3 Reasons This Value Stock Is Ready to Grow Again

Leaving the lounging to its customers, well-known furniture maker La-Z-Boy (NYSE: LZB) is emerging from the tail end of the COVID-19 lockdowns with a surge of orders, sales, and growth.

Even though its stock price took an 11.7% hit after its latest earnings report on June 15 (the drop was possibly related to supply chain issues), the report showed that La-Z-Boy isn't just outdoing 2020's doldrums but is charging ahead of its successful 2019, too.

Here are three reasons its growth will likely continue on a medium and even long-term basis.

Source Fool.com