La-Z-Boy executives will present at the Raymond James conference on March 3, 2025, available via live webcast.
Quiver AI Summary
La-Z-Boy Incorporated announced that its Board Chair, President, and CEO Melinda D. Whittington, along with CFO Taylor Luebke and Director of Investor Relations Mark Becks, will participate in a fireside chat at the Raymond James 46th Annual Institutional Investors Conference in Orlando, Florida, on March 3, 2025, at 4:00 p.m. ET. The presentation will be available for live streaming and subsequently archived on the company's investor relations website. La-Z-Boy, known for its comfortable furniture since the invention of the recliner in 1927, operates nearly 200 company-owned stores and has a wide network of over 360 locations in the U.S., along with an e-commerce platform called Joybird. The company focuses on delivering high-quality home furnishings and operates various brands in the furniture sector.
Potential Positives
- Participation of high-level executives in a major investment conference enhances visibility and credibility among institutional investors.
- Live webcast and archived presentation increase accessibility for a broader audience, fostering transparency with stakeholders.
- The company's commitment to quality and consumer focus is reiterated, potentially strengthening brand loyalty and investor confidence.
Potential Negatives
- The press release lacks any specific details about the company's recent financial performance or business strategy, which may indicate a lack of transparency or issues that the company is not addressing publicly.
- There is no mention of recent challenges or market conditions affecting the furniture industry, which could signal potential problems the company may be facing.
FAQ
What is the date and time of the La-Z-Boy presentation?
The La-Z-Boy presentation will take place on March 3, 2025, at 4:00 p.m. ET.
Where will the La-Z-Boy fireside chat be held?
The fireside chat will be held at the Raymond James 46th Annual Institutional Investors Conference in Orlando, Florida.
Who are the speakers at the La-Z-Boy conference?
The speakers include Melinda D. Whittington, Taylor Luebke, and Mark Becks.
How can I access the La-Z-Boy presentation online?
The presentation will be webcast live and archived on the company’s investor relations website.
What is the history of La-Z-Boy Incorporated?
La-Z-Boy was founded in 1927 and is known for its iconic recliner and commitment to quality furniture.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LZB Insider Trading Activity
$LZB insiders have traded $LZB stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $LZB stock by insiders over the last 6 months:
- JENNIFER LYNN MCCURRY (Chief Accounting Officer) has made 0 purchases and 2 sales selling 4,414 shares for an estimated $182,325.
- JANET KERR sold 3,890 shares for an estimated $159,050
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LZB Hedge Fund Activity
We have seen 94 institutional investors add shares of $LZB stock to their portfolio, and 138 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 1,394,677 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $59,873,483
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 316,257 shares (-85.8%) from their portfolio in Q4 2024, for an estimated $13,779,317
- BALYASNY ASSET MANAGEMENT L.P. removed 273,498 shares (-88.0%) from their portfolio in Q4 2024, for an estimated $11,916,307
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 259,140 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $11,124,880
- WELLINGTON MANAGEMENT GROUP LLP added 237,578 shares (+321.1%) to their portfolio in Q4 2024, for an estimated $10,351,273
- WEISS ASSET MANAGEMENT LP added 196,763 shares (+141.1%) to their portfolio in Q4 2024, for an estimated $8,572,963
- BLACKROCK, INC. added 193,087 shares (+3.0%) to their portfolio in Q4 2024, for an estimated $8,412,800
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MONROE, Mich., Feb. 24, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today announced that Melinda D. Whittington, Board Chair, President and Chief Executive Officer; Taylor Luebke, Senior Vice President and Chief Financial Officer; and Mark Becks, Director Investor Relations and Corporate Development will participate in a fireside chat presentation at the Raymond James 46th Annual Institutional Investors Conference held at the JW Marriott Grande Lakes in Orlando, Florida. The presentation will be webcast live on Monday March 3, 2025, at 4:00 p.m. ET and archived on the Company’s investor relations website at https://lazboy.gcs-web.com/ .
Investor Relations Contact
:
Mark Becks, CFA, (734) 457-9538
[email protected]
Media Contact
:
Cara Klaer, (734) 598-0652
[email protected]
About La-Z-Boy
:
La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world - a mission that began when its founders invented the iconic recliner in 1927. Today, the company operates as a vertically integrated furniture retailer and manufacturer, committed to uncompromising quality and compassion for its consumers.
The Retail segment consists of nearly 200 company-owned La-Z-Boy Furniture Galleries ® stores and is part of a broader network of over 360 La-Z-Boy Furniture Galleries ® that, with La-Z-Boy.com, serve customers nationwide. Joybird ® , an e-commerce retailer and manufacturer of modern upholstered furniture, has 12 stores in the U.S. In the Wholesale segment, La-Z-Boy manufactures comfortable, custom furniture for its Furniture Galleries ® and a variety of retail channels, England Furniture Co. offers custom upholstered furniture, and casegoods brands Kincaid ® , American Drew ® , and Hammary ® provide pieces that make every room feel like home. To learn more, please visit: https://www.la-z-boy.com/.
