Consumer Insights Shape La-Z-Boy's Latest Innovations, Including The New PowerLift Chair Collection And AudioLuxe

Key Highlights:

• Consumer insights are driving an expanded La-Z-Boy assortment of PowerLift recliners with four new styles offering enhanced comfort, functionality, and weight capacity
• New opening-price-point seating, space-conscious motion furniture, sectionals and occasional tables extend the brand across more rooms, homes and life stages
• La-Z-Boy AudioLuxe premium audio furniture line featuring Sound by Klipsch™ now available in select stores

MONROE, Mich., Oct. 21, 2026 /PRNewswire/ -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, introduced a broad range of new products at the October 2026 High Point Market. The new introductions are informed by consumer and market insights and grounded in the brand's core benefits of comfort, quality, and customization. Together, they bring function, value, and style to life across the entire assortment. The new October introductions will be available in La-Z-Boy stores beginning in early 2027.

The introductions broaden La-Z-Boy's brand reach across a wider range of consumers, with accessible opening price points that preserve the comfort, quality, and customization the brand is known for. The enhanced functionality creates trade-up options to premium innovation for consumers seeking additional support and convenience. New styles are designed for different types of homes and life stages, from compact spaces and first homes to primary living rooms and long-term comfort needs.

"We are gaining deeper insights into our consumers, who are actively seeking the unmatched comfort of La-Z-Boy products," said Nelly Martínez Garza, Sr. Director of Product Design and Pricing. "To become the brand of choice at every life stage, we are expanding both our reach and product assortment. Delivering best-in-class comfort allows us to serve a wider audience while remaining deeply rooted in our heritage."

The October High Point Market product introductions give consumers and customers more ways to create cohesive rooms while balancing comfort, functionality, and style. This continued focus on product development rooted in consumer insights supports the Century Vision strategy by expanding the reach and relevance of the La-Z-Boy brand across all channels.

Adding breadth to the PowerLift chair lineup
As one of the largest lift chair manufacturers and retailers in the country, La-Z-Boy is building on its position in the category with an expanded assortment designed to meet distinct consumer needs. The hero collection of PowerLift recliners creates a complete assortment across modern and classic aesthetics, scale, and price. New introductions offer zero gravity functionality, triple articulation (headrest, lumbar support, and footrest), a redesigned wired remote, and a variety of sizes. iClean^® Plus, an exclusive, high-performance stain-resistant fabric technology with an added moisture barrier, is also available as a customization option. The full assortment gives consumers and customers a clear step-up story built around comfort, value, and functionality, with meaningful choice across styles, features, and price points.

Fresh choices in recliners, motion, and stationary seating
The company has added more depth to its opening-price-point line to delight and inspire aspirational La-Z-Boy consumers while delivering compelling value and retaining the comfort and quality for which the brand is known. These products expand access to the La-Z-Boy brand with fresh silhouettes and classic comfort. The motion furniture introduction also responds to changing needs and preferences for cleaner tailoring and space-conscious profiles without sacrificing a full-size seating experience.

AudioLuxe brings premium audio to La-Z-Boy comfort
La-Z-Boy AudioLuxe the company's new premium audio furniture line featuring Sound by Klipsch, is now arriving in select La-Z-Boy stores. Similar to the new PowerLift lineup, it was designed using consumer-led insights. AudioLuxe pairs La-Z-Boy's signature customizable comfort with integrated premium audio, including speakers and subwoofers built directly into recliners and motion furniture. The result expands the La-Z-Boy assortment in an innovative new way, combining comfort and technology for today's home.

About La-Z-Boy:
La-Z-Boy Incorporated (NYSE: LZB) is a leading vertically integrated retailer and manufacturer of high-quality, custom furniture that transforms the home. Founded on American heritage, the iconic La-Z-Boy brand has been synonymous with comfort, quality, and craftsmanship for 100 years. As an end-to-end enterprise, the company manages every aspect of its business--from retail, manufacturing, and design to distribution and after-service care.

La-Z-Boy Incorporated brings timeless and modern furniture to life through a retail network of approximately 380 La-Z-Boy stores, including 237 company-owned locations, and its digital platform at La-Z-Boy.com. Within the Wholesale segment, the company manufactures comfortable, high quality, custom furniture, with over 95% of its products produced in North America. Its Joybird^® brand is an omnichannel retailer and manufacturer of modern, custom upholstered furniture, operating 19 U.S. stores. With a global team of about 10,000 employees, La-Z-Boy Incorporated was named to TIME's 2026 list of America's Most Iconic Companies and Newsweek's 2025 list of America's Best Retailers, ranking No. 1 in the furniture category. The company continues to shape the way people live by delivering the transformational power of comfort.

Cautionary Note Regarding Forward-Looking Statements:
This news release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Generally, forward-looking statements include information concerning expectations, projections or trends relating to our results of operations, financial results, financial condition, strategic initiatives and plans, acquisitions, divestitures, expenses, dividends, share repurchases, liquidity, use of cash and cash requirements, borrowing capacity, investments, future economic performance, and our business and industry.

The forward-looking statements in this press release are based on certain assumptions and currently available information and are subject to various risks and uncertainties, many of which are unforeseeable and beyond our control. Additional risks and uncertainties that we do not presently know about or that we currently consider to be immaterial may also affect our business operations and financial results. Our actual future results and trends may differ materially depending on a variety of factors, including, but not limited to, the risks and uncertainties discussed in our Fiscal 2026 Annual Report on Form 10-K and other factors identified in our reports filed with the Securities and Exchange Commission (the "SEC"), available on the SEC's website at www.sec.gov. Given these risks and uncertainties, you should not rely on forward-looking statements as a prediction of actual results. We are including this cautionary note to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason.

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SOURCE La-Z-Boy Incorporated