Morning Movers Gapping up $TJX Companies (TJX.US)$earnings beat by $0.04, and its revenue topped estimates. Shares rose by 3.5% in premarket trading. $Target (TGT.US)$stock soared 14.6% after the big box retailer raised its annual profit forecast and beat expectations for second-quarter comparable sales, attracting customers with low priced groceries and essentials. $Toll Brothers (TOL.US)$stock rose by 0.9% after the homebuildi...
The diminishing returns on increasing amounts of capital employed by La-Z-Boy is a concern. If these trends persist, there might be better investment opportunities elsewhere.
The company's Q3 results missed Wall Street's estimates, indicating weak business quality. With an annualized revenue growth rate of 3.7% over the last five years and declines of 3.2% over the last two years, its cash profitability is mediocre and expected to fall further.
La-Z-Boy is undervalued, presenting a potential opportunity to accumulate more holdings. The current share price doesn't fully reflect the company's future outlook, suggesting it's not too late to buy LZB. Consider other factors like management's track record before investing.
La-Z-Boy Stock Forum
Gapping up
$TJX Companies (TJX.US)$ earnings beat by $0.04, and its revenue topped estimates. Shares rose by 3.5% in premarket trading.
$Target (TGT.US)$ stock soared 14.6% after the big box retailer raised its annual profit forecast and beat expectations for second-quarter comparable sales, attracting customers with low priced groceries and essentials.
$Toll Brothers (TOL.US)$ stock rose by 0.9% after the homebuildi...
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