Linz Terrence James Sells Shares of La-Z-Boy Incorporated $LZB
Key Points
- Linz Terrence James sold 3,021 shares of La-Z-Boy Incorporated ($LZB) worth $120,809.79.
- $LZB last traded around $41.85.
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Linz Terrence James, President, Wholesale Brands at La-Z-Boy Incorporated ($LZB), sold 3,021 shares at an average price of $39.99, for a total transaction of $120,809.79. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
La-Z-Boy Incorporated Stock Up 28.5%
Shares of La-Z-Boy Incorporated ($LZB) traded around $41.85 on Thursday, up 28.5% for the day.
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About La-Z-Boy Incorporated
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States and internationally. The company operates through Wholesale and Retail segments. Its 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, including bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Stores, operators of La-Z-Boy Comfort Studio and branded space locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other home furnishing accessories to the end consumer through its retail stores. It licenses La-Z-Boy brand name on various products; and operates Joybird, an omni-channel, direct to consumer retailer and manufacturer of upholstered furniture, as well as sells to the end consumer primarily online through its www.joybird.com website and small-format stores in key markets. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is headquartered in Monroe, Michigan.
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