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Manufacturing M&A image Manufacturing M&A » By The Online Investor Staff, updated Fri., Mar. 29, 3:04 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 is a producer of reclining chairs and a manufacturer/distributor of residential furniture in the United States. Co.'s reportable operating segments include the Wholesale segment and the Retail segment. Co.'s Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas and imports casegoods (wood) furniture, such as occasional pieces, bedroom sets, dining room sets and entertainment centers. Co.'s Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories, to end consumers through these stores.

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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: 
54
Total Market Value Held by ETFs: 
$398.72M
Total Market Capitalization: 
$1.56B
% of Market Cap. Held by ETFs: 
25.48%
 

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Hold (2.00 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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