La-Z-Boy Inc. (LZB) reported third quarter net income of $0.32 per share after the bell Tuesday, compared to $0.28 per share last year. The consensus estimate was for EPS of $0.23.
La-Z-Boy gapped up sharply Wednesday, but traded in a range for the majority of the session. The stock closed higher by 1.77 at $17.23, with volume at an 8-month high. La-Z-Boy rose past resistance and set a new high for the year.
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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.