La-Z-Boy Incorporated (LZB)
Operating profit margin
| Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 22, 2022 | Oct 23, 2021 | Jul 24, 2021 | Apr 24, 2021 | Jan 23, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | Oct 26, 2019 | Jul 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 150,796 | 154,772 | 165,051 | 193,322 | 211,439 | 236,151 | 232,798 | 225,028 | 206,756 | 178,029 | 172,956 | 166,782 | 136,736 | 100,104 | 118,003 | 99,665 | 118,762 | 142,507 | 131,037 | 129,936 |
| Revenue (ttm) | US$ in thousands | 2,047,027 | 2,054,779 | 2,127,096 | 2,226,993 | 2,349,433 | 2,472,712 | 2,471,562 | 2,436,119 | 2,356,811 | 2,191,715 | 2,090,338 | 1,973,569 | 1,734,244 | 1,582,055 | 1,587,715 | 1,575,807 | 1,703,982 | 1,790,492 | 1,782,218 | 1,774,339 |
| Operating profit margin | 7.37% | 7.53% | 7.76% | 8.68% | 9.00% | 9.55% | 9.42% | 9.24% | 8.77% | 8.12% | 8.27% | 8.45% | 7.88% | 6.33% | 7.43% | 6.32% | 6.97% | 7.96% | 7.35% | 7.32% |
April 27, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $150,796K ÷ $2,047,027K
= 7.37%
La-Z-Boy Incorporated's operating profit margin has displayed some fluctuations over the past several quarters. The latest reported operating profit margin of 7.37% as of April 27, 2024, indicates a slight decline from the previous quarter. However, when compared to the same quarter in the previous year, the operating profit margin has decreased.
The trend over the past few quarters shows a general decrease in the operating profit margin, with some variations. This suggests that La-Z-Boy Incorporated may be facing challenges in maintaining profitability and operational efficiency. It is essential for the company to closely monitor its costs and revenue streams to improve its operating profit margin in the future.
Peer comparison
Apr 27, 2024