- After years of dormancy, La-Z-Boy has improved a lot given its increased revenues and income with a strong financial position.
- Although there were years with non-payment of dividends, it has become more consistent since 2013 although growth could be cut in FY 2021.
- Despite the contradiction of stock price valuation using different models and ratios, the bullish pattern of the stock price persists.
- The pandemic has disrupted the company’s growth, but with its stable financials and the reopening of the economy, it may still bounce back.
For further details see:
La-Z-Boy: A Decade Of Recovery, Rejuvenation, And Sustained Growth