{
 "company": "La-Z-Boy Incorporated",
 "ticker": "LZB",
 "sector": "Furnishings, Fixtures & Appliances",
 "asOf": {
  "date": "2026-07",
  "label": "July 2026"
 },
 "fiscalYearEnd": null,
 "revenueUsdM": 2126.6,
 "normalizedSga": {
  "pctRevenue": 29.54,
  "peerCount": 8,
  "peerMedianPctRevenue": 47.5,
  "peerLeanQuartilePctRevenue": 29.1,
  "peers": [
   {
    "ticker": "BSET",
    "name": "Bassett Furniture Industries, Incorporated",
    "normalizedSgaPctRevenue": 50.73
   },
   {
    "ticker": "ETD",
    "name": "Ethan Allen Interiors Inc.",
    "normalizedSgaPctRevenue": 47.53
   },
   {
    "ticker": "HVT",
    "name": "Haverty Furniture Companies, Inc.",
    "normalizedSgaPctRevenue": 52.15
   },
   {
    "ticker": "HOFT",
    "name": "Hooker Furnishings Corporation",
    "normalizedSgaPctRevenue": 32.01
   },
   {
    "ticker": "ARHS",
    "name": "Arhaus, Inc.",
    "normalizedSgaPctRevenue": 29.13
   },
   {
    "ticker": "WSM",
    "name": "Williams-Sonoma, Inc.",
    "normalizedSgaPctRevenue": 20.94
   },
   {
    "ticker": "RH",
    "name": "Rh",
    "normalizedSgaPctRevenue": 125.86
   }
  ],
  "definition": "Reported SG&A less the disclosed lines that distort comparison: advertising, R&D, pension, stock-based compensation, restructuring and one-time items, plus logistics reclassed where filers park it in SG&A."
 },
 "disclosedLines": [
  {
   "key": "advertising",
   "label": "Advertising",
   "pctRevenue": 6.97,
   "companiesDisclosing": 8,
   "peersDisclosing": [
    {
     "ticker": "BSET",
     "pctRevenue": 3.07
    },
    {
     "ticker": "ETD",
     "pctRevenue": 2.88
    },
    {
     "ticker": "HVT",
     "pctRevenue": 5.73
    },
    {
     "ticker": "HOFT",
     "pctRevenue": 0.92
    },
    {
     "ticker": "ARHS",
     "pctRevenue": 3.31
    },
    {
     "ticker": "WSM",
     "pctRevenue": 7.08
    },
    {
     "ticker": "RH",
     "pctRevenue": 13.05
    }
   ],
   "note": "Behind only RH and WSM. A brand-investment choice; advertising sits outside the normalized SG&A line, so it does not explain the Exhibit 2 gap."
  },
  {
   "key": "research_dev",
   "label": "R&D",
   "pctRevenue": 0.51,
   "companiesDisclosing": 1,
   "peersDisclosing": [],
   "note": "R&D in this cohort is product engineering and varies by design. Not where the overhead question lives."
  },
  {
   "key": "stock_comp",
   "label": "Stock-based comp",
   "pctRevenue": 0.74,
   "companiesDisclosing": 7,
   "peersDisclosing": [
    {
     "ticker": "ETD",
     "pctRevenue": 0.24
    },
    {
     "ticker": "HVT",
     "pctRevenue": 0.96
    },
    {
     "ticker": "HOFT",
     "pctRevenue": 0.41
    },
    {
     "ticker": "ARHS",
     "pctRevenue": 0.67
    },
    {
     "ticker": "WSM",
     "pctRevenue": 1.36
    },
    {
     "ticker": "RH",
     "pctRevenue": 5.4
    }
   ],
   "note": "Right at the peer median. Not distorting the overhead picture."
  },
  {
   "key": "restructuring",
   "label": "Restructuring",
   "pctRevenue": 0.0,
   "companiesDisclosing": 8,
   "peersDisclosing": [
    {
     "ticker": "BSET",
     "pctRevenue": 0.0
    },
    {
     "ticker": "ETD",
     "pctRevenue": 0.05
    },
    {
     "ticker": "HVT",
     "pctRevenue": 0.0
    },
    {
     "ticker": "HOFT",
     "pctRevenue": 0.0
    },
    {
     "ticker": "ARHS",
     "pctRevenue": 0.0
    },
    {
     "ticker": "WSM",
     "pctRevenue": 0.0
    },
    {
     "ticker": "RH",
     "pctRevenue": 0.15
    }
   ],
   "note": "No filed restructuring charges for the latest fiscal year; runs in line with the typical peer, counted wherever they sit on the P&L; one-time charges are stripped from the Exhibit 2 number either way."
  }
 ],
 "gapToPeers": null,
 "tsrBridge": [
  {
   "label": "1 year",
   "span": "FY2024 to FY2025",
   "companyTsrPct": 23,
   "peerTsrPct": -2,
   "driverPp": {
    "Revenue growth": -1.7,
    "Gross margin": 9.8,
    "SG&A": -23.4,
    "Multiple": 39.8,
    "Other": 0.2
   }
  },
  {
   "label": "3 years",
   "span": "FY2022 to FY2025",
   "companyTsrPct": 61,
   "peerTsrPct": 46,
   "driverPp": {
    "Revenue growth": 4.8,
    "Gross margin": 59.9,
    "SG&A": -7.7,
    "Multiple": -45.3,
    "Other": 3.5
   }
  },
  {
   "label": "5 years",
   "span": "FY2020 to FY2025",
   "companyTsrPct": 86,
   "peerTsrPct": 116,
   "driverPp": {
    "Revenue growth": 15.3,
    "Gross margin": -45.6,
    "SG&A": 18.3,
    "Multiple": 7.2,
    "Other": -25.8
   }
  },
  {
   "label": "10 years",
   "span": "FY2016 to FY2025",
   "companyTsrPct": 80,
   "peerTsrPct": 346,
   "driverPp": {
    "Revenue growth": 15,
    "Gross margin": -81.6,
    "SG&A": 2.4,
    "Multiple": -87.8,
    "Other": -114.1
   }
  }
 ],
 "recentQuarter": null,
 "sources": [
  "10-K and 10-Q filings (US GAAP)",
  "XBRL company facts",
  "earnings releases"
 ],
 "urls": {
  "briefing": "https://sgabenchmarking.com/r/LZB",
  "json": "https://sgabenchmarking.com/r/LZB.json",
  "industryBenchmarks": "https://sgabenchmarking.com/catalog.json"
 },
 "publisher": "SG&A Benchmarking, https://sgabenchmarking.com"
}
