La-Z-Boy Incorporated Opens Newly Renovated Showroom at High Point Market

Showcases new visual elements and product offerings aimed to deliver the transformational power of comfort across all generations

Demonstrates continued Century Vision progress, and reinforces company’s commitment to the industry

La-Z-Boy Incorporated, a global leader in the manufacture and retail of residential furniture, has opened its newly renovated showroom at High Point Market in Furniture Plaza, High Point, North Carolina.

The remodeled, nearly 70,000 square-foot space, features new visual elements and product offerings aimed at delivering La-Z-Boy’s transformational power of comfort across all generations. The investment demonstrates the company’s commitment to the industry and continued progress in the execution of its Century Vision strategy.

“The showroom brings to life our Century Vision, as we near the end of our company’s first century and prepare for the next, leveraging our iconic La-Z-Boy brand, differentiated product portfolio, and strong consumer insights to reach new consumers and better serve all stakeholders,” said Melinda D. Whittington, President and Chief Executive Officer. “It is enabled by the financial stability of La-Z-Boy Incorporated, despite the ongoing challenging industry and macroeconomic conditions.”

“Uniting our iconic past with our limitless future, the showroom highlights the strength of our iconic La-Z-Boy brand and incredible product offerings,” said Rob Sundy, President, La-Z-Boy Brand and Chief Commercial Officer. With distinctive visual elements, new products, and the introduction of a reimagined brand experience, we are further positioning La-Z-Boy as an inspiring brand prepared to embrace the next century.”

In February of 2024, La-Z-Boy Incorporated announced that it was investing in major renovations of its showrooms in High Point, North Carolina, including showrooms for the La-Z-Boy brand, La-Z-Boy International, and England Furniture. The High Point showroom renovations were completed in close collaboration with ANDMORE, RPM Partners, and in conjunction with architectural and design partners and vendors.

About La-Z-Boy

La-Z-Boy Incorporated is a global leader in the manufacture and retail of residential furniture, marketing furniture for every room of the home. The Wholesale segment includes La-Z-Boy, England, American Drew^®, Hammary^®, Kincaid^® and the company’s international wholesale and manufacturing businesses. The company-owned Retail segment includes 184 of the 353 La-Z-Boy Furniture Galleries^® stores. The Corporate and Other segment includes Joybird, an e-commerce retailer and manufacturer of upholstered furniture that also has 12 stores in the U.S. The corporation’s branded distribution network is dedicated to selling La-Z-Boy Incorporated products and brands, and includes 353 stand-alone La-Z-Boy Furniture Galleries^® stores and over 500 independent Comfort Studio^® locations, in addition to in-store gallery programs for the company’s Kincaid and England operating units. Additional information is available at https://www.la-z-boy.com/.

Contact:

Mark Becks, CFA – Investor Relations Contact – mark.becks@la-z-boy.com

Source: La-Z-Boy Incorporated