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Stock impact report

La-Z-Boy Incorporated Announces Sale of American Drew and Kincaid Wholesale Casegoods Businesses

La-Z-Boy Incorporated (LZB) 
Last la-z-boy incorporated earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: lazboy.gcs-web.com/investor-overview
Company Research Source: GlobeNewswire
Key Highlights: American Drew and Kincaid wholesale casegoods businesses to be sold to Banner House (formerly Magnussen Home Furnishings, Inc.), a multi-branded portfolio of home furnitureTransaction is scheduled to close in mid-MayLa-Z-Boy will continue to offer casegoods products in its 374 stores across North America as part of its whole home solution for consumersSeamless transition expected for existing customers, dealers, and suppliersTransaction advances La-Z-Boy Incorporated progress of focusing on its core, vertically integrated North American upholstery business MONROE, Mich., April 21, 2026 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, announced the sale of its American Drew and Kincaid wholesale casegoods businesses to Banner House (formerly Magnussen Home Furnishings, Inc.), a multi-branded portfolio of home furniture. The transaction is subject to customary closing conditions and is curr Show less Read more
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