Home Furnishings & Fixtures

(SCSS) Select Comfort’s Earnings Disappoint

Lower sales and increased promotional expenses took a toll on Select Comfort Corporation’s (SCSS) first-quarter fiscal 2013 results. The mattress retailer posted adjusted quarterly earnings of 41 cents a share that missed the Zacks...

3May2013 | | Comments Off on (SCSS) Select Comfort’s Earnings Disappoint | Continued

(LEG) Leggett & Platt Attains New 52-Week High

Boosted by the recent rebound in the U.S. housing market, shares of Leggett & Platt, Inc. (LEG) hit a new 52-week high of $34.07 on Friday, Apr 12, before closing at $33.79. This Zacks Rank #3 (Hold) manufacturer of diversified...

27Apr2013 | | Comments Off on (LEG) Leggett & Platt Attains New 52-Week High | Continued

(LEG) Leggett & Platt Incorporated – Bear of the Day

Leggett & Platt, Inc.’s (LEG) fourth-quarter 2011 earnings of $0.22 per share were up from the prior-period level, but we believe it was inorganic growth primarily spurred by the company’s share buyback program. Moreover,...

9Apr2012 | | Comments Off on (LEG) Leggett & Platt Incorporated – Bear of the Day | Continued

(LEG) Leggett & Platt Incorporated – Bear of the Day

Leggett & Platt, Inc.’s (LEG) fourth-quarter 2011 earnings of $0.22 per share were up from the prior-period level, but we believe it was inorganic growth primarily spurred by the company’s share buyback program. Moreover,...

28Mar2012 | | Comments Off on (LEG) Leggett & Platt Incorporated – Bear of the Day | Continued

(LEG) Leggett & Platt Incorporated – Bear of the Day

Leggett & Platt, Inc.’s (LEG) increased operating expenses coupled with higher cost inflation battered the third-quarter 2011 results. The company reported a flat year-over-year earnings of $0.31 per share, missing the Zacks...

17Nov2011 | | 0 comments | Continued

(FO) Fortune Brands Splits in Two

The leading consumer brands company Fortune Brands Inc. (FO) announced that following the spin-off of its Home & Security business, the separated companies will trade under two different symbols as independent entities on the New...

5Jul2011 | | 0 comments | Continued

(LZB) La-Z-Boy Blows Away Estimates With Quarterly Earnings Report

La-Z-Boy Inc. (LZB) reported fiscal third quarter 2010 net earnings per share of 19 cents and comprehensively surpassed the Zacks Consensus Estimate of 10 cents per share.

EPS in the prior year quarter was 21 cents, which, however,...

18Feb2011 | | 0 comments | Continued

(CRC) Bayer Adcances Colorectal Cancer Drug Candidate

Recently, Bayer (BAYRY) initiated patient enrollment in a phase III trial of one of its late stage pipeline candidates, regorafenib. The drug is being studied to treat patients with metastatic colorectal cancer (CRC) who have not responded properly to standard therapies.

In...

17May2010 | | 0 comments | Continued

(FO) Fortune Brands Beats Expectations on Higher Sales

Consumer products maker Fortune Brands (FO) reported first-quarter 2010 results with adjusted (excluding restructuring and other charges) earnings per share of 49 cents, comfortably beating the Zacks Consensus Estimate of 31 cents....

29Apr2010 | | 0 comments | Continued

(FO) Fortune Brands Wins Lawsuit Against Jose Cuervo International

Fortune Brands Inc. (FO), a leading consumer brands company, recently received a favorable jury verdict against Jose Cuervo International, Inc. and its affiliates, relating to a trademark infringement of Maker’s Mark, one of its premium...

7Apr2010 | | 0 comments | Continued

(FO) Fortune Brands Wins Patent Dispute Against Callaway Golf

Fortune Brands Inc. (FO), a leading consumer brands company, has recently received a favorable verdict against Callaway Golf Co. (ELY) relating to a patent dispute involving...

30Mar2010 | | 0 comments | Continued

(LZB) La-Z-Boy Incorporated – Fourth-Quarter Surprise of 89%

La-Z-Boy, Inc. (LZB) recently hit a new 52-week high above $15 on the company’s better than expected Q4 results from mid February.

Fourth-Quarter Surprise of 89%

Sales for the period were up 5.7%...

29Mar2010 | | 0 comments | Continued

(LZB) Institute for Supply Management Manufacturing Index Soars

The Institute for Supply Management’s survey of the Manufacturing sector of the economy rose by 3.5 points to 58.4 in January from 54.9 in December. That far exceeded consensus expectations for an increase to 55.5. It is also the highest reading...

1Feb2010 | | 0 comments | Continued

(FO) Fortune Brands Beats the Street – Guidance Falls

Fortune Brands Inc. (FO) reported fourth quarter results before the opening bell today. The company swung to a net income of $11.5 million from a net loss of $281.3 million in the year-ago quarter. Excluding special items, earnings...

30Jan2010 | | 0 comments | Continued

(LZB) La-Z-Boy Incorporated – Earnings Forecasts Move Higher

La Z Boy Inc. (LZB) recently rebounded from a dip lower to move back within striking distance of the 52-week high at $11.07. Shares have been rallying since mid November when the company reported better than expected Q3 results.

19Jan2010 | | 0 comments | Continued

(ZZ) Sealy Corporation Reports Quarterly Profit

Sealy Corp. (ZZ), the largest global manufacturer of bedding products, has reported strong fiscal 2009 fourth quarter results with earnings of 2 cents per share compared to a loss of 45 cents in the year-earlier quarter. The earnings...

14Jan2010 | | 0 comments | Continued

(SCSS) Select Comfort Corporation – Margin Expansion and Operational Efficiencies

Select Comfort Corp. (SCSS) recently hit a new multi-year high above $7 on strong Q3 results from October and an ongoing commitment to respond to the challenging consumer environment.

Company Description

13Jan2010 | | 0 comments | Continued

(LEG) Leggett & Platt Incorporated Earnings Up on Cost Cutting

Leggett & Platt Incorporated (LEG), a leading manufacturer of home furnishing components, has reported relatively strong third quarter results with earnings of 34 cents per share from continuing operations compared to 29 cents...

27Oct2009 | | 0 comments | Continued

(FO) Tough Third Quarter for Fortune Brands

Fortune Brands Inc. (FO) reported third quarter earnings of 82 cents per share. Although earnings were well above the Zacks Consensus Estimate of 63 cents, they were down 59.8% year-over-year.

Net sales for the quarter declined...

27Oct2009 | | 0 comments | Continued

(AYI) Zacks #5 Rank Additions for Monday – Zacks Tale of the Tape

Here are the stocks added to the Zacks #5 Rank (“strong sell”) List today: