La-Z-Boy Incorporated (LZB)
Operating profit margin
| Apr 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 156,418 | 157,607 | 172,536 | 166,325 | 166,516 | 148,831 | 132,346 | 134,311 | 136,276 | 156,737 | 177,198 | 185,512 | 193,826 | 201,636 | 209,446 | 219,249 | 229,052 | 245,954 | 224,204 | 211,048 |
| Revenue (ttm) | US$ in thousands | 2,109,207 | 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 |
| Operating profit margin | 7.42% | 7.53% | 8.12% | 7.91% | 7.90% | 7.20% | 6.54% | 6.70% | 6.86% | 7.70% | 8.50% | 8.52% | 8.55% | 8.70% | 8.84% | 9.14% | 9.42% | 9.82% | 9.10% | 8.68% |
April 30, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $156,418K ÷ $2,109,207K
= 7.42%
The operating profit margin of La-Z-Boy Incorporated demonstrates variable performance over the specified periods, reflecting the company’s evolving profitability. Starting from a high of 9.82% on October 29, 2022, the margin experienced a gradual decline through subsequent quarters, reaching its lowest point at approximately 6.54% on January 31, 2024. This downward trend indicates a period of reduced profitability relative to sales during this timeframe, possibly due to increased costs, pricing pressures, or operational challenges.
Following this low in early 2024, the operating profit margin exhibits signs of recovery, increasing to approximately 7.90% by April 30, 2024, and further edging upward to around 8.12% as of October 31, 2024. This rebound suggests an improvement in operational efficiency or better cost management, contributing to a return toward prior profitability levels.
Overall, the data indicates that La-Z-Boy’s operating profit margin has faced periods of contraction but also periods of recovery, illustrating cyclical or responsive adjustments in operational performance. The fluctuations highlight the impact of external and internal factors influencing profitability, with recent figures showing a modest upward trend towards stabilization near the 8% level.
Peer comparison
Apr 30, 2025