La-Z-Boy Appoints Bill Boor to Board, Enhancing Growth Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2025
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Source: Globenewswire
- New Board Appointment: La-Z-Boy appointed Bill Boor to its Board of Directors effective December 8, 2025, bringing insights from his leadership at Cavco Industries, which has focused on multi-year growth strategies, potentially enhancing La-Z-Boy's strategic direction.
- Governance and Leadership: With over 17 years of board experience, including 11 years as an independent director, Boor's governance expertise and supply chain oversight will likely improve decision-making quality as La-Z-Boy executes its Century Vision growth strategy.
- Industry Background: As a leading residential furniture manufacturer, La-Z-Boy stands to benefit from Boor's extensive experience in housing manufacturing and retail, which could optimize its operational and market strategies.
- Strategic Vision: Boor expressed enthusiasm for collaborating with the La-Z-Boy team to drive value creation and growth, indicating the company's positive outlook for future development.
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Analyst Views on LZB
Wall Street analysts forecast LZB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LZB is 42.50 USD with a low forecast of 39.00 USD and a high forecast of 46.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 37.130
Low
39.00
Averages
42.50
High
46.00
Current: 37.130
Low
39.00
Averages
42.50
High
46.00
About LZB
La-Z-Boy Incorporated is a vertically integrated furniture retailer and manufacturer. The Company manufactures, markets, imports, exports, distributes and retails upholstery furniture products under the La-Z-Boy, England, Kincaid, and Joybird tradenames. Its segments include the Wholesale segment and the Retail segment. The Retail segment consists of over 200 Company-owned La-Z-Boy Furniture Galleries stores and is part of a broader network of nearly 370 La-Z-Boy Furniture Galleries that, with La-Z-Boy.com, serve customers nationwide. Joybird, an e-commerce retailer and manufacturer of modern upholstered furniture, has over 12 stores in the United States. In the Wholesale segment, the Company manufactures comfortable, custom furniture for Furniture Galleries and a variety of retail channels. England Furniture Co. offers custom upholstered furniture, and casegoods brands Kincaid, American Drew, and Hammary provide pieces that make every room feel like home.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
La-Z-Boy Expands Retail Network, Forecasts $2.65 EPS for 2026
- Retail Expansion: La-Z-Boy is enhancing its market scale and achieving immediate sales and profit growth by adding 15 new stores in the Southeast, demonstrating proactive positioning in a competitive furniture market.
- Portfolio Optimization: The company is focusing on its core North American upholstery business by exiting non-core operations, which is expected to lift margins and strengthen its competitive edge, particularly among younger consumers.
- Improving Sales Trends: La-Z-Boy is experiencing improving written sales trends and strong wholesale performance, which are anticipated to drive future revenue growth, despite overall furniture demand being impacted by a weak housing market.
- Earnings Forecast Upgrade: Analysts have raised their earnings estimate for La-Z-Boy's fiscal 2026 from $2.46 to $2.65 per share, reflecting market optimism regarding the company's future growth prospects.
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