La-Z-Boy: Long Live The Value Stock With Earnings Growth
La-Z-Boy(LZB) Seeking Alpha·2024-02-14 08:24
La-Z-Boy is aiming to increase its store count by around 14%, while also increasing the number of company-owned stores, which would improve its profit margins. SOPA Images/LightRocket via Getty ImagesThe most recent addition to my portfolio surprised me a bit when I dug into it, because when it popped up on my value stock screener, I didn't expect La-Z-Boy Incorporated (NYSE:LZB) to be a company with a long-term plan for future growth. I expected it to be a value stock at a good price, with a conservative ...