Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. La-Z-Boy's retained earnings for the quarter that ended in Apr. 2026 was $610 Mil.
La-Z-Boy's quarterly retained earnings
declined
from Oct. 2025 ($608 Mil) to Jan. 2026 ($607 Mil) but then
increased
from Jan. 2026 ($607 Mil) to Apr. 2026 ($610 Mil).
La-Z-Boy's annual retained earnings
declined
from Apr. 2024 ($598 Mil) to Apr. 2025 ($597 Mil) but then
increased
from Apr. 2025 ($597 Mil) to Apr. 2026 ($610 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
La-Z-Boy Retained Earnings Historical Data
* Premium members only.
The historical data trend for La-Z-Boy's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
La-Z-Boy (LZB) has a Retained Earnings of $610 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on La-Z-Boy and its competitors.
Is La-Z-Boy's Retained Earnings too high?
La-Z-Boy's current Retained Earnings is $610 Mil. Overall, La-Z-Boy has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does La-Z-Boy's Retained Earnings compare to LEG and MLKN?
La-Z-Boy's Retained Earnings of $610 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Furnishings, Fixtures & Appliances company?
A good Retained Earnings depends on the Furnishings, Fixtures & Appliances industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on La-Z-Boy and its competitors. La-Z-Boy's current Retained Earnings is $610 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is La-Z-Boy stock overvalued right now?
Based on GuruFocus' analysis, La-Z-Boy (LZB) is currently considered Fairly Valued. The stock's GF Value™ is $39.11, compared to a current price of $41.73 — trading 6.7% above its estimated fair value. The current Retained Earnings is $610 Mil. La-Z-Boy's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For La-Z-Boy (LZB), the current Retained Earnings is $610 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is La-Z-Boy (LZB) Overvalued in 2026?
Based on GuruFocus' analysis, La-Z-Boy stock appears to be overvalued.
The current stock price of $41.73 is trading 6.7% above its estimated GF Value™ of $39.11.
GuruFocus considers La-Z-Boy to be Fairly Valued.
Key valuation signals for LZB:
Retained Earnings: $610 Mil
GF Value™: $39.11 vs. price of $41.73 (6.7% above fair value)
No single metric tells the full story. See the LZB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
La-Z-Boy Inc is a world'wide producer of reclining chairs and one of the manufacturers/distributors of residential furniture in the United States. It manufacture, market, import, export, distribute and retail upholstery furniture products. In addition, it import, distribute and retail accessories and casegoods (wood) furniture products. Its reportable operating segments include the Retail segment and the Wholesale segment. Its Retail segment mainly sells upholstered furniture. Wholesale segment manufactures and imports upholstered and casegoods (wood) furniture and sells directly. The company generates majority of revenue from Wholesale segment which manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, etc.
83GF Score
Get the complete analysis for LZB
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LZB has been successfully added to your 
