La-Z-Boy (LZB) Higher on Volume Into Earnings After the Close

Go back to La-Z-Boy (LZB) Higher on Volume Into Earnings After the Close

BB&T Capital Upgrades La-Z-Boy (LZB) to Buy

June 19, 2014 6:41 AM EDT

BB&T Capital upgraded La-Z-Boy (NYSE: LZB) from Hold to Buy with a price target of $27.00.

For an analyst ratings summary and ratings history on La-Z-Boy click here. For more ratings news on La-Z-Boy click here.

Shares of La-Z-Boy closed at $22.84 yesterday.

... More

La-Z-boy, Inc. (LZB) Reports In-Line Q4 EPS of 33c

June 17, 2014 4:11 PM EDT

La-Z-boy, Inc. (NYSE: LZB) reported Q4 EPS of $0.33, in-line with the analyst estimate of $0.33. Revenue for the quarter came in at $353 million versus the consensus estimate of $369.2 million.

Same-store written sales for the La-Z-Boy Furniture Galleries® store network decreased 0.9% for the fourth quarter after an 11.2% increase in last year's fourth quarter.

Kurt L. Darrow, Chairman, President and Chief Executive Officer, of La-Z-Boy, said, "Overall, we are pleased with our results for fiscal 2014 full... More