Mr. Edwin J. Holman is Independent Director of LaZBoy Inc, since 2010. Mr. Holman served as interim chief executive officer of The Pantry, Inc. from October 5, 2011 until March 5, 2012. Previously he served as chairman and chief executive officer of Macy?s Central, a division of Macy?s Inc. . He also served as president and chief executive officer of Galyan?s Trading Company . Previously, Mr. Holman was the president and COO of Bloomingdale?s, a division of Federated Department Stores Inc.; president and COO of Rich?s/Lazarus/Goldsmiths divisions, a division of Federated Department Stores, Inc. ; chairman and chief executive officer of Petrie Retail, Inc. ; president and COO of the department stores, Woodward & Lothrop ; vice chairman and COO of The Carter Hawley Hale Stores; and a senior operating executive of The Neiman Marcus Group. Mr. Holman has served as a director on the board of the independently operated convenience chain store, The Pantry, Inc., since 2005. Except for the six months that he acted as interim chief executive officer, he has served as that company?s chairman since 2009. Mr. Holman previously served as a director on the boards of several public companies including Office Max and Circle International, a provider of international transportation and logistics. He is the nonexecutive chairman of RGIS International, a portfolio company of the Blackstone Group. Mr. Holman is a 2011 National Association of Corporationrationrate Directors Governance Fellow.
The company has Return on Asset of 5.56 % which means that on every $100 spent on asset it made $5.56 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 10.67 % implying that it generated $10.67 on every 100 dollars invested.
The company has 7.63 M in debt with debt to equity (D/E) ratio of 0.02 which may show that the company is not taking advantage of profits from borrowing. LaZBoy Incorporated has Current Ratio of 3.3 demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.
LaZBoy Incorporated manufactures, markets, imports, distributes, and retails upholstery products, accessories, and casegoods furniture solutions under the LaZBoy brand name primarily in the United States and Canada. LaZBoy Incorporated [LZB] is traded on New York Stock Exchange in USA. It is located in Monroe, MI and employs 8,160 people. Filter other
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