La-Z-Boy Inc
NYSE:LZB
Net Margin
La-Z-Boy Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
La-Z-Boy Inc
NYSE:LZB
|
1.6B USD |
6%
|
|
| US |
|
Tempur Sealy International Inc
NYSE:TPX
|
11.7B USD |
8%
|
|
| US |
|
Mohawk Industries Inc
NYSE:MHK
|
7.3B USD |
5%
|
|
| CN |
|
Oppein Home Group Inc
SSE:603833
|
38.3B CNY |
14%
|
|
| TW |
|
Nien Made Enterprise Co Ltd
TWSE:8464
|
123.5B TWD |
23%
|
|
| CN |
|
Jason Furniture Hangzhou Co Ltd
SSE:603816
|
22B CNY |
10%
|
|
| HK |
|
Man Wah Holdings Ltd
HKEX:1999
|
18.1B HKD |
13%
|
|
| CN |
|
Suofeiya Home Collection Co Ltd
SZSE:002572
|
15.9B CNY |
11%
|
|
| CN |
D
|
De Rucci Healthy Sleep Co Ltd
SZSE:001323
|
13.4B CNY |
15%
|
|
| CN |
H
|
HHC Changzhou Corp
SZSE:301061
|
12.7B CNY |
22%
|
|
| CH |
|
Forbo Holding AG
SIX:FORN
|
1.2B CHF |
8%
|
La-Z-Boy Inc
Glance View
In the world of furniture, La-Z-Boy Inc. stands as a quintessential American brand, renowned for its recliners that have become synonymous with comfort and leisure. Founded in 1927 in Monroe, Michigan, the company carved a niche for itself with the invention of the iconic reclining chair. This innovation, designed to provide unparalleled relaxation, fueled the company’s early growth. Over the years, La-Z-Boy expanded its product line beyond the recliner, delving into sofas, loveseats, sectionals, and home furnishings to create cohesive living spaces. The company combines style with functionality, ensuring it meets the evolving tastes of customers while maintaining the ergonomic design principles it was built upon. This blend of tradition and innovation keeps La-Z-Boy relevant in a competitive furniture market. La-Z-Boy makes money primarily through retail sales in its proprietary stores, as well as via authorized dealers and e-commerce platforms. The business model revolves around a robust manufacturing and distribution system, spread across several facilities in North America with a few international partners. In recent years, the company has focused on vertically integrating its supply chain, which helps streamline operations and manage costs effectively. The retail network acts as a direct conduit to customers, ensuring brand consistency and allowing for an immersive shopping experience, whether online or in showrooms. Additionally, La-Z-Boy leverages strategic marketing and partnerships to enhance visibility and appeal to both traditional shoppers and younger demographics seeking fashionable yet functional furniture solutions.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on La-Z-Boy Inc's most recent financial statements, the company has Net Margin of 5.9%.
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