La-Z-Boy Incorporated (LZB)

NYSE: LZB · Household Furniture · Monroe, MI · filing with the SEC since 1994

Grade6.7

◀ Past 7.4● Present 6.9▶ Future 5.9

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in April.

Income statement, by fiscal year, newest first
Fiscal year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Apr 25, 2026	Apr 26, 2025	Apr 27, 2024	Apr 29, 2023	Apr 30, 2022	Apr 24, 2021	Apr 25, 2020	Apr 27, 2019	Apr 28, 2018	Apr 29, 2017
Report filed	Jun 16, 2026	Jun 17, 2025	Jun 17, 2024	Jun 20, 2023	Jun 21, 2022	Jun 15, 2021	Jun 23, 2020	Jun 18, 2019	Jun 19, 2018	Jun 20, 2017
Revenue	2,126,635	2,109,207	2,047,027	2,349,433	2,356,811	1,734,244	1,703,982	1,745,401	1,583,947	1,520,060
Cost of revenue	1,190,034	1,182,789	1,165,357	1,384,700^r	1,477,017^r	993,984	982,537	1,042,831	961,200	910,757^r
Gross profit	936,601	926,418	881,670	964,733^r	879,794^r	740,260	721,445	702,570	622,747	609,303^r
Research and development	10,800	9,900	9,600	9,100	9,000	7,600	10,800	9,100	7,900	8,000
Selling, general and administrative	787,427	770,000	730,874	753,294^r	673,038^r	603,524	575,821	572,896	493,378	475,961
Operating income	129,207	135,837	150,796	211,439	206,756	136,736	118,762	129,674	129,369	133,342^r
Interest expense	524	545	455	536	·	·	·	·	·	·
Interest and investment income	11,880	14,877	15,482	6,670	1,338	1,101	2,785	2,103	1,709	981
Other income (expense), net	-1,758	-3,035	-71	-11,784	-1,708	9,466	-5,083^r	-2,237	-1,650	-2,510^r
Income before income taxes	138,805	147,134	165,752	205,789	205,491	145,913	115,173	95,327	128,890	130,740
Income tax expense	35,894	46,182	41,116	53,848	53,163	38,384	36,189	25,186	47,295	43,756
Income from continuing operations	·	·	·	·	·	·	·	·	·	85,922
Net income including non-controlling interests	102,911	100,952	124,636	151,941	152,328	107,529	78,984	70,141	81,595	86,984
Net income to non-controlling interests	926	1,396	2,010	1,277	2,311	1,068	1,515	1,567	729	1,062
Net income	101,985	99,556	122,626	150,664	150,017	106,461	77,469	68,574	80,866	85,922
Net income to common shareholders	·	·	122,626	150,664	150,010	106,415	77,352	68,349	80,459	85,500
Earnings per share, basic	2.49	2.39	2.86	3.49	3.41	2.31	1.67	1.46	1.69	1.75
Earnings per share, diluted	2.47	2.35	2.83	3.48	3.39	2.30	1.66	1.44	1.67	1.73
Weighted average shares, basic	40,982	41,601	42,878	43,148	44,023	45,983	46,399	46,828	47,621	48,963
Weighted average shares, diluted	41,341	42,345	43,280	43,240	44,294	46,367	46,736	47,333	48,135	49,470

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton LZB · research, not advice