La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery products and wood casegoods furniture products under the La-Z-Boy brand in the United States and Canada. The company operates in three segments: Upholstery Group, Casegoods Group, and Retail Group. The Upholstery Group segment primarily manufactures and sells upholstered furniture to furniture retailers and proprietary stores. Its products include recliners and motion furniture, sofas, loveseats, chairs, ottomans, sleeper sofas, sectionals, and modulars. The Casegoods Group segment primarily imports, markets, and distributes manufactured or imported wood casegoods furniture to furniture retailers. Its products include tables, chairs, entertainment centers, headboards, dressers, accent pieces, and some coordinated upholstered furniture. The Retail Group segment sells La-Z-Boy branded products and upholstered furniture to end consumers through the retail network. As of April 26, 2008, the company had 70 company-owned La-Z-Boy Furniture Galleries stores. The company was formerly known as Floral City Furniture. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan.
$8.75 (10/03/08)
