
+1%
|
143
+45%
|
146
+2%
|
96
-34%
|
114
+19%
|
102
-10%
|
137
+34%
|
167
+22%
|
173
+4%
|
178
+3%
|
207
+16%
|
225
+9%
|
233
+3%
|
236
+1%
|
211
-10%
|
193
-9%
|
165
-15%
|
155
-6%
|
151
-3%
|
149
-1%
|
154
+3%
|
156
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
1
|
1
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
0
|
(0)
|
(1)
|
(0)
|
0
|
0
|
1
|
2
|
3
|
6
|
9
|
12
|
14
|
15
|
16
|
16
|
15
|
|
Non-Reccuring Items |
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
(33)
|
0
|
0
|
(39)
|
(31)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
2
|
2
|
4
|
5
|
4
|
(1)
|
(3)
|
(5)
|
(5)
|
(3)
|
(0)
|
0
|
(1)
|
(2)
|
(0)
|
(1)
|
(1)
|
(2)
|
(4)
|
(1)
|
0
|
(1)
|
1
|
(0)
|
6
|
10
|
8
|
9
|
1
|
(2)
|
(2)
|
(3)
|
(2)
|
(12)
|
(11)
|
(11)
|
(11)
|
(0)
|
(1)
|
(3)
|
(2)
|
|
Pre-Tax Income |
99
N/A
|
106
+7%
|
111
+5%
|
115
+3%
|
122
+6%
|
125
+3%
|
125
0%
|
124
-1%
|
123
-1%
|
131
+7%
|
127
-3%
|
128
+0%
|
127
-1%
|
129
+2%
|
135
+5%
|
128
-5%
|
136
+6%
|
95
-30%
|
94
-1%
|
99
+5%
|
106
+7%
|
115
+9%
|
98
-15%
|
114
+17%
|
108
-5%
|
146
+35%
|
174
+19%
|
181
+4%
|
179
-1%
|
206
+15%
|
224
+9%
|
233
+4%
|
238
+2%
|
206
-13%
|
191
-7%
|
165
-13%
|
158
-5%
|
166
+5%
|
164
-1%
|
167
+2%
|
169
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(35)
|
(37)
|
(39)
|
(41)
|
(44)
|
(44)
|
(44)
|
(44)
|
(41)
|
(44)
|
(42)
|
(41)
|
(42)
|
(42)
|
(41)
|
(37)
|
(37)
|
(25)
|
(25)
|
(27)
|
(28)
|
(36)
|
(32)
|
(36)
|
(36)
|
(38)
|
(46)
|
(48)
|
(47)
|
(53)
|
(59)
|
(60)
|
(63)
|
(54)
|
(50)
|
(44)
|
(39)
|
(41)
|
(40)
|
(41)
|
(43)
|
|
Income from Continuing Operations |
64
|
69
|
72
|
74
|
78
|
81
|
81
|
80
|
82
|
87
|
85
|
87
|
85
|
87
|
94
|
92
|
99
|
70
|
69
|
72
|
77
|
79
|
66
|
78
|
73
|
108
|
128
|
133
|
133
|
152
|
166
|
172
|
175
|
152
|
141
|
122
|
119
|
125
|
124
|
126
|
126
|
|
Income to Minority Interest |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Net Income (Common) |
63
N/A
|
70
+13%
|
71
+1%
|
72
+2%
|
76
+5%
|
79
+3%
|
79
N/A
|
79
0%
|
80
+2%
|
86
+7%
|
83
-2%
|
86
+3%
|
74
-13%
|
81
+8%
|
87
+8%
|
84
-3%
|
101
+20%
|
68
-32%
|
68
0%
|
71
+4%
|
77
+8%
|
77
+1%
|
64
-17%
|
77
+19%
|
71
-7%
|
106
+49%
|
126
+19%
|
131
+4%
|
130
-1%
|
150
+15%
|
164
+9%
|
171
+4%
|
174
+2%
|
151
-13%
|
140
-7%
|
121
-14%
|
118
-3%
|
123
+4%
|
121
-1%
|
124
+2%
|
124
0%
|
|
EPS (Diluted) |
1.18
N/A
|
1.34
+14%
|
1.39
+4%
|
1.4
+1%
|
1.51
+8%
|
1.55
+3%
|
1.59
+3%
|
1.58
-1%
|
1.62
+3%
|
1.73
+7%
|
1.7
-2%
|
1.77
+4%
|
1.55
-12%
|
1.67
+8%
|
1.84
+10%
|
1.77
-4%
|
2.13
+20%
|
1.44
-32%
|
1.44
N/A
|
1.5
+4%
|
1.63
+9%
|
1.66
+2%
|
1.37
-17%
|
1.64
+20%
|
1.52
-7%
|
2.3
+51%
|
2.77
+20%
|
2.94
+6%
|
2.95
+0%
|
3.39
+15%
|
3.8
+12%
|
3.94
+4%
|
4.03
+2%
|
3.48
-14%
|
3.23
-7%
|
2.79
-14%
|
2.71
-3%
|
2.83
+4%
|
2.84
+0%
|
2.94
+4%
|
2.94
N/A
|