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SocialPicks Community
Bullish on LZB ...
LZB
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-16.46%
in
402 days
La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery products and wood casegoods furniture products under the La-Z-Boy brand in the United States and Canada. The company operates in three segments: Upholstery Group, Casegoods Group, and Retail Group. The Upholstery Group segment primarily manufactures and sells upholstered furniture to furniture retailers and proprietary stores. Its products include recliners and motion furniture, sofas, loveseats, chairs, ottomans, sleeper sofas, sectionals, and modulars. The Casegoods Group segment primarily imports, m...
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LA Z Boy Inc. (NYSE: LZB) TheSUBWAY Stock Trader Alert
LZB
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+5.48%
in
7 days
(closed on 09/15/08)
We are adding LA Z Boy Inc. (NYSE: LZB) to our buy list today: Visit TheSUBWAY's Blog here (In case the charts do not display correctly on the site you see this feed picked up on):
http://stock-promoter.thesubway.com/thesubway-clients/la-z-bo...  We feel technically the chart is looking bullish for LA Z Boy Inc. (NYSE: LZB). One reason is the recent higher highs:  <> Above you can see where LA Z Boy Inc. (NYSE: LZB) started its recent move higher, back on June 16th 2008. The beginning of <><>< /><><><><><><>< /><><><><><><><>< /><><><><><><>< /><><><><><><>< /><><><><><><>< /><><><><><><>< /><><><><><><><>< /><><><><><><><><><>...
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Have you ever had a chair pulled out from under you?
LZB
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-46.13%
in
66 days
(closed on 09/12/08)
La-Z-Boy is a residential furniture producer, marketing furniture for every room of the home, as well as for hospitality, healthcare and assisted-living industries. This stock has been taking it on the chin since April 2006. Last month it reported a loss due to reduced casegoods and retail sales. I think that fiscall year 2008 earnings estimates of 18 cents are way too high given the weakness in the economy and housing specifically. Institutional shareholders have been dumped the stock heavily at the end of the first quarter.
Don't make the mistake of looking at the P/S or P/B ...
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Icon of recliners in 52 week low.
LZB
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-35.03%
in
1046 days
Recently hit 52 week low. Feeling the China outsourcing trend, but stable enough to get out of 52 week low. Baby Boomer's New Bed once to stiff to lie in their old one.
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From the Blogosphere
After Hour Movers - 18th Aug
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Spreadtrum Communications, Inc. (Nasdaq: SPRD) 22.2% HIGHER; reports a Q2 loss of $0.15 compared to $0.11 profit for the same period last year. Revenue in the second quarter totaled US$16.2 million, representing an increase of 97% from US$8.2 million in 1Q09 and down 60% from US$40.2 million in 2Q08.
Vantage Drilling Company (NYSE: VTG) 20.4% LOWER; announced that it intends to offer, subject to market and other conditions, 46,500,000 of its ordinary shares. In connection with this offering, Vantage will grant the underwriters an option to purchase 6,975,000 additional ordinary shares to cov...
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By
s J
(-16.36% risk: aggressive)
08/19/09
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Comment
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La-Z-Boy Do You Trust Inventory Valuation
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La-Z-Boy (NYSE:LZB) announced Q4 and year end results. They are showing all the correct moves despite drops in revenues. Inventories are down, debt is being reduced, leverage is very low, cash is being generated, they are exiting expensive manufacturing and getting a plant going in Mexico. OK so why is this stock not doing better. The economy is terrible and people are not buying furniture. OK so let’s look at the future strategy and we see it’s still the same. They are relying on their own retail network and they are attempting to cut costs by going to Mexico. Basic business school stuff n< />< /><>< />...
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Morning Movers 6/16: VOXW, EMKR, LZB, HOV, ALVR, MRNA Higher; SURG, AHT, FCEL Lower
Voxware, Inc. (NASDAQ: VOXW) <font>42.9% HIGHER;</font> announced that Somerfield Stores, the UK high street supermarket company, has deployed a major expansion of voice picking technology based upon the company's Voxware 3 software product. Click here for the full report.EMCORE Corporation (Nasdaq: EMKR) <font>29.3% HIGHER;</font> is seeing interst this morning announced that it has been awarded a contract to manufacture, test, and deliver solar panels for NASA's Global Precipitation Measurement spacecraft. The contract, valued at approximately $5 million, will be managed by MEI Technologi...
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La-Z-Boy catches analysts sleeping
Filed under: Earnings reports  Shares of La-Z-Boy (NYSE: LZB) have simply exploded over the last few months. Talk about an incredible trade.
Well, it was an incredible trade for anyone brave enough to fool with a low-priced stock. La-Z-Boy closed on Monday at $3.64 per share. Back in March, the stock was under a buck. Can't say I'm sorry I didn't buy it. Well, let me amend that statement. I'm a little sorry I didn't buy it. But I think the reader knows what I mean: purchasing stocks under a dollar per share is dangerous work at best. Continue reading La-Z-Boy catches analysts sleeping <><>La-Z-Boy ...
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After-Hours Movers 6/15: LZB, TEL Higher; MMR, BRKR, HAR, SURG Lower
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La-Z-Boy Inc. (NYSE: LZB) <font>26% HIGHER;</font> reports Q4 EPS of $0.07, ex-items, versus the analyst estimate of ($0.11) and compared to a loss of $0.05 in the same quarter last year. Revenue for the quarter was $284.5 million, versus the consensus of $297.38 million.McMoRan Exploration Co. (NYSE: MMR) <font>7.6% LOWER;</font> announced today that it has commenced a public offering of approximately 11 million shares of common stock. The underwriters have an option to purchase from McMoRan up to an additional 1.65 million common shares to cover overallotments, if any. McMoRan also announ...
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About LaZBoy Inc.
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