Posts

La-Z-Boy highlights newly released FY2024 Impact Report

Saturday, 14 January 2025

MONROE, Mich. — La-Z-Boy Inc., a manufacturer and retailer of residential furniture, released its fiscal year 2024 Impact Report: Preserving Our Heritage, Transforming for Tomorrow.

According to La-Z-Boy, No. 14 in the FDMC 300, the report details how sustainability is infused into its corporate strategy and operations as a core business principle, bolstered by its human-centered approach and intentional supply chain management practices to leave a positive impact on people, communities, and the planet.

La-Z-Boy adds new title to Whittington’s role

Tuesday, 17 December 2024

MONROE, Mich. — La-Z-Boy Inc.’s board of directors has approved, effective Dec. 11, two changes in its leadership structure:

  • Melinda Whittington, currently president, CEO and a member of the board, has been elected to serve additionally as chair of the board.
  • Michael Lawton, who has served as chair of the board since May 2022, will return to his previous position of independent lead director.

Retail segment drives La-Z-Boy sales gains in Q2

Tuesday, 19 November 2024

La-Z-Boy reported its second consecutive quarter of consecutive sales  growth during its second quarter, with its retail segment leading the way.

La-Z-Boy names new CFO to succeed Lucian

Friday, 11 October 2024

La-Z-Boy Inc. has named a successor for Bob Lucian, senior vice president and chief financial officer, who will retire at the end of the fiscal year, effective April 26, 2025. Taylor Luebke will succeed Lucian beginning Jan. 1.

 

La-Z-Boy appoints Stitch Fix CEO to board of directors

Tuesday, 17 September 2024

MONROE, Mich. — La-Z-Boy is appointing Matt Baer to its board of directors, effective Jan. 1, 2025. The move expands the board to 11 members.

La-Z-Boy streamlines supply chain with Mexico consolidation

Thursday, 12 September 2024

The focus on plant efficiencies in Mexico is part of La-Z-Boy’s larger strategy to build a more dynamic supply chain, according to Whittington. She added that the furniture maker considers its North American manufacturing footprint as a “key differentiator” for production.

La-Z-Boy director Janet Kerr sells shares worth over $159k

Saturday, 06 September 2024

La-Z-Boy Inc. (NYSE:LZB) director Janet Kerr recently sold a total of 3,890 common shares of the company, resulting in a transaction value exceeding $159,000. The sale took place on September 5, as per the latest filing with the Securities and Exchange Commission.

La-Z-Boy Foundation $150k donation helps Neosho Freeman Family YMCA with project goal

Sunday, 28 August 2024

NEOSHO, Mo. — A big-time fundraising goal has been reached in Neosho — and Tuesday it got some big-time help getting there.

Representatives from the La-Z-Boy Foundation presented a check for $150,000 to the Neosho Freeman Family YMCA. This contribution enabled the organization to meet its $255,000 overall goal for the Create a Moment Project.

 

Sales rise at La-Z-Boy in Q1, with gains in wholesale but declines in retail

Wednesday, 21 August 2024

MONROE, Mich. — La-Z-Boy reported $496 million in first quarter sales, a 3% increase over last year but a $58 million drop from last quarter. Net income was $26.2 million, compared with $27.5 million last year.

The company was proud of its performance, particularly in wholesale.

La-Z-Boy UK pledges to plant trees in return for reviews

Monday, 8 July 2024

Recliner brand La-Z-Boy UK is asking customers to review its products online, and in return the company has pledged to plant trees.

La-Z-Boy UK has signed up to Feefo, the world’s largest verified reviews provider, which will allow potential customers to read online reviews of its products – and the platform’s new sustainability feature, Treefo, means that every time someone leaves feedback, a tree is planted.