La-Z-Boy (La-Z-Boy) COGS-to-Revenue

: 0.57 (As of Jan. 2024)

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La-Z-Boy's Cost of Goods Sold for the three months ended in Jan. 2024 was $287 Mil. Its Revenue for the three months ended in Jan. 2024 was $500 Mil.

La-Z-Boy's COGS to Revenue for the three months ended in Jan. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. La-Z-Boy's Gross Margin % for the three months ended in Jan. 2024 was 42.62%.

La-Z-Boy COGS-to-Revenue Historical Data

The historical data trend for La-Z-Boy's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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La-Z-Boy Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

COGS-to-Revenue

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0.60

0.58

0.57

0.61

0.57

La-Z-Boy Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial															0.59	0.48	0.57	0.56	0.57

La-Z-Boy COGS-to-Revenue Calculation

La-Z-Boy's COGS to Revenue for the fiscal year that ended in Apr. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1340.734	/	2349.433
	=	0.57

La-Z-Boy's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	287.152	/	500.406
	=	0.57

La-Z-Boy (NYSE:LZB) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

La-Z-Boy's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	287.152 / 500.406
	=	42.62 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

La-Z-Boy COGS-to-Revenue Related Terms

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La-Z-Boy (La-Z-Boy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (NYSE:LZB) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

LAZ:Germany

Address

One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138

Website

https://www.la-z-boy.com

La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.

Executives

Janet Kerr	director	50 CASTILIAN DR, GOLETA CA 93117
Raza Syed Haider	director	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Rebecca M Reeder	officer: Pres., Retail LZB Furn. Gall.	1 LA-Z-BOY DRIVE, MONROE MI 48162
Mark Stephen Lavigne	director	533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Katherine E. Vanderjagt	officer: VP & Chief HR Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Robert Ii Sundy	officer: SVP & Chief Commercial Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Carol Young Lee	officer: VP & Chief Information Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Terrence James Linz	officer: President, La-Z-Boy Retail	1 LA-Z-BOY DRIVE, MONROE MI 48162
Bryan Keith Wilson	officer: President Int'l & Joybird	6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU
Michael Adam Leggett	officer: Sr VP & Chief Supply Chain Off	1 LA-Z-BOY DRIVE, MONROE MI 48162
Kurt L Darrow	director, officer: Chairman, President & CEO	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Erika L. Alexander	director	10400 FERNWOOD RD., BETHESDA MD 20817
Otis S Sawyer	officer: Senior Vice President	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Raphaell Z. Richmond	officer: VP, GC & Chief Compliance Off	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Jennifer Lynn Mccurry	officer: Chief Accounting Officer	ONE LA-Z-BOY DRIVE, MONROE MI 48162