All Posts Tagged With: "LZB"

(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

(FDX) The Federal Reserve in Focus

The positive stock market momentum of the last four days provides a favorable backdrop for Ben Bernanke’s second news conference, which takes place this afternoon. The Greek vote and solid earnings report from FedEx (FDX)...

22Jun2011 | | 0 comments | Continued

(SHW) U.S. Used Home Sales – Prices Fall

In May, Existing Home Sales ran at a seasonally adjusted annual rate of 4.81 million. That pace is 3.1% lower than in April, and 15.3% below the year-ago rate. The year-ago numbers were somewhat inflated due to the end of the homebuyer tax credit. The April sales rate was slightly above consensus...

21Jun2011 | | 0 comments | Continued

(SHW) Used Home Sales Down – Inventories Up

In April, Existing Home Sales ran at a seasonally adjusted annual rate of 5.05 million. That pace is 0.8% lower than in March, and 12.9% below the year-ago rate. The year-ago numbers were somewhat inflated due to the end of the homebuyer tax credit.

The April sales rate was below consensus...

28May2011 | | 0 comments | Continued

(SHW) U.S. Home Reseale Report Better than Expected

In March, Existing Home Sales ran at a seasonally adjusted annual rate of 5.10 million. That pace is 3.7% higher than in February, but 6.3% below the year-ago rate. The March sales rate was above consensus expectations of a 5.00 million annual rate. February was revised up from an initial read of...

22Apr2011 | | 0 comments | Continued

(SHW) Existing Home Sales Rise – Analyst Blog

In January, existing home sales ran at a seasonally adjusted annual rate of 5.36 million. That pace is 2.7% higher than in December, and 5.3% above the year-ago rate.

The year-ago rate of 5.09 million was depressed as everyone was rushing to get the deals done in November 2009 before they thought...

23Feb2011 | | 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

(SHW) U.S. Existing Home Sales Rise

In December, existing home sales ran at a seasonally adjusted annual rate of 5.28 million. That pace is 12.3% higher than in November, but 2.9% below the year-ago rate. The year-ago rate of 5.44 million was inflated as everyone was rushing to get the deals done before they thought the first-time buyer...

20Jan2011 | | 0 comments | Continued

(SHW) U.S. Used Home Sales Rise in October

In November, existing home sales ran at a seasonally adjusted annual rate of 4.68 million. That pace is 5.6% higher than in October, and 27.9% below the year-ago rate. The year-ago rate of 6.49 million was inflated as everyone was rushing to get the deals done before they thought...

22Dec2010 | | 0 comments | Continued

(SHW) U.S. Pre-Existing Home Sales Fall in October 2010

In October, existing home sales ran at a seasonally adjusted annual rate of 4.43 million. That pace is 2.2% lower than in September, and 25.9% below the year-ago rate. The year-ago rate of 5.98 million was inflated as everyone was rushing to get the deals done before they thought the first-time buyer...

23Nov2010 | | 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

($MSFT) Institute for Supply Management’s Survey Shows Manufacturing Dips but Still Strong

The Institute for Supply Management’s (ISM) manufacturing survey slipped to a reading of 56.5 from 58.4 in January, a drop of 1.9 points and below the 58.0 reading that was expected. However, anything over 50 indicates that the manufacturing economy...

1Mar2010 | | 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

(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

(FNM) Existing Home Sales Soar Again

In October, existing home sales rose by 10.1% and are now 23.5% above the year-ago rate. Sales were at a seasonally adjusted annual rate of 6.10 million, up from 5.54% in September and a 4.94 million pace a year ago.

Existing single family home sales rose by 9.7% to a 5.33 million pace, while...

23Nov2009 | | 0 comments | Continued

(SHW) Used Home Sales Jump

Existing home sales rose 7.2% from last month to a seasonally adjusted annual rate of 5.24 million from June’s rate of 4.89 million. This was also 5.0% above the year-ago level of 4.99 million, and the consensus expectations of 5.0 million.

This is very good news. The only real weak spots...

21Aug2009 | | 0 comments | Continued