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Why La-Z-Boy Stock Just Popped

TheMotleyFool

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Why La-Z-Boy Stock Just Popped: https://g.foolcdn.com/editorial/images/874994/mother-and-child-relaxing-on-a-sofa.jpg

Notwithstanding the name, La-Z-Boy (NYSE: LZB) stock isn't lounging around the living room this morning. As of 10:55 a.m. ET Wednesday, shares of the upholstered furniture specialist are charging ahead 15.5% -- and earnings are the reason.

Analysts expected La-Z-Boy to earn $0.82 per share on $569.2 million in sales when it reported fiscal Q4 2026 earnings last night. Instead, La-Z-Boy earned $1.26 per share on $570.3 million in sales.

Image source: Getty Images.

Source Fool.com

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