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Manufacturing M&A image Manufacturing M&A » By The Online Investor Staff, updated Sun., Apr. 11, 8:34 AM Recent mergers and acquisitions in the Manufacturing M&A category.

Slide #72. La-Z-Boy Incorporated Three La-Z-Boy Furniture Galleries Stores

Acquirer: La-Z-Boy Incorporated (NYSE:LZB)
Acquiree: Three La-Z-Boy Furniture Galleries Stores
Details: La-Z-Boy Incorporated (NYSE: LZB) today announced it intends to acquire three La-Z-Boy Furniture Galleries stores located in the Las Vegas, NV market, with combined revenue of approximately $11 million. Included in the transaction are two stores in Las Vegas and one in Henderson.

La-Z-Boy manufactures, markets, imports, exports, distributes and retails upholstery furniture products. In addition, Co. imports, distributes and retails accessories and casegoods (wood) furniture products. Co.'s reportable operating segments are: Upholstery, which manufactures and imports upholstered furniture such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas; Casegoods, which imports, markets, and distributes casegoods (wood) furniture as well as manufactures some custom upholstered furniture; and Retail, which sells upholstered furniture, in addition to some casegoods and other accessories.

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Company Name: 
La-Z-Boy Inc.
Website: 
www.la-z-boy.com
Sector: 
Home Furnishings & Furniture
Number of ETFs Holding LZB: 
58
Total Market Value Held by ETFs: 
$451.56M
Total Market Capitalization: 
$1.96B
% of Market Cap. Held by ETFs: 
22.99%
 

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Hold (2.33 out of 4)
3rd percentile
(ranked lower than approx. 97% of all stocks covered)

Analysts' Target Price:
LZB Stock Forecast

Based on Zacks ABR data;
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