La-Z-Boy Incorporated Common Stock (LZB)

FairStock Score: 43/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I have long admired simple businesses with strong brands, and La-Z-Boy is one: it makes and sells recliners and upholstered furniture, with wholesale and retail operations and 10,200 employees. But a brand alone does not make a wonderful business. In fiscal Q1 2027, the quarter ended 2026-07-25, revenue was $475.7M and net income was negative $2.3M, versus revenue of $492.2M and net income of $18.2M in fiscal Q1 2026, the quarter ended 2025-07-26. That is a real stumble. Full-year fiscal 2026, ended 2026-04-25, showed revenue of $2.1B and net income of $102.0M, with diluted EPS of $2.47, up slightly from fiscal 2025 net income of $99.6M and EPS of $2.35, but below fiscal 2024 net income of $122.6M and EPS of $2.83. FairStock's calculated Lynch category is SLOW GROWER — Shrinking, with profit -0.9% a year over five years and revenue 4.2%. Returns are modest: ROE 8.05%, ROCE 4.63%, D/E 0.53, Piotroski 4/9, Altman Z 1.56. Yet at the 2026-10-13 close of $29.94, FairStock calculates P/E 15.20, P/B 1.18, EV/EBITDA 5.96, FCF yield 8.5%, dividend yield 3.24%, Graham Number $33.49, and margin of safety 10.60%. There is asset and cash-flow support, but cyclicality, weak momentum, and a 43/100 FairStock score argue for caution. I would want evidence that the recent loss is temporary before calling it a classic value opportunity.

In plain English: La-Z-Boy makes recliners, sofas, and other home furniture and sells them through its own stores and dealers. The brand is well known and the company still produces cash, but recent sales have slipped and the latest quarter showed a small loss. At $29.94 on 2026-10-13, the price looks modestly cheap compared with its asset value and cash flow, though not a clear bargain given weak momentum.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2027 10-Q (period ended 2026-07-25) · fiscal Q3 2026 10-Q (period ended 2026-01-24) · fiscal Q2 2026 10-Q (period ended 2025-10-25) · fiscal Q1 2026 10-Q (period ended 2025-07-26) · FY2026 10-K (period ended 2026-04-25) · FY2025 10-K (period ended 2025-04-26) · FY2024 10-K (period ended 2024-04-27)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer