La-Z-Boy Inc. (LZB) announced after the close Tuesday that it has agreed to acquire the license for the La-Z-Boy brand in the United Kingdom and Ireland from Furnico Ltd. The company also announced that it acquired nine La-Z-Boy Furniture Galleries stores from an independent dealer back on November 1. The stock is now up 1.30 on 6K shares.
La-Z-Boy traded in a range for the bulk of Tuesday's session and closed down by 0.20 at $26.00.
For comments and feedback contact: editorial@rttnews.com
Business News
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.