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La-Z-Boy (NYSE:LZB) released first-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This transcript is brought to you by Benzinga APIs. For real-time access to our
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Robert Sundy II, President of Retail at La-Z-Boy, sold 5,000 shares on September 10, 2026, at $30.85 per share for approximately $154,250. Despite the sale representing 8% of his stake, he retains 59,297 shares worth $1.8 million, indicating continued alignment with the company. Analysts maintain bullish outlooks with price targets of $40-$42, suggesting potential gains of 34-41% from current levels.
Keybanc analyst Bradley B. Thomas maintains La-Z-Boy (NYSE:LZB) with a Overweight and lowers the price target from $46 to $40.