BUZZ-La-Z-Boy shares on track for biggest jump since June 2024 after results

Reuters11-19

** Shares of La-Z-Boy LZB.N are up about 19% on Wed and on track for their biggest daily pct gain since June 2024 after the co reported stronger-than-expected quarterly results and announced a 10% increase in its qtrly dividend

** The stock also hit its highest since September

** The furniture co also said it is successfully navigating current trade and tariff volatility

** The median 12-mo PT on the stock is $42.50; the stock was last at $35.28

** Just three analysts cover the stock, and their recommendations include one "strong buy," one "buy" and one "hold"

** Including the session move, LZB shares are still down about 19% YTD compared with a roughly 13% gain in the S&P 500 .SPX in that period

(Reporting by Caroline Valetkevitch )

((caroline.valetkevitch@thomsonreuters.com))

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