La-Z-Boy surges 20% on strong earnings while Lionsgate dips on Netflix bid denial

Earnings
โดย Seeking Alpha·Read original
Summary · why it matters

La-Z-Boy shares jumped 20% in premarket trading after the furniture maker reported fiscal fourth-quarter results that beat expectations and issued upbeat guidance. Adjusted earnings per share rose 37% year-over-year, revenue slightly exceeded forecasts as an 11% increase in retail sales offset weaker wholesale demand, and adjusted operating margin expanded to 9.9%. Management authorized a new $300 million share repurchase program and guided first-quarter revenue above consensus. Lionsgate Studios fell 5% after a report said Netflix has no interest in acquiring the studio, unwinding recent takeover speculation. SpaceX continued to climb, adding 4% as Michael Burry confirmed he is not shorting the stock despite questioning its multi-trillion-dollar valuation, while Sophia Genetics declined 4% after pricing a $50 million public offering at $4.75 per share.

Impact on stocks 6

Communication Services▼ · 2 stocks
Artificial Intelligence▼ · 2 stocks
Sophia Genetics SA
SOPH
▼ NegativeCapitalrelevance

Priced a $50M public offering at $4.75 per share, diluting existing shareholders.

Consumer Discretionary▲ · 1 stocks
La-Z-Boy Incorporated
LZB
▲ PositiveCapitalrelevance

Beat earnings expectations, issued upbeat guidance, and authorized $300M buyback.

Space Economy▲ · 1 stocks
© 2026 MarketDXNews