HIGHBuilt-inGeographic
90%
U.S.-manufactured upholstered units
“10-K Item 1: 'approximately 90% of the upholstered units sold in North America were produced in the United States'”
LZB · Concentration risk · 10-K extracted
La-Z-Boy (LZB) concentration risks
Updated
The most significant concentration La-Z-Boy discloses is U.S.-manufactured upholstered units at 90%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: La-Z-Boy’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH1
MEDIUM3
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
polyurethane foam suppliers (top-3)
“10-K Item 1: 'We purchase most of our polyurethane foam from three suppliers, which have several facilities across the United States'”
MEDIUMOutside partySupplier
cover fabric/leather suppliers
“10-K Item 1: 'We purchase cover from a variety of sources, but we rely on a limited number of major suppliers.'”
MEDIUMOutside partySupplier
Vietnam-sourced imported finished goods
“10-K Item 1: 'In fiscal 2026, we purchased over 90% of this imported product from Vietnam, with the vast majority coming from five major suppliers.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06La-Z-Boy's manufacturing footprint is heavily domestic: approximately 90% of upholstered units sold in North America were produced in the United States, a high-disclosed-size structural exposure that limits reliance on imported finished furniture but concentrates production risk domestically. On the input side, the company purchases most of its polyurethane foam from three suppliers and relies on a limited number of major suppliers for cover fabric and leather — both medium-sized dependency exposures tied to a small supplier base rather than to a single name. The remaining imported product is itself concentrated: in fiscal 2026, over 90% of imported finished goods came from Vietnam, with the vast majority sourced from five major suppliers, another medium-sized dependency layered on top of the smaller non-U.S. production base. Taken together, these exposures are complementary rather than compounding — the dominant U.S. manufacturing base is the structural backbone of the business, while the foam, fabric/leather, and Vietnam-sourced supplier concentrations are dependency risks that could pressure input costs or availability if any one relationship were disrupted. No single exposure here dominates the others enough to be the sole driver of a verdict change, but the cluster of supplier-side dependencies across foam, cover materials, and Vietnam sourcing is worth watching together.
For the engine’s reasoning on LZB’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Furnishings, Fixtures & Appliances
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ALH | Alliance Laundry Holdings Inc. | 2 | 0 | 0 | 2 |
| LEG | Leggett & Platt, Incorporated | 1 | 3 | 0 | 4 |
| LZB● | La-Z-Boy Incorporated | 1 | 3 | 0 | 4 |
| MBC | MasterBrand, Inc. | 0 | 2 | 2 | 4 |
| ETD | Ethan Allen Interiors Inc. | 0 | 1 | 1 | 2 |
| HNI | HNI Corporation | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.