MONROE, Mich.—La-Z-Boy has confirmed plans to wind down two of the core case goods lines in its portfolio.
It also announced that it will shutter a U.K.-based upholstery operation in a move that will impact its Kincaid and American Drew case goods and Kincaid upholstery.
In its second quarter 2026 earnings report, CEO Melinda D. Whittington explained the move in terms of the company’s long-term outlook and optimization.
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“We are proactively taking steps to optimize our portfolio,” Whittington said. “We have announced plans to exit our non-core wholesale case goods and upholstery businesses in the back half of the fiscal year, announced the proposed closure of our U.K. manufacturing facility, and strategically realigned our commercial leadership and corporate staffing to enhance operating efficiency.”
Alongside the shift away from the case goods lines, La-Z-Boy said it continues to lean into domestic manufacturing as it navigates tariff headwinds.
“On top of this, leveraging our North American manufacturing base with ~90% of finished goods produced in the U.S., we are successfully navigating the current trade and tariff volatility. Our iconic brand, well-positioned manufacturing base, strong balance sheet and talented team provide the foundation for continued growth and margin expansion.”
The company projects that the move will reduce sales by approximately $30 million, net, and increase margins by 75-100 bps.
