La-Z-Boy Incorporated (LZB)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 915,439 | 924,157 | 906,763 | 906,674 | 889,196 | 871,718 | 864,192 | 856,666 | 894,137 | 931,608 | 972,307 | 1,002,160 | 1,002,820 | 992,228 | 987,261 | 982,710 | 993,201 | 963,082 | 940,987 | 933,252 |
| Revenue (ttm) | US$ in thousands | 2,091,871 | 2,123,629 | 2,103,008 | 2,107,882 | 2,065,782 | 2,023,682 | 2,004,927 | 1,986,172 | 2,036,024 | 2,085,876 | 2,176,948 | 2,268,020 | 2,318,065 | 2,368,110 | 2,399,478 | 2,430,846 | 2,504,080 | 2,464,321 | 2,431,803 | 2,403,601 |
| Gross profit margin | 43.76% | 43.52% | 43.12% | 43.01% | 43.04% | 43.08% | 43.10% | 43.13% | 43.92% | 44.66% | 44.66% | 44.19% | 43.26% | 41.90% | 41.14% | 40.43% | 39.66% | 39.08% | 38.70% | 38.83% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $915,439K ÷ $2,091,871K
= 43.76%
La-Z-Boy Incorporated's gross profit margin has shown a generally positive trend over the periods provided in the data. Starting at 38.83% in April 2022, it experienced minor fluctuations before gradually increasing to 43.76% by January 2025.
The company's gross profit margin reached its lowest point of 38.70% in July 2022, and its highest point of 44.66% was observed in both April and July 2023 before stabilizing around the low 40% range.
Overall, the upward trend in La-Z-Boy's gross profit margin indicates an improvement in its ability to generate profits from its core operations, suggesting effective cost management, pricing strategies, or potential changes in product mix that have positively impacted profitability over time.
Peer comparison
Jan 31, 2025