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LZB - Knoll Is Profitable Again
December, 07 2020 11:56 AM
La-Z-Boy Incorporated
The stock trades at half price from all-time highs as the outlook is uncertain. A deleveraging process is needed after the Muuto's acquisition. E-commerce and residential sales are growing by leaps and bounds. The company has shown profitability again in the third quarter. There is still a long road, but recovery will eventually come and the potential yield on cost is ~4.75%. For further details see:
Knoll Is Profitable Again
Stock Information
Company Name:
La-Z-Boy Incorporated
Stock Symbol:
LZB
Market:
NYSE
Website:
la-z-boy.com
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