La-Z-Boy Completes Acquisition of Two Stores in New Orleans

MT Newswires Live10-15

La-Z-Boy (LZB) has completed its acquisition of two La-Z-Boy stores in New Orleans, Louisiana, the company said Thursday.

The acquisition brings the number of company-owned stores to an all-time high of 237, representing more than 62% of all La-Z-Boy stores, according to a statement.

La-Z-Boy said it aims to open around 10 new stores per year, with the majority being company-owned.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment