Company Overview - La-Z-Boy is part of the Consumer Discretionary group, which ranks 15 among 16 sector groups in the Zacks Sector Rank [1] - The company currently holds a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperforming the market [2] Earnings Performance - The Zacks Consensus Estimate for La-Z-Boy's full-year earnings has increased by 11.8% over the past quarter, reflecting improved analyst sentiment [2] - Year-to-date, La-Z-Boy has returned approximately 8.2%, outperforming the average loss of 1.9% in the Consumer Discretionary group [3] Industry Comparison - La-Z-Boy belongs to the Furniture industry, which ranks 198 in the Zacks Industry Rank, with an average loss of 0.7% this year, indicating La-Z-Boy's relative strength [4] - In contrast, MGM Resorts, another stock in the Consumer Discretionary sector, has a year-to-date return of 2.6% and also holds a Zacks Rank of 1 [3][4] Market Outlook - The Consumer Discretionary sector is currently seeing strong performers, with La-Z-Boy and MGM Resorts being notable examples for investors to monitor [5][6]
Is LaZBoy (LZB) Stock Outpacing Its Consumer Discretionary Peers This Year?