Form 10 Explorer
10-Q
Quarterly Report
LA-Z-BOY INCORPORATED

LZB

NYSE

CIK: 57131

File #: 1-9656

Period End: Oct 25, 2025

Fiscal Year: 2026

View on EDGAR
Balance Sheet
49 line items · 2 periods
XBRL
ItemOct 25, 2025Apr 26, 2025
Current assets
Cash and equivalents
338,506,000328,449,000
Receivables, net of allowance of $5,124 at 10/25/2025 and $5,042 at 4/26/2025
138,308,000139,533,000
Inventories, net
225,566,000255,285,000
Assets held for sale
29,436,0000
Discontinued Operations, Held-for-Sale
29,436,000
Other current assets
91,443,00082,421,000
Total current assets
823,259,000805,688,000
Property, plant and equipment, net
348,777,000339,212,000
Goodwill
205,556,000205,590,000
Wholesale
00
Retail Segment
150,110,000150,144,000
Corporate and Other
55,446,00055,446,000
Other intangible assets, net
49,581,00051,161,000
Trade Name
01,155,000
Trade Name
599,000998,000
Indefinite- Lived Reacquired Rights
48,982,00049,008,000
Deferred income taxes – long-term
6,805,0007,349,000
Right of use lease assets
461,172,000452,848,000
Other long-term assets, net
63,608,00060,314,000
Total assets
1,958,758,0001,922,162,000
Operating Segments - Wholesale
667,415,000662,987,000
Operating Segments - Retail Segment
740,695,000727,178,000
Unallocated assets
550,648,000531,997,000
Current liabilities
Accounts payable
103,992,00095,984,000
Lease liabilities, short-term
82,661,00080,592,000
Accrued expenses and other current liabilities
237,068,000244,215,000
Total current liabilities
423,721,000420,791,000
Lease liabilities, long-term
420,257,000410,265,000
Other long-term liabilities
63,323,00059,130,000
Shareholders' equity
Preferred shares – 5,000 authorized; none issued
00
Common shares, $1.00 par value – 150,000 authorized; 41,249 outstanding at 10/25/2025 and 41,164 outstanding at 4/26/2025
41,249,00041,164,000
Capital in excess of par value
393,315,000385,601,000
Retained earnings
608,344,000597,432,000
Accumulated other comprehensive loss
(3,318,000)(3,574,000)
Total La-Z-Boy Incorporated shareholders' equity
1,039,590,0001,020,623,000
Noncontrolling interests
11,867,00011,353,000
Total equity
1,051,457,0001,031,976,000
Common Shares
41,249,00041,164,000
Capital in Excess of Par Value
393,315,000385,601,000
Retained Earnings
608,344,000597,432,000
Accumulated Other Comprehensive Income (Loss)
(3,318,000)(3,574,000)
Non-Controlling Interests
11,867,00011,353,000
Translation adjustment
(1,425,000)(1,507,000)
Unrealized gain (loss) on marketable securities
474,000337,000
Net pension amortization and net actuarial gain (loss)
(2,367,000)(2,404,000)
Total liabilities and equity
1,958,758,0001,922,162,000