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Stock Market & Financial Investment News

News Breaks
February 21, 2013
07:49 EDTLZBLa-Z-Boy price target raised to $23 from $18 at Stifel Nicolaus
Stifel Nicolaus increased its price target on La-Z-Boy after the company reported higher than expected Q3 EPS. The firm views the company's retail results as strong and maintains a Buy rating.
News For LZB From The Last 14 Days
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June 17, 2015
12:23 EDTLZBOn The Fly: Top stock stories at midday
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June 16, 2015
19:01 EDTLZBOn The Fly: After Hours Movers
UP AFTER EARNINGS: Bob Evans (BOBE), up 4%. ALSO HIGHER: Anthera Pharmaceuticals (ANTH), up 2.4% after meeting enrollment targets of Phase 3 clinical trial evaluating blisibimod. DOWN AFTER EARNINGS: DavidsTea (DTEA), down 10.8%... La-Z-Boy (LZB), down 3.9%... Adobe (ADBE), down 1.2%. ALSO LOWER: Azure Midstream Partners (AZUR), down 8.5% after announcing that it will offer 3.5M common units... Arena Pharmaceuticals (ARNA), down 2.3% after announcing CFO departure.
16:18 EDTLZBLa-Z-Boy reports Q4 written SSS up 0.5% for Furniture Galleries network
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16:16 EDTLZBLa-Z-Boy says Q1 'usually our weakest'
In La-Z-Boy's Q4 earnings report, the company stated, "We are optimistic about our positioning in the marketplace and growth prospects... As we move into the summer months, however, the furniture industry typically experiences weaker demand, and our plants shut down for one week of vacation and maintenance during Q1, which ends in July. Accordingly, the first quarter is usually our weakest in terms of sales and earnings. Additionally, as our fiscal year ends the last Saturday of April each year, FY16 is a 53-week year, with the extra week occurring in Q4."
16:14 EDTLZBLa-Z-Boy reports Q4 adjusted EPS 38c, consensus 38c
Reports Q4 revenue $374.94M, consensus $379.13M.
14:37 EDTLZBLa-Z-Boy technical comments ahead of results
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