La-Z-Boy Inc., founded in 1927 by Edward Knabusch and Edwin Shoemaker, is a global home furniture company headquartered in Monroe, Michigan. The company’s core mission is to provide high-quality, comfortable furniture that enhances the living spaces of its customers. La-Z-Boy offers a wide range of products including recliners, sofas, sectionals, loveseats, chairs, ottomans, and home accents. With a market focus spanning the United States, Canada, Australia, the United Kingdom, and several other countries, La-Z-Boy aims to be a leader in the home furnishings industry.
Notable figures associated with La-Z-Boy include Melinda Whittington, who serves as President and CEO. The company is publicly traded on the NYSE under the ticker symbol LZB and is a component of the S&P 600. La-Z-Boy has achieved significant milestones, including generating $1.73 billion in revenue in 2021 and operating 531 locations as of June 2022. Its impact is evident in its widespread presence and reputation for comfort and quality in home furniture.