La-z-boy incorporated to acquire la-z-boy furniture galleries® stores in southeast region; 15-store acquisition brings company-owned count to 220, 60% of total network

Key highlights: significant acquisition of 15-store network in ga, fl, and tn with ~$80 million in annual sales, expected to close in late october adds designated market areas (dmas) that will enable further new store growth in highly desirable southeast region largest independently owned la-z-boy furniture galleries® acquisition in la-z-boy incorporated history separately, la-z-boy incorporated updates fiscal first quarter sales and adjusted operating margin outlook (1) monroe, mich., july 14, 2025 (globe newswire) -- la-z-boy incorporated (nyse: lzb), a global leader in the retail and manufacture of residential furniture, today announced the signing of an asset purchase agreement to acquire a la-z-boy furniture galleries® store network in the southeast region of the united states from atlanta furniture galleries, llc, owned by tom and amy degoey.
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