La-Z-Boy Incorporated (LZB)

Operating profit margin

Apr 30, 2025 Apr 30, 2024 Apr 27, 2024 Apr 30, 2023 Apr 29, 2023
Operating income US$ in thousands 156,418 150,796 150,796 211,439 211,439
Revenue US$ in thousands 2,109,210 2,047,030 2,047,030 2,349,430 2,349,430
Operating profit margin 7.42% 7.37% 7.37% 9.00% 9.00%

April 30, 2025 calculation

Operating profit margin = Operating income ÷ Revenue
= $156,418K ÷ $2,109,210K
= 7.42%

The operating profit margin of La-Z-Boy Incorporated has experienced fluctuations over the reported periods. As of April 29 and April 30, 2023, the company maintained an operating profit margin of 9.00%, indicating a strong profitability position relative to its sales at that time. However, by April 27 and April 30, 2024, the operating profit margin declined to 7.37%, reflecting a decrease in profitability, which could result from increased operating costs, pricing pressures, or other operational challenges encountered during that period.

In the most recent period reported, April 30, 2025, the operating profit margin slightly increased to 7.42%, suggesting a marginal improvement in operational efficiency or cost management efforts. Overall, the trend indicates a decline from the 2023 levels to 2024, with a modest recovery in 2025. This trajectory may warrant further investigation into the drivers of these margin changes, including cost controls, sales performance, and macroeconomic factors affecting the company's operations.


Peer comparison

Apr 30, 2025

Company name
Symbol
Operating profit margin
La-Z-Boy Incorporated
LZB
7.42%
Leggett & Platt Incorporated
LEG
32.08%
Somnigroup International Inc.
SGI
12.86%