La-Z-Boy Incorporated Common Stock (LZB)
Frequently Asked Questions About La-Z-Boy Incorporated Common Stock (LZB)
Does La-Z-Boy offer delivery services?
Yes, La-Z-Boy offers delivery services to customers purchasing furniture through its retail stores and online. Delivery options may vary by location, including standard delivery or premium services that provide assembly and set-up at the customer's home. Customers can inquire about delivery fees and scheduling at the time of purchase to ensure a seamless experience.
How can I find La-Z-Boy stores near me?
To find a La-Z-Boy store near you, visit the official La-Z-Boy website, where you can use the store locator feature. By entering your zip code or city and state, you can view a list of nearby retail locations, complete with addresses, contact information, and hours of operation. The website also provides options for online shopping if a physical store is not convenient.
How does La-Z-Boy contribute to the community?
La-Z-Boy actively engages in community and philanthropic efforts, emphasizing corporate social responsibility. The company supports various initiatives focused on youth programs, education, and disaster relief. In addition, La-Z-Boy encourages employee involvement in local charities and community service projects, fostering a sense of giving back and enhancing its corporate culture.
How does La-Z-Boy handle customer service?
La-Z-Boy prides itself on providing excellent customer service through various channels, including in-store assistance, phone support, and online resources. The company aims to ensure customer satisfaction by offering personalized guidance during the purchasing process, addressing concerns promptly, and providing support for warranty and repair issues. Their commitment to customer care is a vital aspect of their brand identity.
How does La-Z-Boy innovate its products?
La-Z-Boy focuses on continuous innovation by incorporating advanced technology into its design and manufacturing processes. The company invests in research and development, leveraging consumer feedback and market trends to create new and improved products that enhance comfort, style, and functionality. Innovations may include ergonomic designs, customizable options, and new materials that cater to diverse consumer preferences.
How many employees does La-Z-Boy have?
La-Z-Boy employs approximately 7,000 individuals across various locations, including manufacturing facilities, retail stores, and corporate offices. The company is committed to creating a supportive work environment and invests in workforce development to enhance employee retention and satisfaction.
Is La-Z-Boy publicly traded?
Yes, La-Z-Boy Incorporated is publicly traded on the New York Stock Exchange under the ticker symbol LZB. The company went public in 1970, allowing it to raise capital for expansion and growth while providing investors an opportunity to participate in its ongoing success.
What are La-Z-Boy's core products?
La-Z-Boy's core products include recliners, sofas, love seats, chairs, and ottomans, alongside various accessories like tables and home décor items. The company is particularly renowned for its recliners, which come in diverse styles and fabrics. Additionally, they offer customizable furniture options, allowing customers to choose colors, materials, and designs that fit their personal style and home décor.
What does La-Z-Boy Incorporated do?
La-Z-Boy Incorporated is a leading manufacturer and retailer of upholstered furniture, specializing in recliners, sofas, chairs, and more. Known for its signature recliner, the company offers a wide range of home furnishings that combine comfort with innovative design. With a history dating back to 1927, La-Z-Boy continues to expand its product lines and retail presence both in the U.S. and internationally.
What financing options does La-Z-Boy offer?
La-Z-Boy provides several financing options to make furniture purchases more accessible for customers. Typically, the company partners with several credit institutions to offer promotional financing plans, including special offers like no-interest options or low monthly payments. Customers are encouraged to inquire at participating stores or check the website for details on available financing plans.
What is La-Z-Boy's approach to sustainability?
La-Z-Boy is dedicated to sustainability and environmental responsibility, aiming to minimize its ecological footprint through various initiatives. The company focuses on using sustainable materials, reducing waste in its manufacturing processes, and implementing energy-efficient practices in its operations. La-Z-Boy's commitment to sustainability is reflected in its product lines and corporate strategies.
What is La-Z-Boy's market position?
La-Z-Boy holds a prominent position in the upholstered furniture industry, recognized as one of the leading brands in recliners and casual furniture. The company's long-standing reputation for quality craftsmanship and comfort has solidified its status as a trusted name among consumers, making it a key player in both the retail and manufacturing sectors of the furniture market.
What is La-Z-Boy's warranty policy?
La-Z-Boy typically offers a limited warranty on its products, covering defects in workmanship and materials for a specified time period. The warranty details can vary by product line but generally includes coverage for the frame, cushions, and upholstery. Customers are encouraged to retain their purchase receipts and review the warranty terms to understand their coverage and how to initiate any claims.
What is the significance of La-Z-Boy's brand?
The La-Z-Boy brand is synonymous with comfort and relaxation in the furniture industry, epitomized by its widely recognized recliner. The brand's signature products and commitment to quality have fostered customer loyalty, making La-Z-Boy a go-to choice for individuals seeking cozy and stylish home furnishings. Its reputation and legacy have attracted multiple generations of consumers, reinforcing the brand's significance in American culture.
What is the target demographic for La-Z-Boy?
La-Z-Boy targets a diverse demographic that includes families, young professionals, and retirees seeking comfortable and stylish furniture for their homes. The brand appeals to consumers who prioritize quality and durability while also valuing design and aesthetic appeal. Their range of products attracts a wide audience across various age groups and lifestyles.
What markets does La-Z-Boy serve?
La-Z-Boy primarily serves the North American market, specifically the United States and Canada, where it operates a vast network of retail outlets. In addition to North America, the company has also expanded its presence internationally, with franchises and distribution agreements in several other countries, catering to a global clientele.
When was La-Z-Boy Incorporated founded?
La-Z-Boy Incorporated was founded in 1927 by cousins Edwin J. Shoemaker and Manley Durant in Monroe, Michigan. Originally starting as a frame manufacturer, the company has grown over the decades to become a household name in the upholstered furniture industry, evolving its product offerings and expanding its market reach.
Where is La-Z-Boy headquartered?
La-Z-Boy Incorporated is headquartered in Monroe, Michigan. The company's headquarters not only serves as its operational center but also as a hub for innovation and design, where new products are developed to meet changing consumer demands in the furniture market.
Who are La-Z-Boy's major competitors?
La-Z-Boy faces competition from several major furniture brands, including Ashley Furniture, Ethan Allen, and Lazy Days. These competitors operate within the same market segment and offer similar products, such as sofas, chairs, and home furnishings. La-Z-Boy distinguishes itself through its brand identity and product innovation, but it continually adapts to remain competitive in a dynamic marketplace.
What is the current price of La-Z-Boy Incorporated Common Stock?
The current price of La-Z-Boy Incorporated Common Stock is 37.21
When was La-Z-Boy Incorporated Common Stock last traded?
The last trade of La-Z-Boy Incorporated Common Stock was at 11:17 am EDT on April 4th, 2025
What is the market capitalization of La-Z-Boy Incorporated Common Stock?
The market capitalization of La-Z-Boy Incorporated Common Stock is 1.65B
How many shares of La-Z-Boy Incorporated Common Stock are outstanding?
La-Z-Boy Incorporated Common Stock has 44.32M shares outstanding.