Bull of the Day: LaZBoy (LZB)

There’s something comforting about a company that literally builds comfort for a living. And in a market that’s been swinging around like a recliner caught in a Florida hurricane, sometimes the best move is to kick back, relax, and look at the earnings trends. That’s where today’s Bull of the Day comes strolling in with a Zacks Rank #1 (Strong Buy). I’m talking about La-Z-Boy (LZB).La-Z-Boy has quietly been one of the most fundamentally solid consumer names out there. While the rest of retail has dealt with bloated inventories, promotional hell, and skittish consumers, La-Z-Boy has done what the best operators do. They tighten the supply chain, push higher-margin custom orders, and lean on a brand that has been synonymous with “put your feet up, you earned this” for nearly a century.The real juice behind the Zacks Rank is the earnings estimate revisions. Analysts have been steadily upping their expectations on both the current year and next year, showing confidence not only in the macro easing but in the company’s ability to drive margins. Over the past week, analysts have pushed up our Zacks Consensus Estimate for the current year from $2.86 to $2.95 while next year’s number is up from $2.75 to $2.93. Upholstery and custom furniture demand hasn’t fallen off a cliff like people feared, and with housing stabilizing and consumer confidence bouncing, La-Z-Boy is positioned to ride the next wave higher.La-Z-Boy Incorporated Price and Consensus La-Z-Boy Incorporated price-consensus-chart | La-Z-Boy Incorporated QuoteEven better, this isn’t some flashy, sky-high-valuation heartbeat-skip stock. La-Z-Boy trades at 12.79x earnings while delivering consistent earnings beats, expanding gross margins, and buying back shares like they’re trying to corner the market on themselves. That’s exactly what you want when you’re hunting for safety and upside.While the market is busy chasing AI names into nosebleed territory, La-Z-Boy is sitting there like the comfy recliner in the corner. Nobody pays attention until they sit in it and realize, “Wow… this is actually pretty great.” With estimate revisions trending up, a strong balance sheet, and a customer base that spans generations, La-Z-Boy looks ready to rock back into higher highs.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report La-Z-Boy Incorporated (LZB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks