NYSE:LZBConsumer Durables
La-Z-Boy (LZB) Valuation: Assessing the Impact of Earnings, Dividend Hike, and New Guidance
La-Z-Boy (LZB) has released its second quarter results, highlighting steady sales while reporting a dip in net income compared to last year. The company also raised its dividend by 10% and issued new sales guidance.
See our latest analysis for La-Z-Boy.
La-Z-Boy’s share price has surged 33% in the last week alone, fueled by stronger sales guidance and a fifth straight year of big dividend hikes. However, the stock still sits nearly 9% lower year-to-date. Over the long run, shareholders have...