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Balance Sheet Cash Flow Statement 1284 N. Telegraph Rd. Monroe, MI 48162 MI Tel. 734-242-1444 Fax 734-457-2005 |
Type: Public
On the web:
http://www.lazboy.com
Employees:
7,730
Employee growth: (23.1%)
The kickback that La-Z-Boy gives its customers is perfectly legal. The top US maker of upholstered furniture, La-Z-Boy sells its ubiquitous recliners, plus chairs, sofas, tables, and modular seating units. One recliner has sported a drink cooler, phone, and massage and heat system. La-Z-Boy sells through about 70 company-owned stores, some 250 independent La-Z-Boy Furniture Galleries, and about 220 in-store galleries at furniture dealers, department stores, and other outlets. La-Z-Boy also makes wood furniture (desks, cabinets, and bedroom items) and licenses its name for use on furniture for the health care industry. Its brands include La-Z-Boy, Bauhaus USA, Hammary, American Drew/Lea, and Kincaid.
Key numbers for fiscal year ending May, 2009:
Sales: $1,226.7M
One year growth: (15.5%)
Net income: ($121.3)M
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




