LZB · 10-K filed 16 Jun 2026 · year to 25 Apr 2026

La-Z-Boy

18 named things its latest annual report says its results depend on, each in the company's own words. 14 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Customers

La-Z-Boy proprietary dealer channel

earns from · approximately 60% of our Wholesale segment sales

In fiscal 2026, approximately 60% of our Wholesale segment sales were through proprietary channels.Business (Item 1)

Other companies

Joybird

earns fromnamed as a risk

Joybird sells a large portion of their product online, where there is significant competition for customer attention among online and direct-to-consumer brands.Risk factors (Item 1A)

Places

Mexico

operates in · three facilitiesnamed as a risk

Long-term economic and political uncertainty in some of the countries in which we operate, such as Mexico and Thailand, could result in the disruption of markets and negatively affect our business.Risk factors (Item 1A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more

Vietnam

depends on · over 90%named as a risk

In fiscal 2026, we purchased over 90% of this imported product from Vietnam, with the vast majority coming from five major suppliers.Business (Item 1)

Also named by AAPL, AMKR, ANET, ASO, BBW, CGNX, CIEN, CROX and 16 more

United States

operates in · approximately 90% of the upholstered units sold in North America

In fiscal 2026, approximately 90% of the upholstered units sold in North America were produced in the United States.Business (Item 1)

Also named by ABBV, ADP, AJG, AMGN, APA, AXGN, AXP, BALL and 139 more

China

depends onnamed as a risk

Our cut-and-sewn leather and fabric sets are primarily purchased from suppliers that operate in Vietnam and China and the majority of our raw fabric, including the fabric that is used by our Vietnam fabric set suppliers, is purchased from suppliers that primarily operate in China.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Canada

operates innamed as a risk

Finally, our business, including our sales and margins, could be adversely affected by the imposition in Canada, China, Mexico, Thailand, Vietnam, the United Kingdom or other foreign countries of import bans, quotas, and increases in tariffs.Risk factors (Item 1A)

Also named by AAP, AJG, ALL, AMRC, AOS, ARE, BBY, BF/B and 97 more

Thailand

operates innamed as a risk

We also participate in two consolidated joint ventures in Thailand that support our international businesses: one that operates a manufacturing facility and another that operates a wholesale sales office.Business (Item 1)

Also named by ADI, CB, CIEN, INGR, LITE, MCHP, NXT, TER and 3 more

Hong Kong

operates in

We manage our Asian supply chain through our global trading company in Hong Kong, which works to identify efficiencies and savings opportunities, while verifying La-Z-Boy quality standards are being adhered to and managing the relationships with our Asian suppliers.Business (Item 1)

Also named by CG, DECK, EWBC, EXPD, MCO, MPWR, MXL, NVDA and 1 more

Commodities and inputs

Polyurethane foam

depends on · three suppliersnamed as a risk

Further, most of our polyurethane foam comes from three suppliers.Risk factors (Item 1A)

Also named by SGI

Fabric and leather cover

depends on · approximately two-thirds of our cover in a raw statenamed as a risk

We purchase cover from a variety of sources, but we rely on a limited number of major suppliers.Business (Item 1)

Steel

exposed to its pricenamed as a risk

We have a higher concentration in upholstery sales, including motion furniture, than many of our competitors, and the effects of price and wage inflation related to steel, polyurethane foam, wood, electrical components for power units, leather and fabric or quantity shortages of such materials or parts have had, and could continue to have, a significant negative impact on our business.Risk factors (Item 1A)

Also named by AAON, AGX, ALSN, AM, AME, AMRC, AOS, APD and 104 more

Ocean freight

exposed to its pricenamed as a risk

The prices we paid for imported products, including associated transportation, increased during 2026 compared with fiscal 2025, primarily due to the implementation of tariffs in the first half of the fiscal year along with higher ocean freight costs in the second half of the fiscal year resulting from rising fuel prices.Business (Item 1)

Also named by KDP

Mexican Peso

exposed to its price

In Mexico, we pay wages and other local expenses in Mexican Pesos.Market risk (Item 7A)

Also named by AYI, AZO, BAX, CCK, CDRE, CP, DCH, EZPW and 14 more

Laws and programs

General Data Protection Regulation (GDPR)

subject tonamed as a risk

For example, the European General Data Protection Regulation (“GDPR”) applies to us and creates a range of requirements and compliance obligations regarding the treatment of personal data, including the public disclosure of significant data breaches, and imposes significant penalties for non-compliance.Risk factors (Item 1A)

Also named by A, AB, ABNB, ADBE, ADP, AGX, AIOT, AJG and 100 more

International Emergency Economic Powers Act (IEEPA) tariffs

subject tonamed as a risk

As a result of this ruling, we are eligible for a refund of tariffs previously paid on imported goods.Business (Item 1)

Also named by AAOI, ANET, ARW, COHR, CSW, DECK, FIVE, IBP and 8 more

U.S. tariffs on Chinese imports

subject tonamed as a risk

The United States has enacted certain tariffs on many items sourced from China and other countries, including certain furniture, accessories, furniture parts, and raw materials that are imported into the United States and that we use in our domestic operations.Risk factors (Item 1A)

Also named by CGNX, CSGP, EXPD, ROST, SSD, WTTR

Technology

La-Z-Boy trademark

depends on

We own the La-Z-Boy trademark, which is essential to the Wholesale and Retail segments of our business.Business (Item 1)