# La-Z-Boy share price today (La-Z-Boy Incorporated, LZB) > La-Z-Boy Incorporated's P/E is near the low end of its own history, higher than only 33% of past readings, and its quarterly results are still getting worse. LZB · Consumer Discretionary · Furnishings, Fixtures & Appliances · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/lzb Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from the last 12 quarters - Price: $31.16 (−1.7% in a year) - P/E: 15.7× (lower than 67% of the last 1 year) - Revenue (Jul 2026): $476 M (−3.4% on a year ago) - Profit (Jul 2026): −$2.3 M (−112.6% on a year ago) - Operating margin: 2.7% (−1.8 points on a year ago) - ROE: 10%, FY26 - ROIC: 8.3%, against a 7.9% cost of capital: +0.4 points The main question: the P/E is near the low end of its own history, higher than only 33% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the La-Z-Boy share price today? La-Z-Boy Incorporated's share price was $31.16 at the close on 3 November 2026. That is 11.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $29 and $42, and at that close it sat 15% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 12 weeks running. Over the last 1 year the share price moved −21% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does La-Z-Boy pay? La-Z-Boy Incorporated paid $0.95 per share over the last four reported quarters. The most recent declaration was $0.24 for Jul 2026. At today's price of $31.16 that is a yield of 3.05%, based on dividends already paid, not a forecast. ## Which stock lists is La-Z-Boy on? La-Z-Boy is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is La-Z-Boy profitable? La-Z-Boy Incorporated posted a net loss of $2.3 M in the Jul 2026 quarter. Full-year FY26 profit was $102 M. Over 4 years profit has grown −9.2% a year on average. That loss is 0.5% of the quarter's revenue. The same quarter a year earlier earned $18.2 M. 1 of the last 12 reported quarters were loss-making. Jul 2026 profit was −$2.3 M, −112.6% on a year earlier. For the full year, FY26 profit was $102 M (+2.4% on the year before). Why profit moved: revenue changed −3.4% on a year earlier and the margin moved −1.8 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −4.4% and revenue +0.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does La-Z-Boy make, and is it growing? La-Z-Boy Incorporated reported $476 M of revenue in the Jul 2026 quarter, −3.4% on the same quarter a year earlier. Over 4 years it has grown −2.5% a year on average. The last full year, FY26, came in at $2.1 B. The last four reported quarters add to $2.1 B. FY26 revenue was $2.1 B, +0.8% on the year before. Recent pace: the last four quarters grew +0.1% on average, against −2.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +0.2%, against +1.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −11.0%, against −18.0% a year (accelerating). ## How much of every $100 of sales does La-Z-Boy keep? La-Z-Boy Incorporated's operating margin was 2.7% in the Jul 2026 quarter, 1.8 percentage points lower than the same quarter a year ago. Across 5 years it has been between 7.2% and 9.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −1.8 percentage points on the year while gross margin changed +3.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is La-Z-Boy's profit turning into cash? Over the last 3 years, 170% of La-Z-Boy Incorporated's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $204 M of operating cash against $102 M of profit. After $76.3 M of spending on assets, $128 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does La-Z-Boy's cash go? La-Z-Boy Incorporated does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $204 M on assets over the last 3 years. Averaged over those years that is 3.2% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $204 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is La-Z-Boy's P/E ratio, and how does it compare with its own history? La-Z-Boy Incorporated's P/E is 15.7×, near the low end of its own history: it has been lower only 33% of the time. Its usual P/E (the middle reading) is 16.2×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +5.1% while the price moved −1.7%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the La-Z-Boy business getting better or worse? La-Z-Boy Incorporated's business is getting worse. Profit and EPS growth are shrinking: profit growth is −11.0% in the latest quarter, against +5.3% at its best in 12 quarters, with ROCE steady at 9.5%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does La-Z-Boy earn on its capital? La-Z-Boy Incorporated earned a ROE of 10% in FY26. Its return on capital used (ROIC) is 0.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 4.8% net margin and 1.04× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.8% net margin × 1.04× asset turnover × 1.92× leverage (assets divided by equity) ≈ 9.6% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.3% − 7.9% = +0.4 percentage points. The 7.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does La-Z-Boy have too much debt? La-Z-Boy Incorporated has total debt of $542 M against shareholder equity of $1.0 B as of Jul 2026, so its debt is 0.53× its equity. Year by year, that ratio went from 0.52 in FY22 to 0.53 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the La-Z-Boy shareholding pattern? 5.3% of La-Z-Boy Incorporated's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is La-Z-Boy from balance-sheet trouble? For La-Z-Boy Incorporated, the Z-score is 2.79. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.79 is in the grey area, neither clearly safe nor clearly in trouble. ## How does La-Z-Boy rank in its industry? 34.5 out of 100, rank 18 of 21 in Furnishings, Fixtures & Appliances, with 85% of the evidence available. La-Z-Boy Incorporated scores 34.5 out of 100 against the 21 companies it is compared with in Furnishings, Fixtures & Appliances, ranking 18. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 12.9 + 12.5 + 6.6 + 2.5 = 34.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is La-Z-Boy compared with? La-Z-Boy ranks 18 of 21 Furnishings, Fixtures & Appliances companies on the 4-Factor Sector Score, with 34.5 out of 100. 1. [SharkNinja, Inc.](https://www.sectoralpha.in/us/stocks/sn) SN · leader · Most evidence points up · 81% evidence 73.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 17.5% · Profit 33.9% · Operating margin change -1.5 points · 83% evidence Capital efficiency 20.4/25 · ROCE 25.4% · Operating margin 10.2% · 76% evidence Valuation 10.2/20 · P/E 31× · PEG 0.92 · 65% evidence Relative strength 19.5/20 · Lead over its industry 44.2% · Lead over S&P 500 47.2% · 1 year 127.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.9 + 20.4 + 10.2 + 19.5 = 73 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Flexsteel Industries, Inc.](https://www.sectoralpha.in/us/stocks/flxs) FLXS · losing its lead · Most evidence points up · 81% evidence 71.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 3.9% · Profit 65% · Operating margin change 5.2 points · 83% evidence Capital efficiency 18.9/25 · ROCE 23.9% · Operating margin 14.2% · 76% evidence Valuation 13.7/20 · P/E 12× · PEG 0.61 · 65% evidence Relative strength 12.2/20 · Lead over its industry 15.6% · Lead over S&P 500 18% · 1 year 111.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 26.3 + 18.9 + 13.7 + 12.2 = 71.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Interface, Inc.](https://www.sectoralpha.in/us/stocks/tile) TILE · breaking out · Too little evidence to rank firmly · 58% evidence 68.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue n/a · Profit n/a · Operating margin change 4.1 points · 45% evidence Capital efficiency 18.9/25 · ROCE 18.5% · Operating margin 18.6% · 76% evidence Valuation 10.2/20 · P/E 14.2× · PEG n/a · 15% evidence Relative strength 15.8/20 · Lead over its industry 12% · Lead over S&P 500 14.7% · 1 year 47.3% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.7 + 18.9 + 10.2 + 15.8 = 68.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Somnigroup International Inc.](https://www.sectoralpha.in/us/stocks/sgi) SGI · turning · Evidence leans up · 81% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Revenue 27.1% · Profit 97.8% · Operating margin change 0.7 points · 83% evidence Capital efficiency 15.1/25 · ROCE 11.5% · Operating margin 11.1% · 76% evidence Valuation 12.2/20 · P/E 30.9× · PEG 0.53 · 65% evidence Relative strength 6.8/20 · Lead over its industry -21.7% · Lead over S&P 500 -19.3% · 1 year -28.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.9 + 15.1 + 12.2 + 6.8 = 62 · What this means: Earnings are strong; relative strength in its sector is -21.7% and the one-year return is -28.4%. 5. [Mohawk Industries, Inc.](https://www.sectoralpha.in/us/stocks/mhk) MHK · breaking out · Too little evidence to rank firmly · 58% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue n/a · Profit n/a · Operating margin change 3.1 points · 45% evidence Capital efficiency 12.0/25 · ROCE 7.7% · Operating margin 9.8% · 76% evidence Valuation 9.7/20 · P/E 15.7× · PEG n/a · 15% evidence Relative strength 17.7/20 · Lead over its industry 16.1% · Lead over S&P 500 19.1% · 1 year 33.7% · 100% evidence · 9 of 12 weeks ahead Exact sum: 21.9 + 12 + 9.7 + 17.7 = 61.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Hamilton Beach Brands Holding Company](https://www.sectoralpha.in/us/stocks/hbb) HBB · leader · Evidence leans up · 81% evidence 60.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Revenue -3.3% · Profit 84.4% · Operating margin change 1 points · 83% evidence Capital efficiency 14.1/25 · ROCE 13.5% · Operating margin 5.7% · 76% evidence Valuation 15.8/20 · P/E 5.4× · PEG 0.25 · 65% evidence Relative strength 14.4/20 · Lead over its industry 35.2% · Lead over S&P 500 38.2% · 1 year 135.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 16.6 + 14.1 + 15.8 + 14.4 = 60.9 · What this means: Relative strength against the index is 38.2%, and revenue and profit growth are weak. 7. [Alliance Laundry Holdings Inc.](https://www.sectoralpha.in/us/stocks/alh) ALH · basing · Evidence leans up · 65% evidence 58.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.4/35 · Revenue 10% · Profit 100% · Operating margin change 1.2 points · 83% evidence Capital efficiency 17.7/25 · ROCE 14% · Operating margin 22.2% · 76% evidence Valuation 9.0/20 · P/E 29.4× · PEG n/a · 15% evidence Relative strength 6.0/20 · Lead over its industry -11.6% · Lead over S&P 500 -9.1% · 1 year -15.9% · 70% evidence · 0 of 12 weeks ahead Exact sum: 25.4 + 17.7 + 9 + 6 = 58.1 · What this means: Earnings are strong; relative strength in its sector is -11.6% and the one-year return is -15.9%. 8. [Leggett & Platt, Incorporated](https://www.sectoralpha.in/us/stocks/leg) LEG · Evidence leans up · 61% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.7/43.75 · Revenue -8.1% · Profit 53.1% · Operating margin change 1.7 points · 83% evidence Capital efficiency 15.3/31.25 · ROCE 8.6% · Operating margin 8.4% · 76% evidence Valuation 19.9/25 · P/E 7.3× · PEG 0.14 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 22.7 + 15.3 + 19.9 = 57.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 9. Bassett Furniture Industries, Incorporated BSET · turning · Evidence leans down · 85% evidence 48.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.1/35 · Revenue 1.8% · Profit -12.5% · Operating margin change 2.6 points · 95% evidence Capital efficiency 7.8/25 · ROCE 3.6% · Operating margin 3.3% · 76% evidence Valuation 4.1/20 · P/E 23.9× · PEG 3.8 · 65% evidence Relative strength 19.0/20 · Lead over its industry 25.8% · Lead over S&P 500 28.9% · 1 year 57.7% · 100% evidence · 8 of 12 weeks ahead Exact sum: 17.1 + 7.8 + 4.1 + 19 = 48 · What this means: Relative strength against the index is 28.9%, and revenue and profit growth are weak. 10. [Ethan Allen Interiors Inc.](https://www.sectoralpha.in/us/stocks/etd) ETD · quiet · Evidence leans down · 81% evidence 47.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue -5.5% · Profit -23.1% · Operating margin change 2.5 points · 83% evidence Capital efficiency 13.3/25 · ROCE 8.1% · Operating margin 10.5% · 76% evidence Valuation 14.2/20 · P/E 14.3× · PEG 0.26 · 65% evidence Relative strength 6.7/20 · Lead over its industry -16% · Lead over S&P 500 -13.6% · 1 year -14.4% · 100% evidence · 2 of 12 weeks ahead Exact sum: 13.7 + 13.3 + 14.2 + 6.7 = 47.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 11. [MillerKnoll, Inc.](https://www.sectoralpha.in/us/stocks/mlkn) MLKN · quiet · Evidence leans down · 77% evidence 46.7 out of 100 Growth Capital Valuation Relative 12. [HNI Corporation](https://www.sectoralpha.in/us/stocks/hni) HNI · losing its lead · Too little evidence to rank firmly · 58% evidence 45.5 out of 100 Growth Capital Valuation Relative 13. Kewaunee Scientific Corporation KEQU · Evidence leans down · 65% evidence 45.0 out of 100 Growth Capital Valuation Relative 14. Lifetime Brands, Inc. LCUT · losing its lead · Evidence leans down · 64% evidence 43.0 out of 100 Growth Capital Valuation Relative 15. Hooker Furnishings Corporation HOFT · turning · Evidence leans down · 67% evidence 42.0 out of 100 Growth Capital Valuation Relative 16. Traeger, Inc. COOK · quiet · Evidence leans down · 64% evidence 38.5 out of 100 Growth Capital Valuation Relative 17. [The Lovesac Company](https://www.sectoralpha.in/us/stocks/love) LOVE · quiet · Evidence leans down · 77% evidence 37.7 out of 100 Growth Capital Valuation Relative 18. La-Z-Boy Incorporated this page LZB · basing · Most evidence points down · 85% evidence 34.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 0.2% · Profit -9.9% · Operating margin change -1.8 points · 95% evidence Capital efficiency 12.5/25 · ROCE 9.4% · Operating margin 2.7% · 76% evidence Valuation 6.6/20 · P/E 14.2× · PEG 2.57 · 65% evidence Relative strength 2.5/20 · Lead over its industry -19.3% · Lead over S&P 500 -17.1% · 1 year -0.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.9 + 12.5 + 6.6 + 2.5 = 34.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 19. [XMax Inc.](https://www.sectoralpha.in/us/stocks/xmax) XMAX · quiet · Most evidence points down · 64% evidence 33.1 out of 100 Growth Capital Valuation Relative 20. [Whirlpool Corporation](https://www.sectoralpha.in/us/stocks/whr) WHR · basing · Most evidence points down · 64% evidence 28.3 out of 100 Growth Capital Valuation Relative 21. [MasterBrand, Inc.](https://www.sectoralpha.in/us/stocks/mbc) MBC · basing · Most evidence points down · 71% evidence 26.3 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Furnishings, Fixtures & Appliances](https://www.sectoralpha.in/us/sectors/furnishings-fixtures-appliances), all 21 compared on one page. ## Which companies are close to La-Z-Boy in size? La-Z-Boy is the 11th largest of 17 Furnishings, Fixtures & Appliances companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: MillerKnoll, Inc., MasterBrand, Inc. and Leggett & Platt, Incorporated. Just below it: Ethan Allen Interiors Inc., Hamilton Beach Brands Holding Company and Flexsteel Industries, Inc. ### Furnishings, Fixtures & Appliances companies close in size 1. [MillerKnoll, Inc.](https://www.sectoralpha.in/us/stocks/mlkn) $1.5 billion 2. [MasterBrand, Inc.](https://www.sectoralpha.in/us/stocks/mbc) $1.4 billion 3. [Leggett & Platt, Incorporated](https://www.sectoralpha.in/us/stocks/leg) $1.3 billion 4. La-Z-Boy Incorporated $1.2 billion 5. [Ethan Allen Interiors Inc.](https://www.sectoralpha.in/us/stocks/etd) $511 million 6. [Hamilton Beach Brands Holding Company](https://www.sectoralpha.in/us/stocks/hbb) $439 million 7. [Flexsteel Industries, Inc.](https://www.sectoralpha.in/us/stocks/flxs) $304 million [All 17 Furnishings, Fixtures & Appliances companies, largest first](https://www.sectoralpha.in/us/sectors/furnishings-fixtures-appliances#all-companies) ### Companies close in size in other industries 1. [Community Trust Bancorp, Inc.](https://www.sectoralpha.in/us/stocks/ctbi) $1.3 billion · Banks - Regional 2. [Nutex Health Inc.](https://www.sectoralpha.in/us/stocks/nutx) $1.3 billion · Medical Care Facilities 3. La-Z-Boy Incorporated $1.3 billion 4. [Preferred Bank](https://www.sectoralpha.in/us/stocks/pfbc) $1.3 billion · Banks - Regional 5. [U.S. Physical Therapy, Inc.](https://www.sectoralpha.in/us/stocks/usph) $1.3 billion · Medical Care Facilities ## What else do people ask about La-Z-Boy? ### What were La-Z-Boy's latest quarterly results? La-Z-Boy Incorporated reported revenue of $476 M and a net loss of $2.3 M for the Jul 2026 quarter. Revenue fell 3.4% and profit fell 112.6% compared with a year earlier. Earnings per share were −$0.06. The operating margin was 2.7%, 1.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is La-Z-Boy's market cap? La-Z-Boy Incorporated's market capitalisation is $1.2 B at a stock price of $31.16. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is La-Z-Boy performing? La-Z-Boy Incorporated's latest readings are below. In its latest quarter, revenue fell 3.4% and profit fell 112.6% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 12 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will La-Z-Boy's stock price go up? This page does not forecast La-Z-Boy Incorporated's stock price. What it shows instead: the stock price is $31.16. Its P/E of 15.7× is higher than 33% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is La-Z-Boy in its business cycle? La-Z-Boy Incorporated's FY26 operating margin was 7.2%, against a 5-year range of 7.2% to 9.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 2.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the La-Z-Boy story? The main question: the P/E is near the low end of its own history, higher than only 33% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is La-Z-Boy a stock worth studying right now? What the numbers show: La-Z-Boy Incorporated's P/E is near the low end of its own history, higher than only 33% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.