Warren McCollough - La Z Lead Independent Director

LZB Stock  USD 33.53  0.55  1.67%   

Director

Mr. Warren Alan McCollough is an Independent Director of LaZBoy Inc. Mr. McCollough is formerly was chairman and chief executive officer of Circuit City Stores, Inc. from 2000 to 2006. Mr. McCollough was a Circuit City director from 1999 to 2006. He has served on the boards of VF Corporation since 2000 and The Goodyear Tire Rubber Company since 2007. Mr. McCollough also serves as a trustee of the Joslin Diabetes Center, a nonprofit organization. since 2007.
Age 70
Tenure 17 years
Address One La-Z-Boy Drive, Monroe, MI, United States, 48162-5138
Phone734 242 1444
Webhttps://www.la-z-boy.com

La Z Management Efficiency

The company has Return on Asset of 0.0469 % which means that on every $100 spent on assets, it made $0.0469 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1249 %, implying that it generated $0.1249 on every 100 dollars invested. La Z's management efficiency ratios could be used to measure how well La Z manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to 0.07. In addition to that, Return On Capital Employed is expected to decline to 0.14. At present, La Z's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.2 B, whereas Non Currrent Assets Other are forecasted to decline to about 47.9 M.
The company has 445.91 M in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. La Z Boy has a current ratio of 1.41, which is typical for the industry and considered as normal. Debt can assist La Z until it has trouble settling it off, either with new capital or with free cash flow. So, La Z's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like La Z Boy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LZB to invest in growth at high rates of return. When we think about La Z's use of debt, we should always consider it together with cash and equity.

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La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan. La Z operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 12800 people. La Z Boy Incorporated (LZB) is traded on New York Stock Exchange in USA. It is located in One La-Z-Boy Drive, Monroe, MI, United States, 48162-5138 and employs 10,500 people. La Z is listed under Household Durables category by Fama And French industry classification.

Management Performance

La Z Boy Leadership Team

Elected by the shareholders, the La Z's board of directors comprises two types of representatives: La Z inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LZB. The board's role is to monitor La Z's management team and ensure that shareholders' interests are well served. La Z's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, La Z's outside directors are responsible for providing unbiased perspectives on the board's policies.
Otis Sawyer, Senior Vice President and President - La-Z-Boy Portfolio Brands
Erika Alexander, Director
Terrence Linz, President Brands
Melinda Whittington, Chief Financial Officer, Senior Vice President
Jennifer McCurry, Chief Accounting Officer, Vice President Controller
Stephen Krull, Vice President General Counsel and Corporate Secretary
Bob Ireland, Head Initiatives
Katherine Vanderjagt, VP Officer
Darrell Edwards, Chief Operating Officer, Senior Vice President
Doug Collier, Chief Marketing Officer, Sr. VP and President of International
James Hackett, Independent Director
Richard Gabrys, Lead Independent Director
David Behen, CIO, Vice President
Robert II, President Officer
David Hehl, Independent Director
Mark Bacon, Senior Vice President and Presidentident - La-Z-Boy Branded Business
Warren McCollough, Lead Independent Director
George Levy, Independent Director
Robert Lucian, Chief Financial Officer, Senior Vice President
Mark Becks, Director Development
Alan McCollough, Independent Director
Kurt Darrow, Chairman of the Board, President, Chief Executive Officer
Rebecca OGrady, Independent Director
Robert Sundy, Senior Vice President Chief Commercial Officer
Janet Kerr, Independent Director
Nido Qubein, Independent Director
Sarah Gallagher, Independent Director
Keith Wilson, President - International
Michael Lawton, Independent Director
Lauren Peters, Independent Director
Raphael Richmond, Chief Compliance Officer, Vice President General Counsel
Carol Lee, VP Officer
Michael Leggett, Senior Officer
H Levy, Independent Director
Edwin Holman, Independent Director
Louis Riccio, CFO and Sr. VP
Douglas Collier, Senior Vice President Chief Commercial Officer and President - International
Kathy Liebmann, Director Communications
Katie Vanderjagt, Chief Human Resource Officer
Lindsay Barnes, Chief Accounting Officer, Vice President Controller, Treasurer

LZB Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is La Z a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the La Z Boy information on this page should be used as a complementary analysis to other La Z's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for LZB Stock analysis

When running La Z's price analysis, check to measure La Z's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy La Z is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Z's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.
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Is La Z's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of La Z. If investors know LZB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about La Z listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
0.745
Earnings Share
2.7
Revenue Per Share
47.71
Quarterly Revenue Growth
(0.13)
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because La Z's market value can be influenced by many factors that don't directly affect La Z's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.