La-Z-Boy Incorporated: Optimism Amidst The Housing Shortage Crisis
LZBLa-Z-Boy(LZB) Seeking Alpha·2024-04-30 06:34

Eoneren Synopsis La-Z-Boy Incorporated (NYSE:LZB) is the leading global manufacturer of reclining chairs and the second-largest distributor of furniture in the U.S. According to a KeyBanc consumer survey, it is also a leading brand for interest in new furniture purchases. However, the outlook for the furniture industry has been rather weak due to a housing shortage and lingering inflation. In the midst of the chaos in the housing market, LZB is focusing on solidifying their business by gaining more market s ...