La-Z-Boy Incorporated
La-Z-Boy Incorporated (NYSE: LZB) is trading at $29.68, about ₹2,851 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.50% today. Indian residents can buy La-Z-Boy from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$29.48
Today's high
$29.92
52 week low
$28.92
52 week high
$44.90
LZB opened at $29.92, closed previously at $29.83, and has traded between $28.92 and $44.90 over the past 52 weeks.
About
La-Z-Boy Incorporated, a company founded in Monroe, Michigan, in 1927, is a leading entity in the furniture sector. Originally known as La-Z-Boy Chair Company, it adopted its current name in 1996. The corporation is engaged in the full spectrum of furniture operations, including the manufacturing, marketing, importing, exporting, distribution, and retail sales of upholstered furniture, casegoods, and accompanying accessories. Its market presence extends across the United States, Canada, and various international regions. The company's business model is structured into three main segments: Wholesale, Retail, and Corporate and Other. The Wholesale division is responsible for both producing and importing an extensive array of upholstered furniture items, such as recliners, motion sofas, loveseats, chairs, sectionals, modular units, ottomans, and sleeper sofas. Furthermore, it handles the importation, distribution, and sale of casegoods (wooden furniture), which encompass occasional pieces, bedroom suites, dining room sets, and entertainment centers. This segment supplies its diverse product line to various partners, including company-owned La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio and England Custom Comfort Center locations, along with independent dealers and other retailers. In contrast, the Retail segment focuses on direct-to-consumer sales, offering upholstered furniture, casegoods, and a variety of other home accessories. This is primarily achieved through its robust network of 161 company-owned La-Z-Boy Furniture Galleries stores. Lastly, the Corporate and Other segment manages the company's online sales channels, providing products directly through its website.
Key statistics
Avg. volume
651.66K
Market cap
$1.19B
P/E Ratio
14.89
Price-to-sales ratio
0.56
Enterprise value
$1.71B
Free cash flow yield
8.81%
Debt-to-equity ratio
0.53
Return on equity
9.71%
ROIC
5.63%
Beta
1.25
Dividend yield
3.26%
Last dividend
$0.97
Financial overview
Revenue
$2.13B
Earnings per share
$2.49
Free cash flow
$127.80M
Net profit margin
3.86%
Gross margin
44.36%
EBITDA
$201.51M
Revenue growth
0.83%
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This is not an investment recommendation
How to buy La-Z-Boy from India
Indian residents can buy La-Z-Boy shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for La-Z-Boy and place an order
Find La-Z-Boy by name or by its ticker, LZB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. La-Z-Boy trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your La-Z-Boy position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in La-Z-Boy from India
Trading and taxes when buying La-Z-Boy from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. La-Z-Boy’s current yield is 3.26%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy La-Z-Boy stock?
Yes. La-Z-Boy (LZB) has been listed on the New York Stock Exchange since 1973, in the Furnishings, Fixtures & Appliances industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one La-Z-Boy share cost in rupees?
One La-Z-Boy share is $29.68 — about ₹2,851 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the La-Z-Boy price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying La-Z-Boy from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of La-Z-Boy?
Yes. One La-Z-Boy share is $29.68, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in La-Z-Boy.
How are gains on La-Z-Boy shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the La-Z-Boy price. Paasa issues a capital-gains statement for your return.
Does La-Z-Boy pay a dividend, and how is it taxed in India?
Yes. La-Z-Boy pays a dividend and the current yield is 3.26%; the last declared dividend was $0.97 per share, about ₹92.99. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade La-Z-Boy from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on La-Z-Boy shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare La-Z-Boy shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your La-Z-Boy holding, its cost and its closing value.
How do I sell La-Z-Boy and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.