La-Z-Boy Incorporated (LZB)
La-Z-Boy Incorporated is a leading manufacturer and retailer of upholstered furniture, known for its innovative designs and quality craftsmanship. Headquartered in Monroe, Michigan, the company operates across the United States, Canada, and internationally, offering a diverse range of products that include sofas, chairs, and home décor accessories. With a strong brand presence and a commitment to sustainability, La-Z-Boy is well-positioned to capture market share in the growing home furnishings sector while meeting evolving consumer preferences.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 11.05% per annum.
- LZB price at the close of March 20, 2026 was $31.54 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 76.63% per annum.
- LZB price at the close of March 20, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of LZB price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 16, 2024
End date: March 20, 2026
a = 4.1325
b = -0.0003
s = 0.0735
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.05%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0735) – 1
= 34.19%
July 16, 2024 calculations
Top border of price channel:
Exp(Y834)
= Exp(a + b × X834 + 2 × s)
= Exp(a + b × 1,212 + 2 × s)
= Exp(4.1325 + -0.0003 × 1,212 + 2 × 0.0735)
= Exp(3.8906)
= $48.94
Bottom border of price channel:
Exp(Y834)
= Exp(a + b × X834 – 2 × s)
= Exp(a + b × 1,212 – 2 × s)
= Exp(4.1325 + -0.0003 × 1,212 – 2 × 0.0735)
= Exp(3.5965)
= $36.47
March 20, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(4.1325 + -0.0003 × 1,824 + 2 × 0.0735)
= Exp(3.6942)
= $40.21
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.1325 + -0.0003 × 1,824 – 2 × 0.0735)
= Exp(3.4001)
= $29.97
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 11.05% per annum.
- LZB price at the close of March 20, 2026 was $31.54 and was inside the primary price channel.
Secondary Trend
Start date: February 4, 2026
End date: March 20, 2026
a = 10.7469
b = -0.0040
s = 0.0170
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0040) – 1
= -76.63%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0170) – 1
= 7.03%
February 4, 2026 calculations
Top border of price channel:
Exp(Y1,224)
= Exp(a + b × X1,224 + 2 × s)
= Exp(a + b × 1,780 + 2 × s)
= Exp(10.7469 + -0.0040 × 1,780 + 2 × 0.0170)
= Exp(3.6909)
= $40.08
Bottom border of price channel:
Exp(Y1,224)
= Exp(a + b × X1,224 – 2 × s)
= Exp(a + b × 1,780 – 2 × s)
= Exp(10.7469 + -0.0040 × 1,780 – 2 × 0.0170)
= Exp(3.6229)
= $37.45
March 20, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(10.7469 + -0.0040 × 1,824 + 2 × 0.0170)
= Exp(3.5156)
= $33.64
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(10.7469 + -0.0040 × 1,824 – 2 × 0.0170)
= Exp(3.4477)
= $31.43
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 76.63% per annum.
- LZB price at the close of March 20, 2026 was inside the secondary price channel.