Type: Public
On the web: http://www.la-z-boy.com
Employees: 7,910
Employee growth: (4.6%)

The kickback that La-Z-Boy gives its customers is perfectly legal. A top US maker of upholstered furniture, La-Z-Boy sells its ubiquitous recliners, plus chairs, sofas, tables, and modular seating units. One recliner boasts a drink cooler, phone, and massage and heat system. Its brands include La-Z-Boy, Bauhaus, England, Hammary, American Drew, Lea, and Kincaid. La-Z-Boy sells its products through about 80 company-owned stores, some 220 independent La-Z-Boy Furniture Galleries, and about 520 Comfort Studios (about 5,000 sq. ft. of dedicated La-Z-Boy space hosted by an independent retailer). La-Z-Boy also makes wood desks and bedroom items and licenses its name for use on furniture for the health care industry.

Key numbers for fiscal year ending April, 2011:
Sales: $1,187.1M
One year growth: 0.7%
Net income: $24.0M
Income growth: (26.1%)

Officers:
Chairman: James W. Johnston
President, CEO, and Director: Kurt L. Darrow
SVP and CFO: Louis M. (Mike) Riccio Jr.

Competitors:
Ethan Allen
Furniture Brands International
Natuzzi

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