La-Z-Boy Incorporated (NYSE:LZB) Goldman Sachs 32nd Annual Global Retailing Conference 2025 September 4, 2025 1:10 PM EDT
Company Participants
Melinda Whittington – President, CEO & Board Chair
Taylor Luebke – Senior VP & CFO
Conference Call Participants
Emily Kech – Goldman Sachs Group, Inc., Research Division
Presentation
Emily Kech
Research Analyst
Good afternoon, everyone. Thank you for joining us at the Goldman Sachs 32nd Annual Global Retailing Conference. I’m Emily Ghosh, and I’m part of the Hardlines team at Goldman. It’s my pleasure to introduce La-Z-Boy Inc. and to moderate our fireside chat.
Today, we have with us Melinda Whittington, Board Chair, President and Chief Executive Officer of La-Z-Boy. Melinda joined La-Z-Boy in 2018, serving as Chief Financial Officer prior to becoming CEO in 2021. We also have Taylor Luebke, Senior Vice President and Chief Financial Officer, who joined La-Z-Boy in 2021 and was promoted to CFO at the beginning of the year; and Mark Becks, Director of Investor Relations and Corporate Development.
Melinda, Taylor and Mark, thank you so much for joining us today.
Melinda Whittington
President, CEO & Board Chair
Thanks for having us.
Taylor Luebke
Senior VP & CFO
Thanks for having us.
Question-and-Answer Session
Emily Kech
Goldman Sachs Group, Inc., Research Division
Just to start, can you provide a brief overview of La-Z-Boy’s Century Vision strategy? What were the goals that you set out to achieve in 2021? And where is the company at on the journey now?
Melinda Whittington
President, CEO & Board Chair
So we are a 98-year-old company, founded in the U.S. on the high-quality recliner. And manufacturing is our history. When I stepped into the role in 2018, we leveraged outside consultants as well as a lot of internal capability to really look at — what got us here won’t get us there. Do we need a complete pivot of the company? We’ve
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