La-Z-Boy Incorporated (LZB) has disclosed a new risk, in the Capital Markets category.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
La-Z-Boy Incorporated faces significant business risks due to potential changes in trade policies, including tariffs and import/export regulations by the U.S. and other foreign governments. Such changes could lead to increased costs for raw materials and finished goods, impacting the company’s margins and competitiveness. The company operates in multiple countries, including the U.S., Mexico, the U.K., China, and Vietnam, making it vulnerable to shifts in trade agreements and tariffs. If La-Z-Boy cannot effectively mitigate these risks through supply chain adjustments or pricing strategies, its financial performance and growth prospects could be adversely affected.
The average LZB stock price target is $46.00, implying 20.17% upside potential.
To learn more about La-Z-Boy Incorporated’s risk factors, click here.