La-Z-Boy Incorporated LZB

Company Overview

La-Z-Boy Incorporated is a U.S.-based furniture manufacturer and retailer operating primarily in the residential furniture industry. The company designs, manufactures, markets, imports, distributes, and retails upholstered furniture products, with a strong emphasis on recliners, motion furniture, stationary seating, and casegoods. Its operations span both wholesale manufacturing and direct-to-consumer retail, making it vertically integrated across several stages of the furniture value chain. Revenue is primarily generated through sales of upholstered furniture under the La-Z-Boy brand and through company-owned and independently operated retail stores.

The company serves residential consumers across mid-market and upper-mid-market segments, primarily in North America, while also maintaining select international distribution relationships. La-Z-Boy’s strategic positioning is tied to strong brand recognition in reclining furniture, a large proprietary retail network, and integrated manufacturing capabilities that support customization and shorter delivery times. Founded in 1927 by Edward M. Knabusch and Edwin J. Shoemaker in Michigan, the company evolved from a recliner manufacturer into a diversified home furnishings enterprise through acquisitions, retail expansion, and development of vertically integrated operations.