Home Furnishings & Furniture M&A » By The Online Investor Staff, updated Wed., May. 1, 1:20 AM
Recent mergers and acquisitions in the Home Furnishings & Furniture M&A category.
Slide #7. La-Z-Boy Incorporated — Three La-Z-Boy Furniture Galleries Stores
Acquirer: |
La-Z-Boy Incorporated (NYSE:LZB) |
Acquiree: |
Three La-Z-Boy Furniture Galleries Stores |
Details: |
La-Z-Boy Incorporated (NYSE: LZB) today announced it intends to acquire three La-Z-Boy Furniture Galleries stores located in the Las Vegas, NV market, with combined revenue of approximately $11 million. Included in the transaction are two stores in Las Vegas and one in Henderson. |
La-Z-Boy is a producer of reclining chairs and a manufacturer/distributor of residential furniture in the United States. Co.'s reportable operating segments include the Wholesale segment and the Retail segment. Co.'s Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas and imports casegoods (wood) furniture, such as occasional pieces, bedroom sets, dining room sets and entertainment centers. Co.'s Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories, to end consumers through these stores.
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Company Name: |
La-Z-Boy Inc. |
Website: |
www.la-z-boy.com |
Sector: |
Home Furnishings & Furniture |
Number of ETFs Holding LZB: |
55 |
Total Market Value Held by ETFs: |
$348.39M |
Total Market Capitalization: |
$1.41B |
% of Market Cap. Held by ETFs: |
24.67% |
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May 1, 2024 1:20 AM Eastern
Hold (2.00 out of 4)
0th percentile
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