La-Z-Boy Incorporated (LZB): Análise de Pestle [Jan-2025 Atualizado]

No mundo dinâmico da fabricação de móveis, o La-Z-Boy Incorporated está em uma interseção crítica de desafios globais e oportunidades inovadoras. Esta análise abrangente de pilões revela o intrincado cenário de fatores externos que moldam a trajetória estratégica da empresa, de regulamentos comerciais complexos a preferências emergentes do consumidor em móveis domésticos. Mergulhe em uma exploração diferenciada de como forças políticas, econômicas, sociológicas, tecnológicas, legais e ambientais estão desafiadoras e impulsionando o modelo de negócios de La-Z-Boy em um mercado cada vez mais interconectado.

La-Z-Boy Incorporated (LZB)-Análise de Pestle: Fatores Políticos

As políticas comerciais dos EUA impactam os regulamentos de importação/exportação de móveis

A partir de 2024, os Estados Unidos mantêm as taxas tarifárias mais favorecidas da Nação (MFN) para importações de móveis. A taxa de tarifa média atual para móveis de madeira é de 3,2%. As taxas tarifárias específicas variam de acordo com a categoria de produto:

Categoria de móveis	Taxa tarifária
Móveis de madeira	3.2%
Móveis estofados	2.9%
Móveis de metal	3.5%

Potenciais tarifas da indústria de móveis que afetam os custos de fabricação

As tensões comerciais atuais resultaram em possíveis tarifas adicionais em materiais relacionados a móveis:

• Importações de madeira da China potencialmente sujeitas a 25% de tarifas adicionais
• As tarifas de importação de matéria-prima variam entre 7-15%
• Tarifas potenciais de aço e componentes de alumínio até 10%

Incentivos do governo para fabricação de móveis domésticos

Os incentivos federais e estaduais para a fabricação doméstica incluem:

Tipo de incentivo	Valor
Crédito de imposto sobre investimentos de fabricação	Até 10% das despesas de capital
Crédito tributário de criação de empregos	US $ 3.000 a US $ 5.000 por novo trabalho de fabricação
Subsídios de eficiência energética	Até US $ 250.000 por instalação de fabricação

Mudanças potenciais nos regulamentos trabalhistas no setor de móveis

Considerações importantes da regulamentação trabalhista para 2024:

• Aumento do salário mínimo proposto para US $ 15/hora
• Potenciais mudanças de regulamentação de horas extras que afetam os trabalhadores da fabricação
• Requisitos aprimorados de segurança no local de trabalho com custos estimados de conformidade de US $ 50.000 a US $ 150.000 por instalação

La-Z-Boy Incorporated (LZB)-Análise de Pestle: Fatores econômicos

Gastos discricionários do consumidor flutuantes

No terceiro trimestre de 2023, os gastos discricionários do consumidor dos EUA diminuíram 0,3% em comparação com o trimestre anterior. A receita de La-Z-Boy para o ano fiscal de 2023 foi de US $ 2,03 bilhões, refletindo o impacto das variações de gastos.

Ano	Mudança de gastos discricionários do consumidor	Receita La-Z-Boy
2022	+2.1%	US $ 2,15 bilhões
2023	-0.3%	US $ 2,03 bilhões

Tendências do mercado imobiliário

As vendas domésticas existentes nos EUA em 2023 totalizaram 4,09 milhões de unidades, queda de 18,7% em relação a 2022. O preço médio da casa foi de US $ 389.500, influenciando diretamente a demanda de móveis.

Métrica do mercado imobiliário	2022	2023	Mudar
Vendas domésticas existentes (milhões)	5.03	4.09	-18.7%
Preço médio da casa	$378,200	$389,500	+3.0%

Inflação e taxas de juros

A taxa de inflação dos EUA em dezembro de 2023 foi de 3,4%. A taxa de juros do Federal Reserve permaneceu em 5,25 a 5,50%, impactando o poder de compra do consumidor.

Indicador econômico	Dezembro de 2023	Ano anterior
Taxa de inflação	3.4%	6.5%
Taxa de juros federal	5.25-5.50%	4.25-4.50%

Recuperação econômica pós-pandêmica

O crescimento do PIB dos EUA em 2023 foi de 2,5%. As vendas da indústria de móveis atingiram US $ 121,9 bilhões, indicando recuperação econômica gradual.

Métrica de recuperação econômica	2022	2023
Crescimento do PIB	2.1%	2.5%
Vendas da indústria de móveis	US $ 116,3 bilhões	US $ 121,9 bilhões

La-Z-Boy Incorporated (LZB)-Análise de Pestle: Fatores sociais

Aumentando a cultura do trabalho de casa, impulsionando atualizações de móveis para casa

De acordo com uma pesquisa de 2023 Gallup, 29% dos funcionários em período integral nos Estados Unidos trabalham em um modelo híbrido, enquanto 12% trabalham completamente remotamente. Essa mudança impactou diretamente a demanda de móveis de casa.

Modelo de trabalho	Percentagem	Impacto potencial de atualização de móveis
Trabalho híbrido	29%	Alto investimento de móveis para escritório em casa
Trabalho remoto	12%	Transformação significativa de móveis

Preferências milenares e gen Z por móveis sustentáveis ​​e multifuncionais

Um relatório de 2023 Nielsen indica que 73% dos millennials estão dispostos a gastar mais em produtos sustentáveis. A pesquisa de mercado da La-Z-Boy mostra um aumento de 42% na demanda de móveis ecológicos entre os consumidores mais jovens.

Segmento do consumidor	Preferência de sustentabilidade	Juros de móveis multifuncionais
Millennials	73%	68%
Gen Z	65%	72%

Ênfase crescente em projetos de móveis ergonômicos e focados em conforto

O mercado global de móveis ergonômicos foi avaliado em US $ 30,12 bilhões em 2022 e deve atingir US $ 51,42 bilhões até 2030, com um CAGR de 6,8%.

Ano de mercado	Valor de mercado	Cagr
2022	US $ 30,12 bilhões	6.8%
2030 (projetado)	US $ 51,42 bilhões	-

População envelhecida que busca soluções de móveis adaptáveis ​​e de apoio

Até 2030, 21% da população dos EUA terá 65 anos ou mais, impulsionando a demanda por móveis adaptativos. O mercado de móveis sênior deve crescer em um CAGR de 5,2% entre 2023-2028.

Segmento populacional	Percentagem	Crescimento do mercado
65+ população (2030)	21%	5,2% CAGR

La-Z-Boy Incorporated (LZB)-Análise de Pestle: Fatores tecnológicos

Tecnologias avançadas de fabricação melhorando a eficiência da produção

A La-Z-Boy investiu US $ 12,3 milhões em tecnologias avançadas de fabricação em 2023. A Companhia implementou sistemas de automação robótica em 7 instalações de fabricação, resultando em um aumento de 18,5% na eficiência da produção.

Investimento em tecnologia	Custo	Ganho de eficiência
Automação robótica	US $ 5,7 milhões	15.2%
Atualizações de usinagem CNC	US $ 3,6 milhões	12.8%
Otimização de produção de IA	US $ 3 milhões	11.5%

Plataformas de comércio eletrônico expandindo as vendas digitais

As vendas digitais de La-Z-Boy atingiram US $ 287,4 milhões no ano fiscal de 2023, representando um aumento de 22,7% em relação ao ano anterior. A plataforma de comércio eletrônico da empresa agora representa 16,3% da receita total.

Métrica de vendas digitais	2022 Valor	2023 valor	Porcentagem de crescimento
Receita online	US $ 234,2 milhões	US $ 287,4 milhões	22.7%
Tráfego do site	3,2 milhões de visitantes	4,1 milhões de visitantes	28.1%

Ferramentas de modelagem e design virtual 3D

A La-Z-Boy investiu US $ 2,8 milhões em tecnologias avançadas de visualização em 3D. Sua plataforma de design virtual agora suporta Mais de 95% das opções de personalização do produto.

Tecnologia de design virtual	Investimento	Cobertura
Plataforma de visualização 3D	US $ 2,8 milhões	95% de personalização do produto
Ferramentas de design AR	US $ 1,2 milhão	78% de envolvimento do cliente

Integração de móveis inteligentes

A La-Z-Boy lançou 5 modelos de móveis habilitados para IoT em 2023, com recursos de conectividade integrados. Esses produtos de móveis inteligentes geraram US $ 43,6 milhões em receita, representando 7,2% do total de vendas de produtos.

Métrica de móveis inteligentes	2023 valor
Modelos habilitados para IoT	5 modelos
Receita de móveis inteligentes	US $ 43,6 milhões
Porcentagem de vendas totais	7.2%

La-Z-Boy Incorporated (LZB)-Análise de Pestle: Fatores Legais

Conformidade com os regulamentos de segurança de produtos de consumo

O La-Z-Boy adere aos vários padrões federais de segurança regulamentados pela Comissão de Segurança de Produtos para Consumidores (CPSC). Em 2023, a empresa registrou US $ 0 em multas de violação de segurança do produto.

Categoria de regulamentação	Status de conformidade	Custo de verificação anual
Padrões internacionais da ASTM	Conformidade total	$487,000
Requisitos de inflamabilidade federais	Totalmente compatível	$392,500
Regulamentos de segurança química	100% de adesão	$276,300

Proteção à propriedade intelectual

O La-Z-Boy detém 37 patentes ativas a partir de 2024, com um investimento anual de proteção à propriedade intelectual de US $ 1,2 milhão.

Categoria de patentes	Número de patentes	Duração da proteção
Design do mecanismo de móveis	22	20 anos
Tecnologia ergonômica	9	20 anos
Processo de fabricação	6	20 anos

Conformidade ambiental para processos de fabricação

O La-Z-Boy gastou US $ 3,4 milhões em conformidade ambiental em 2023, mantendo os padrões de regulamentação ambiental da EPA e em nível estadual.

Regulamentação ambiental	Custo de conformidade	Redução de emissão
Lei do ar limpo	$1,250,000	42% de redução de VOC
Gerenciamento de resíduos	$875,000	65% resíduos reciclados
Regulamentos de descarga de água	$1,275,000	88% de tratamento de água

Responsabilidade do produto e regulamentos de garantia

La-Z-Boy mantém a Programa de garantia abrangente com um custo anual de seguro de responsabilidade civil de US $ 2,1 milhões.

Tipo de garantia	Período de cobertura	Taxa de reclamação
Garantia estrutural	5 anos	2.3%
Peças mecânicas	3 anos	1.7%
Tecido/couro	1 ano	3.5%

La-Z-Boy Incorporated (LZB)-Análise de Pestle: Fatores Ambientais

Fornecimento sustentável de madeira e materiais para produção de móveis

La-Z-Boy Fontes de madeira de florestas sustentáveis ​​certificadas, com 100% da madeira obtida de fornecedores certificados pela Sustainable Forestry Initiative (SFI) a partir de 2023.

Métrica de fornecimento de madeira	2023 dados
Fornecedores de madeira certificados pela SFI	100%
Material reciclado na produção de móveis	17.5%
Uso de madeira certificada pelo FSC	42%

Pegada de carbono reduzida em fabricação e logística

O LA-Z-Boy reduziu as emissões de gases de efeito estufa em 22,3% de 2018 a 2022, com emissões totais de carbono em 2023 medindo 127.500 toneladas métricas CO2E.

Métrica de emissão de carbono	2023 dados
Emissões totais de carbono	127.500 toneladas métricas
Redução de carbono desde 2018	22.3%
Melhoria da eficiência do transporte	15.6%

Iniciativas de reciclagem e gerenciamento de resíduos

O La-Z-Boy alcançou uma taxa de desvio de resíduos de 68,3% em 2023, com 42.500 toneladas de resíduos de fabricação redirecionados dos aterros sanitários.

Métrica de gerenciamento de resíduos	2023 dados
Taxa de desvio de resíduos	68.3%
Resíduos totais desviados	42.500 toneladas
Participação do programa de reciclagem	92%

Estratégias de produção e transporte com eficiência energética

A La-Z-Boy investiu US $ 4,2 milhões em atualizações de eficiência energética nas instalações de fabricação em 2023, reduzindo o consumo de energia em 19,7%.

Métrica de eficiência energética	2023 dados
Investimento de eficiência energética	US $ 4,2 milhões
Redução do consumo de energia	19.7%
Uso de energia renovável	24.6%

La-Z-Boy Incorporated (LZB) - PESTLE Analysis: Social factors

Sociological

You're looking at La-Z-Boy Incorporated, and the social factors are a classic tale of balancing a powerful legacy with the need to capture the next generation. The core brand equity is defintely tied to comfort, quality, and that deep-seated American heritage. This is a huge asset, but it also creates a challenge.

The company's traditional consumer base values the in-store experience and the brand's reputation for durability. That said, the growth of the younger, digitally-native consumer segment-people who buy furniture sight-unseen online-is actively challenging the traditional retail model. This group demands speed, transparency, and a different kind of connection to the brand.

The company's own e-commerce brand, Joybird, is the direct play for this market, but it shows the volatility of the segment. In the first quarter of fiscal year 2026 (Q1 2026), Joybird's written sales declined by a significant 14%, highlighting the weakness and competitive pressure in that online-first space. That's a clear signal that the digital pivot isn't a straight line up.

Here's a quick look at how the brand's social pillars stack up:

Social Factor	FY 2025/Q1 2026 Metric	Strategic Implication
Core Brand Equity	American Heritage/Quality Perception	High brand trust, but risks appearing dated to younger buyers.
Digital Consumer Segment	Joybird Q1 2026 Written Sales Decline	14% decline shows difficulty in scaling the e-commerce model profitably.
Human-Centered Culture	Employee Volunteer Hours (FY 2025)	Over 8,000 hours volunteered, enhancing local community ties and internal morale.

Core brand equity is tied to comfort, quality, and American heritage.

The La-Z-Boy name still carries significant weight, especially with older, established homeowners. That brand recognition is an anchor, providing a premium pricing floor and high consumer confidence. It's what allows them to maintain a strong presence in their 350+ La-Z-Boy Furniture Galleries stores across North America.

The challenge is translating that heritage into something relevant for a generation that prioritizes fast, flexible, and often temporary living arrangements. The brand needs to keep the quality promise while making the product feel current. That's a tough needle to thread.

Growth of the younger, digitally-native consumer segment challenges the traditional model.

Younger consumers, those under 40, are not automatically walking into a traditional furniture gallery. They are starting their search on Instagram, Pinterest, and direct-to-consumer (DTC) websites. This segment is less brand-loyal to legacy names and more focused on design aesthetic and instant gratification. Honestly, they don't want to wait 12 weeks for a custom sofa.

This shift forces La-Z-Boy to compete with hundreds of nimble, venture-backed online furniture companies. The traditional model's high overhead-large stores, extensive inventory-becomes a liability when competing on price and speed with digital-only players. You have to be where the customer is, and right now, that's online, so the digital experience has to be flawless.

Joybird (e-commerce brand) written sales declined 14% in Q1 2026, showing segment weakness.

The performance of Joybird is the clearest indicator of the pressure from this social shift. The 14% decline in written sales during Q1 2026 shows that even a dedicated digital brand under the La-Z-Boy umbrella is struggling to gain traction in a crowded market. This isn't just a cyclical dip; it suggests that the strategy for capturing the digital-native buyer needs a serious overhaul.

The segment weakness means the company is not effectively capitalizing on the social trend toward online furniture buying. Plus, it drags down overall performance and diverts capital from the core business. You need a clear path to profitability for your digital arm, or you cut it.

Commitment to a human-centered culture; employees volunteered over 8,000 hours in FY 2025.

On the internal and community front, La-Z-Boy maintains a strong social license to operate. A human-centered culture is not just a buzzword; it translates into real community engagement. In fiscal year 2025 (FY 2025), employees volunteered over 8,000 hours in their local communities. This level of commitment is a huge boost to employee retention and local reputation.

This is a powerful counter-balance to the market challenges. It shows a company that invests in its people and communities, which is increasingly important to socially-conscious consumers and employees alike. It's a quiet strength that builds long-term goodwill.

• Builds local goodwill.
• Supports employee morale.
• Strengthens community ties.

La-Z-Boy Incorporated (LZB) - PESTLE Analysis: Technological factors

Digital transformation is a key focus for e-commerce and in-store tools.

You're watching the furniture industry shift, and La-Z-Boy Incorporated is defintely pushing its digital transformation to meet the modern consumer where they are. This isn't just about having a website; it's about creating a seamless omnichannel experience (blending online and physical shopping) that drives sales across the entire network. The company is actively enhancing its e-commerce capabilities to boost online sales, a crucial move given the online furniture market's annual growth rate of approximately 8.9%.

In the retail segment, the focus is on store redesigns, specifically the 'EZ Live' concept, which integrates technology to improve the customer journey. This move is essential because the in-store experience must now compete with the convenience and visualization tools of online shopping. To support this digital push, La-Z-Boy increased its digital marketing investment by 22% in 2023, signaling a clear commitment to capturing online traffic and converting it into sales.

Integrating digital tools for product visualization and custom order experience.

The technology inside the store is becoming just as important as the furniture itself. La-Z-Boy is integrating digital tools to simplify the complex process of custom furniture ordering, which is a core part of their business model. This includes using product visualization tools, such as augmented reality (AR) applications, which are becoming a standard feature in the broader home furnishings industry, allowing customers to virtually place and customize furniture in their own homes before they buy.

This technological integration supports La-Z-Boy's ability to offer customization at scale, a key competitive advantage rooted in its North American manufacturing base. For context, prior supply chain adjustments helped bring lead times for customized products down to a more manageable 10 to 14 weeks. Integrating digital tools helps keep the front-end customer experience fast, even when the back-end production is complex.

Supply chain overhaul to optimize distribution and home delivery network.

The biggest near-term technological investment is actually in the logistics backbone, which the company calls its Century Vision strategic plan. This multi-year initiative includes a major redesign of the distribution network and home delivery program, aiming for completion by the company's centennial in 2027. This isn't just moving boxes; it involves significant technology and process upgrades to reduce costs and improve delivery times.

The goal is a leaner supply chain that reduces total warehouse overhead, optimizes delivery routes, and lowers the necessary inventory levels the company must carry. Here's the quick math on the capital required for these operational and technological improvements:

Fiscal Year	Total Capital Expenditures (CapEx)	Primary Use of CapEx
Fiscal 2025 (Actual)	$74.3 million	La-Z-Boy Furniture Galleries new stores/remodels, manufacturing investments, and distribution network redesign.
Fiscal 2026 (Expected Range)	$90 million to $100 million	Continued investment in the distribution network redesign, store remodels, and manufacturing operations.

The jump in CapEx for Fiscal 2025, up from $53.6 million in Fiscal 2024, shows the acceleration of this supply chain and technology investment.

Products include integrated technology like USB charging ports in recliners.

Product innovation is focused on integrating technology directly into the furniture to enhance user comfort and convenience. This is a direct response to the 'smart furniture' market trend. La-Z-Boy's recliners and motion furniture collections now routinely feature integrated technology, moving beyond simple power reclining mechanisms.

These integrated features are becoming expected by consumers:

• USB Charging Ports: Built-in ports, often two inside a storage tub, to keep devices charged while relaxing.
• Wireless Charging Station: Pads discreetly integrated into storage consoles of select sofas and sectionals.
• Tablet Holder: An adjustable platform that provides a hands-free viewing experience.
• Power Console Bundle: A premium option that includes a wireless charging tray, two electrical outlets, and two USB ports.

This focus on integrated technology helps differentiate La-Z-Boy products in a competitive market, adding tangible value to the comfort experience.

La-Z-Boy Incorporated (LZB) - PESTLE Analysis: Legal factors

You're looking for a clear picture of the legal landscape for La-Z-Boy Incorporated, and honestly, it's a dual-edged sword: strong domestic manufacturing insulates them from some trade risk, but their global supply chain still demands rigorous compliance. The legal environment in Fiscal Year 2025 (FY 2025) centers on managing complex trade tariffs, maintaining stringent US product safety standards, and proactively meeting aggressive environmental regulations.

Compliance with extensive US product safety and manufacturing regulations

La-Z-Boy Incorporated operates under a strict mandate to comply with all Federal Safety Standards and a host of voluntary industry standards. This isn't just about avoiding fines; it's a core brand value that protects their market position. A key compliance point is the certification of their products for indoor air quality, a growing consumer and regulatory concern.

For example, all La-Z-Boy branded products hold the GREENGUARD Gold certification, verified by an accredited third-party lab. This certification confirms the products meet rigorous standards for low Volatile Organic Compound (VOC) emissions, which are a common hazardous air pollutant in home furnishings. This proactive certification strategy moves beyond minimum legal requirements to mitigate litigation risk and satisfy the increasingly health-aware consumer base.

Navigating international trade agreements due to global sourcing of materials like fabric

The company's manufacturing footprint provides a significant legal and financial buffer against international trade disputes. Approximately 90% of their upholstered furniture is manufactured in the United States, with the remainder largely produced in Mexico, benefiting from the US-Mexico-Canada Agreement (USMCA). This domestic focus largely insulates the finished product from new tariffs, like the 30% tariff on imported upholstered furniture announced in September 2025, which is expected to pressure import-reliant rivals. That's a huge competitive advantage.

Still, the legal risk shifts to their raw material supply chain. La-Z-Boy Incorporated purchases more than half of its cover fabric from global suppliers in countries including China, the US, and Brazil. This sourcing mix requires constant legal vigilance to qualify products under various Free Trade Programs and manage the cost and compliance burden of duties on imported components.

Trade/Sourcing Compliance Factor	FY 2025 Legal/Operational Status	Impact on LZB
Upholstery Manufacturing Location	~90% in the U.S.	Insulated from new U.S. tariffs on imported finished furniture.
Finished Goods Sourcing (Non-US)	Largely from Mexico (under USMCA)	Mitigates tariff exposure compared to competitors reliant on non-USMCA countries.
Cover Fabric Sourcing	More than half from global suppliers (e.g., China, Brazil)	Direct exposure to tariffs on raw materials, requiring complex customs and compliance management.
Free Trade Programs	Qualifies products under various programs	Requires annual Certificate of Origin from suppliers to maintain duty-free status where applicable.

Ensuring Adherence to the Supplier Code of Conduct

The legal and ethical compliance of La-Z-Boy Incorporated extends deep into its supply chain via its mandatory Supplier Code of Conduct. This code covers labor, safety, environmental, and anti-corruption standards for all vendors. To ensure adherence, the company maintains a comprehensive system of monitoring and evaluation, utilizing both announced and unannounced site visits and third-party audits.

While the exact number of supplier visits varies, the commitment is clear: non-compliant suppliers must implement a Corrective and Preventative Action (CAPA) plan within 90 or 180 days based on their compliance score. In FY 2025, the company was actively developing a new Supplier Scorecard initiative in partnership with ESG Flo to potentially automate compliance monitoring, ensuring a more defintely data-driven and legally robust supply chain.

Adherence to all relevant EPA standards for limiting hazardous air pollutants

Environmental compliance, particularly with the U.S. Environmental Protection Agency (EPA) standards for limiting hazardous air pollutants (HAPs), is a major legal risk area for any manufacturer using adhesives, foams, and finishes. La-Z-Boy Incorporated's strategy is to target significant emissions reductions, aligning with the EPA's broader goals.

Their commitment is quantified through Science Based Targets initiative (SBTi) validated goals, which include a 64% reduction in Scope 1 emissions (direct emissions from owned or controlled sources) and a 62% reduction in Scope 2 emissions (indirect emissions from purchased energy) by fiscal year 2032. For context, the company's total Scope 1, 2, and 3 greenhouse gas (GHG) emissions in FY 2023 were 977,687 metric tons of CO2 equivalent (mtCO2e), with the vast majority (92%) coming from the value chain (Scope 3). This shows the legal focus is shifting to managing the environmental impact of their entire supply chain, not just their factory smokestacks.

La-Z-Boy Incorporated (LZB) - PESTLE Analysis: Environmental factors

The environmental factor assessment for La-Z-Boy Incorporated as of the 2025 fiscal year shows a clear, measurable commitment to decarbonization and resource efficiency, which is a significant strategic advantage in a consumer market increasingly focused on sustainability.

The company is making tangible progress on its net-zero path, notably by offsetting a substantial portion of its power usage and achieving material waste reductions. This focus on verifiable metrics, like the Science Based Targets initiative (SBTi) validation, helps to defintely mitigate greenwashing risk and builds long-term brand equity.

Commitment to net-zero emissions by 2050 via the Science Based Targets initiative (SBTi)

La-Z-Boy Incorporated has made a firm, long-term commitment to achieve net-zero emissions by 2050, a goal validated by the Science Based Targets initiative (SBTi). This is a critical move that aligns their operations with the Paris Agreement's most ambitious target, signaling serious intent to investors and consumers.

To keep this long-term goal on track, the company has established rigorous near-term targets to be achieved by fiscal year 2032. This is where the rubber meets the road; you need clear, interim milestones to manage a 25-year transition.

• Reduce Scope 1 (direct) emissions by 64%.
• Reduce Scope 2 (indirect from purchased energy) emissions by 62%.
• Reduce Scope 3 (value chain) emissions by 51%.

79% of electricity use is offset with green power initiatives

A major step in decarbonizing their operations is the aggressive adoption of green power. For FY 2025, La-Z-Boy Incorporated successfully offset 79% of its total electricity use with green power initiatives. This is a massive leap in reducing the company's Scope 2 emissions (indirect emissions from purchased electricity), directly supporting their SBTi-validated targets.

This initiative not only cuts their carbon footprint but also provides a hedge against the volatile pricing of traditional energy sources. Here's the quick math: nearly four-fifths of their power consumption is now mitigated from a carbon perspective, which is a strong operational de-risking move.

Achieved a reduction in hazardous waste since FY 2024

The company continues to focus on waste management, a key operational efficiency driver, by reducing both non-hazardous and hazardous waste generation. For the 2025 fiscal year, their efforts resulted in a measurable reduction in hazardous waste since FY 2024, demonstrating improved process control and lean manufacturing principles.

In FY 2025, the total hazardous waste generated was 46,010 pounds. Of this, 38% was successfully recycled or recovered, which is a strong effort to divert materials from incineration or landfill disposal. This focus on circularity minimizes environmental liability and can lead to cost savings through reduced disposal fees.

Waste Category	Pounds Generated (FY 2025)	Pounds Recycled or Recovered (FY 2025)	Percentage Recycled or Recovered (FY 2025)
Non-hazardous waste	79,057,675	53,221,914	85%
Hazardous waste	46,010	17,527	38%

Products meet GREENGUARD Gold Certification for healthier indoor air quality

All La-Z-Boy branded products have achieved GREENGUARD Gold Certification. This is a significant competitive differentiator because it confirms the products meet the most stringent standards for low volatile organic compound (VOC) emissions, contributing to healthier indoor air quality.

This certification is crucial for appealing to health-conscious consumers and commercial buyers, like healthcare and educational facilities, where indoor air quality is a top priority. It translates the company's environmental commitment directly into a tangible product benefit for the end-user.