La-Z-Boy Inc
NYSE:LZB

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La-Z-Boy Inc Logo
La-Z-Boy Inc
NYSE:LZB
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Price: 39.95 USD 1.19%
Market Cap: 1.6B USD

Operating Margin
La-Z-Boy Inc

7.5%
Current
8%
Average
5.3%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
7.5%
=
Operating Profit
156.4m
/
Revenue
2.1B

Operating Margin Across Competitors

La-Z-Boy Inc
Glance View

Market Cap
1.7B USD
Industry
Consumer products

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.

LZB Intrinsic Value
40.01 USD
Fairly Valued
Intrinsic Value
Price
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
7.5%
=
Operating Profit
156.4m
/
Revenue
2.1B
What is the Operating Margin of La-Z-Boy Inc?

Based on La-Z-Boy Inc's most recent financial statements, the company has Operating Margin of 7.5%.

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