LZB Gross Profit from 2010 to 2024

LZB Stock  USD 43.40  0.61  1.43%   
La Z's Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 473.8 M. Gross Profit is the profit La Z Boy Incorporated makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-10-31
Previous Quarter
213.3 M
Current Value
230.6 M
Quarterly Volatility
58.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check La Z financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among La Z's main balance sheet or income statement drivers, such as Depreciation And Amortization of 130.8 M, Interest Expense of 629.1 K or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.024 or PTB Ratio of 1.43. LZB financial statements analysis is a perfect complement when working with La Z Valuation or Volatility modules.
  
Check out the analysis of La Z Correlation against competitors.

Latest La Z's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of La Z Boy Incorporated over the last few years. Gross profit is a required income statement account that reflects total revenue of La Z Boy Incorporated minus its cost of goods sold. It is profit before La Z operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. La Z's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in La Z's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.01 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

LZB Gross Profit Regression Statistics

Arithmetic Mean609,496,994
Geometric Mean552,394,665
Coefficient Of Variation37.98
Mean Deviation176,917,472
Median606,542,000
Standard Deviation231,514,768
Sample Variance53599.1T
Range895.7M
R-Value0.78
Mean Square Error22373T
R-Squared0.61
Significance0.0006
Slope40,511,830
Total Sum of Squares750387.2T

LZB Gross Profit History

2024473.8 M
2023881.7 M
2022B
2021916 M
2020740.3 M
2019721.4 M
2018702.6 M

Other Fundumenentals of La Z Boy

La Z Gross Profit component correlations

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0.310.340.180.49-0.10.20.140.030.390.310.27-0.66-0.03-0.060.43-0.240.46-0.10.450.29-0.260.520.44-0.45
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About La Z Financial Statements

La Z stakeholders use historical fundamental indicators, such as La Z's Gross Profit, to determine how well the company is positioned to perform in the future. Although La Z investors may analyze each financial statement separately, they are all interrelated. For example, changes in La Z's assets and liabilities are reflected in the revenues and expenses on La Z's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in La Z Boy Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit881.7 M473.8 M
Gross Profit Margin 0.43  0.39 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 the analysis of La Z Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Household Durables space 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
(0.03)
Earnings Share
2.9
Revenue Per Share
48.399
Quarterly Revenue Growth
0.029
Return On Assets
0.0521
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.