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La-Z-Boy Incorporated Named to TIME's 2026 List of America's Most Iconic Companies

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MONROE, Mich., Jan. 13, 2026 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader ...

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AI Summary

La-Z-Boy has been recognized by TIME magazine as one of America's Most Iconic Companies, showcasing its cultural influence and resilience. This acknowledgment, along with the company's significant growth rate and upcoming centennial celebrations, positions it favorably for long-term brand equity and investor appeal.

Sentiment Rationale

The iconic recognition may drive increased consumer interest and sales, reminiscent of past spikes following major awards or brand recognitions, such as when leading brands saw upward trends after similar acknowledgments.

Trading Thesis

Consider buying LZB to capitalize on its iconic status and growth trajectory in the next 12-18 months.

Market-Moving

  • Recognition could enhance brand loyalty and drive consumer sales.
  • Increased visibility may attract institutional investors looking for stable stocks.
  • Upcoming centennial could lead to promotional campaigns boosting sales.
  • Strategic partnerships may expand market reach, improving revenue growth.

Key Facts

  • La-Z-Boy named one of America's Most Iconic Companies for 2026.
  • Recognition highlights the brand's cultural influence and longevity.
  • The company has grown over twice the market rate in five years.
  • La-Z-Boy operates 370 stores and eight manufacturing facilities.
  • Celebrating centennial in 2027 with enriched consumer engagement plans.

Companies Mentioned

  • Rooms to Go (N/A): Key strategic partner enhancing La-Z-Boy's retail presence.
  • Joybird (N/A): Omnichannel brand boosting La-Z-Boy's market share and innovation.

Corporate Developments

This news fits under Corporate Developments as it highlights La-Z-Boy's brand recognition and strategic positioning in the industry, reflecting its historical impact and future potential for growth in the competitive furniture market.

La-Z-Boy Incorporated Recognized as One of America’s Most Iconic Companies for 2026

MONROE, Mich., Jan. 13, 2026 (GLOBE NEWSWIRE) – La-Z-Boy Incorporated (NYSE: LZB), a leader in the retail and manufacture of residential furniture, has been celebrated by TIME magazine as one of America’s Most Iconic Companies for the year 2026. This inaugural list highlights 250 companies that have significantly influenced American history through their longevity and cultural impact.

Overview of the Recognition

TIME, in partnership with Statista, evaluated various companies based on several criteria including performance, cultural influence, emotional connectivity, resilience, and what it means to be "American." As the United States gears up for its 250th anniversary, this list showcases organizations that represent a true iconic presence across the nation.

“For nearly 100 years, La-Z-Boy Incorporated has been synonymous with its iconic brand of American heritage, comfort, and quality,” stated Melinda Whittington, La-Z-Boy’s Board Chair, President, and CEO. “This recognition underscores our enduring impact and legacy of innovation, honoring our dedicated employees who bring our brand to life.”

Company Background and Operations

Founded in 1927, La-Z-Boy Incorporated functions as a vertically integrated company that manages all facets of its business—from retail and manufacturing to design, distribution, and after-service care. With a robust retail network consisting of 370 La-Z-Boy stores and strategic alliances with national brands like Rooms to Go and Slumberland, the company remains a prominent player in the furniture industry.

  • Founded: 1927
  • Stores: 370
  • Manufacturing Facilities: 8 globally, with 5 in the U.S.
  • Product Manufacturing: Approximately 90% in North America

Sustainable Growth and Future Outlook

La-Z-Boy Incorporated has experienced significant growth, achieving a rate more than twice that of the market over the last five years. This growth is attributable to strategic initiatives such as the consumer-led innovation of the Long Live the Lazy campaign and a refreshed brand identity, which together have expanded the La-Z-Boy store network.

Whittington added, “Being named to America’s Most Iconic Companies list reflects the lasting connection generations of families have with La-Z-Boy. As we approach our centennial, we remain committed to transforming homes and enhancing the consumer experience.”

Looking Ahead

As La-Z-Boy prepares to celebrate its 100th anniversary in 2027, the company plans a series of storytelling-driven initiatives aimed at engaging consumers, employees, and partners while honoring its rich heritage.

About La-Z-Boy Incorporated

La-Z-Boy Incorporated (NYSE: LZB) is a leading manufacturer and retailer of high-quality, custom furniture designed to enhance homes. With a history rooted in American craftsmanship, the La-Z-Boy brand is known for its comfort and quality. The company's operations include managing everything from retail to manufacturing and distribution, ensuring a high standard in its products.

In addition to La-Z-Boy stores, the company also operates a digital platform at La-Z-Boy.com and its Joybird® brand, known for modern and custom upholstered furniture.

For further information, please contact:

Mark Becks, Investor Relations, (734) 457-9538; Mark.Becks@la-z-boy.com

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