31.24 +0.03 (0.10%)
After hours: 4:26PM EST
|Bid||31.20 x 800|
|Ask||32.52 x 1000|
|Day's Range||31.11 - 31.51|
|52 Week Range||25.30 - 37.48|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||20.96|
|Earnings Date||Feb 17, 2020 - Feb 21, 2020|
|Forward Dividend & Yield||0.56 (1.77%)|
|1y Target Est||35.00|
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La-Z-Boy Incorporated (NYSE:LZB) stock is about to trade ex-dividend in 3 days time. You will need to purchase shares...
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La-Z-Boy Inc. shares sank 10.2% in Thursday premarket trading after the furniture company reported an earnings miss, with tariffs taking a toll. La-Z-Boy's Casegoods segment had a 6.3% sales decline to $29.4 million, which the company attributed to "industry challenges," a merchandise delay from one supplier and the impact of tariffs on the table business. Sales for the e-commerce site Joybird rose 11.9% to $20.8 million, a lower-than-expected result, according to Raymond James, though analysts held on to their outperform rating based on the 3.5% same-store sales increase for the La-Z-Boy Furniture Galleries. KeyBanc Capital Markets isn't as bullish. "While the top-line opportunity for La-Z-Boy remains encouraging (supported by online brand Joybird and the new Kristen Bell marketing), we remain concerned about choppier end-market trends due to competition and uncertainty related to tariffs," analysts said. KeyBanc rates La-Z-Boy shares sector weight. La-Z-Boy stock has gained 30.6% for the year to date while the S&P 500 index is up 24% for the period.
La-Z-Boy (LZB) delivered earnings and revenue surprises of -5.45% and -1.48%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
La-Z-Boy Inc. shares dropped in the extended session Wednesday after the furniture maker's results fell short of Wall Street expectations. La-Z-Boy shares fell 8.1% after hours, following a 0.9% decline in the regular session to close at $36.18. The company reported fiscal second-quarter net income of $22.6 million, or 48 cents a share, compared with $20 million, or 42 cents a share, in the year-ago period. Adjusted earnings were 52 cents a share. Revenue rose to $447.2 million from $439.3 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 55 cents a share on revenue of $454.4 million.
MONROE, Mich., Nov. 20, 2019 -- La-Z-Boy Incorporated (NYSE: LZB) today reported its operating results for the fiscal 2020 second quarter ended October 26, 2019. Fiscal 2020.
On Wednesday, La-Z-Boy (NYSE: LZB ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Analysts covering La-Z-Boy modeled for quarterly EPS of ...
La-Z-Boy (LZB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MONROE, Mich., Nov. 07, 2019 -- La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2020 second-quarter results after the close of trading on the New York Stock Exchange.
This high growth rate continues a recent trend of the industry outperforming the overall U.S. economy since the 2008 financial crisis. There is also increasing export business for U.S.-based furniture companies as global demand rises with the continuing development of emerging market economies in the Asia-Pacific region. La-Z-Boy Inc. (LZB) is engaged in manufacturing, exporting, and retailing furniture products and accessories throughout the United States and worldwide.
"As of this announcement, they have basically bought our entire suite of applications," Marxent CEO Beck Besecker said.
On March 9, 2009, the Wall Street Journal asked, "Just how low can stocks go?" The same day, an asset manager told CNNMoney.com, "With an absence of good news, the path of least resistance is down." America was mired in what came to be called the Great Recession, and Standard & Poor's 500-stock index closed the day down 57% from its 2007 high. Things couldn't have looked bleaker. Which is precisely when bull markets begin.The current one becomes the longest bull market on record on August 22, at least dating back to 1932. The S&P; 500 has returned a cumulative 410.4% over the run, and plenty of individual stocks have done much better. To find the best stocks of the bull market, we asked S&P; Global Market Intelligence to set its time machine back to March 9, 2009, and give us the best stocks since then in the S&P; Composite 1500. The Composite includes components of the large-company S&P; 500, the MidCap 400 and the SmallCap 600--covering 90% of the U.S. market.The winners are a diverse group. SEE ALSO: 50 Best Stocks of All Time
La-Z-Boy Incorporated (LZB) today announced its Neosho, Missouri La-Z-Boy branded manufacturing facility celebrated its 50th anniversary. At a celebration held yesterday on the 55-acre campus, attended by local and state officials, as well as U.S. Congressman Billy Long, senior executives from the La-Z-Boy leadership team, and retirees from the plant, the company unveiled the 18 millionth chair produced at the 542,000 square-foot facility.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
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La-Z-Boy Incorporated (LZB) announced it was the recipient of the Corporate Culture of Safety Award for the third consecutive year at the National Safety Council’s National Awards Celebration held in San Diego last week. The award honors corporations who foster a creative and collaborative culture to enhance safety performance and obtain a competitive advantage. Darrell Edwards, Chief Operating Officer of La-Z-Boy Incorporated, who was on site to receive the prestigious award, said: “Safety is of paramount importance to our organization, and we work to ensure our employees arrive home each day in the same condition in which they arrived to work in the morning. Safety is an outcome of our focus on operational excellence and by placing people at the center of our supply chain processes, we are able to provide a safe and productive work environment.
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