La-Z-Boy traded at $41.85 this Wednesday June 24th, increasing $1.55 or 3.85 percent since the previous trading session. Looking back, over the last four weeks, La-Z-Boy gained 12.26 percent. Over the last 12 months, its price rose by 12.86 percent. Looking ahead, we forecast La-Z-Boy to be priced at 38.84 by the end of this quarter and at 36.49 in one year, according to Trading Economics global macro models projections and analysts expectations.
La-Z-Boy Incorporated is a producer of reclining chairs and the manufacturer/distributor of residential furniture in the United States. The Company's segments include Wholesale segment and the Retail segment. The Wholesale segment consists of three brands: American Drew, Hammary, and Kincaid, which manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas and imports casegoods (wood) furniture, such as occasional pieces, bedroom sets, dining room sets and entertainment centers. Its Retail segment consists of approximately 159 Company-owned La-Z-Boy Furniture Galleries stores. The Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories, to the end consumer through these stores. The Company's Joybird brand sells products to consumers primarily online through its Website, www.joybird.com.