La-Z-Boy Inc. (LZB) reported second quarter net income of $0.12 per share after the close Wednesday, down from $0.15 per share in the prior year. The consensus estimate was for EPS of $0.20. The stock is now down 2.67 on 13K shares.
La-Z-Boy dipped slightly in early trade Wednesday, but settled into a range for the majority of the session. The stock closed down by 0.22 at $16.17.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.