Here are a few of the most interesting La-Z-Boy statistics and facts I was able to dig up including store count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
La-Z-Boy Facts
- Website: Official Website
- Year Founded: 1927
- Headquarters: Monroe, MI
- Founder(s): Edward Knabusch and Edwin Shoemaker
- Current Chief Executive: Kurt Darrow
What is La-Z-Boy?
La-Z-Boy Incorporated is one of the world’s leading residential furniture producers, marketing furniture for every room of the home. Our state-of-the-art world headquarters, located in Monroe, MI, is just a short drive from the Ann Arbor, Metro Detroit and Toledo areas. Notably, our building was recently awarded the LEED Silver Certification by the U.S. Green Building Council. La-Z-Boy’s network of 300+ retail stores span across the U.S. and Canada, and our vast distribution network allows our product to reach consumers and retailers across the globe. (source)
La-Z-Boy Revenue Totals
La-Z-Boy annual sales:
- FY 2019: $1.745 billion
- FY 2018: $1.583 billion
- FY 2017: $1.520 billion
- FY 2016: $1.525 billion
- FY 2015: $1.425 billion
La-Z-Boy annual net income:
- FY 2019: $68 million
- FY 2018: $80 million
- FY 2017: $85 million
- FY 2016: $79 million
- FY 2015: $70 million