La-Z-Boy Incorporated Declares Quarterly Dividend
La-Z-Boy (NYSE: LZB) has declared a quarterly cash dividend of $0.22 per share on its common stock.
Sentiment and the balance of points
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Rhea-AI Summary
La-Z-Boy (NYSE: LZB) has declared a quarterly cash dividend of $0.22 per share on its common stock. The dividend will be paid on September 15, 2025, to shareholders of record as of September 4, 2025.
The company operates through its Retail segment, which includes nearly 210 company-owned La-Z-Boy Furniture Galleries® stores, and its Wholesale segment. The broader network comprises approximately 370 La-Z-Boy Furniture Galleries® stores nationwide, complemented by La-Z-Boy.com and 14 Joybird® stores. The company continues its mission of bringing comfort to homes since inventing the iconic recliner in 1927.
Positive
- Consistent dividend payment demonstrates financial stability
- Extensive retail presence with 370 La-Z-Boy Furniture Galleries nationwide
- Vertically integrated business model spanning manufacturing and retail
Negative
- None.
Details
News Market Reaction – LZB
On Aug 26, the first trading day after this news, LZB closed 1.15% below the previous close.
Data tracked by StockTitan Argus for the Aug 26 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONROE, Mich., Aug. 25, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today declared a quarterly cash dividend of
Investor Relations Contact:
Mark Becks, CFA, (734) 457-9538
mark.becks@la-z-boy.com
About La-Z-Boy:
La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world - a mission that began when its founders invented the iconic recliner in 1927. Today, the company operates as a vertically integrated furniture retailer and manufacturer, committed to uncompromising quality and compassion for its consumers.
The Retail segment consists of nearly 210 company-owned La-Z-Boy Furniture Galleries® stores and is part of a broader network of nearly 370 La-Z-Boy Furniture Galleries® that, with La-Z-Boy.com, serve customers nationwide. Joybird®, an omni-channel retailer and manufacturer of modern upholstered furniture, has 14 stores in the U.S. (one new store opened in fiscal 2026 Q2). In the Wholesale segment, La-Z-Boy manufactures comfortable, custom furniture for Furniture Galleries® and a variety of retail channels, England Furniture Co. offers custom upholstered furniture, and casegoods brands Kincaid®, American Drew®, and Hammary® provide pieces that make every room feel like home. To learn more, please visit: https://www.la-z-boy.com/.
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