La-Z-Boy shares on track for biggest jump since June 2024 after results
19/11/2025 15:56
** Shares of La-Z-Boy LZB.N are up about 19% on Wed and on track for their biggest daily pct gain since June 2024 after the co reported stronger-than-expected quarterly results and announced a 10% increase in its qtrly dividend
** The stock also hit its highest since September
** The furniture co also said it is successfully navigating current trade and tariff volatility
** The median 12-mo PT on the stock is $42.50; the stock was last at $35.28
** Just three analysts cover the stock, and their recommendations include one "strong buy," one "buy" and one "hold"
** Including the session move, LZB shares are still down about 19% YTD compared with a roughly 13% gain in the S&P 500 .SPX in that period
(Reporting by Caroline Valetkevitch )
((caroline.valetkevitch@thomsonreuters.com))