After Falling, Is La-Z-Boy A Value Play Or A Stalwart?
Daniel Jones • Yesterday, 5:30 AM
- After reporting results for the quarter, shares of La-Z-Boy fell in after-hours trading.
- Even though revenue handily outperformed estimates, the company posted profits that, while nice, were slightly lower than forecasted.
- Given its performance, the retailer looks like an attractive prospect in the long run, but it's certainly no value play at current levels.