Company Information

  

Address: ONE LA-Z-BOY DRIVE  
City: MONROE 
State: MI 
Zip Code: 48162 
Telephone: 734-242-1444 

Description of Business

Primary SIC Code: 2510
(As filed with the SEC)  

Edward M. Knabusch and Edwin J. Shoemaker started Floral City Furniture in 1927, and in 1928 the newly formed company introduced its first recliner. In 1941, we were incorporated in the state of Michigan as La-Z-Boy Chair Company, and in 1996 we changed our name to La-Z-Boy Incorporated. Today, our La-Z-Boy brand is the most recognized brand in the furniture industry. We manufacture, market, import, export, distribute and retail upholstery furniture products. In addition, we import, distribute and retail accessories and casegoods (wood) furniture products. We are the leading global 3 -------------------------------------------------------------------------------- Table of Contents producer of reclining chairs and the second largest manufacturer/distributor of residential furniture in the United States.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
04/20181.670.12017.25
10/20171.760.12015.31
07/20171.710.11019.77
04/20171.730.11016.13
10/20161.910.10012.25
04/20161.550.10016.69
10/20151.410.10020.25
07/20151.350.08018.81

Key Financial Ratios and Statistics

FYE: 04/28

Profitability 2018 Leverage 2018
Net Inc/Comm Equity0.23Total Liab/Total Assets0.31
Net Inc/Total Assets0.09Total Liab/Inv Cap0.39
Net Inc/Inv Cap0.11Total Liab/Comm Equity0.81
Pretax Inc/Net Sales0.08Interest Coverage Ratio240.57
Net Inc/Net Sales0.05Curr Debt/Equity0.00
Cash Flow/Net Sales0.07LTD/Equity0.00
SG&A/NetSales0.31Total Debt/Equity0.00
Asset Utilization   Liquidity  
Net Receivables Turnover10.39Quick Ratio1.84
Inventory Turnover5.34Current Ratio2.86
Inventory Day Sales0.01Net Rec/Curr Assets0.30
Net Sales/Work Cap4.70Inv/Curr Assets0.36
Net Sales/PP&E8.76  

Income Statement (Millions)

  4/28/2018 1/27/2018 10/28/2017 7/29/2017
Total Revenues(Net Sales) 420.03 413.64 393.21 357.08
Cost of Goods Sold 253.83 251.14 238.25 217.98
Selling & Admin Exps 120.49 129.40 120.68 122.81
Operating Income 45.71 33.10 34.27 16.30
Interest Exp 0.11 0.11 0.16 0.16
Pretax Income 44.77 32.33 33.56 18.23
Other Income -0.83 -0.65 -0.55 2.09
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 34.21 12.11 22.90 11.65

Balance Sheet (Millions)

Assets 4/28/2018 1/27/2018 10/28/2017 7/29/2017
Cash & Short Term Investments 136.87 137.62 124.70 125.59
Receivables - Total 154.06 146.50 145.17 134.90
Inventories - Total 184.84 186.32 180.05 178.51
Total Current Assets 518.22 513.68 496.12 488.89
Net Property, Plant & Equipment 180.88 174.88 171.51 171.08
Total Assets 892.97 893.50 881.54 868.52
Liabilities        
Accounts Payable 181.12 197.84 186.68 174.30
Debt in Current Liabilities 0.22 0.23 0.24 0.21
Total Current Liabilities 181.35 198.07 186.92 174.51
Long-Term Debt 0.20 0.25 0.31 0.24
Total Liabilities 280.79 303.62 289.28 277.21
Stockholder's Equity        
Minority Interest 13.04 12.96 12.09 11.68
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 46.79 47.07 47.54 48.27
Retained Earnings 291.64 271.91 279.34 280.25
Treasury Stock NA NA NA NA
Total Stockholders' Equity 612.18 589.88 592.26 591.31
Total Liabilities and Stockholders' Equity 892.97 893.50 881.54 868.52

Cash Flow Summary (Millions)

Categories 4/28/2018 1/27/2018 10/28/2017 7/29/2017
Net Cash Provided by Operating Activities 24.55 39.98 31.72 19.51
Net Cash Provided by Investing Activities -10.00 -8.09 -8.03 -29.11
Net Cash Provided by Financing Activities -14.83 -20.31 -24.60 -16.52

Annual Summary Data (Millions)

Year Sales Net Income EPS
04/20141,357.3255.061.09
04/20151,425.4070.771.28
04/20161,525.4079.251.55
04/20171,520.0685.921.73
04/20181,583.9580.871.67
Growth Rates3.9410.0911.26

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1823542,99992.20




Report Date : 7/9/2018

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