Furniture retailer La-Z-Boy (LZB) posted mixed results for its fiscal fourth quarter, with a decline in upholstery sales partly offsetting gains in the company’s retail segment, which was buoyed by contributions from two acquisitions. The Monroe, Mich.-based company, generated sales of $453.8 million in the three months ended April 27, […]
Shares of Nomura (NMR, 8604.T) surged on Wednesday after the Japanese brokerage house said that its board has approved a program to buy back up to 150 billion yen of shares ($1.38 billion) while concurrently agreeing to lower the company’s stake in Nomura Research Institute. The repurchase program will run […]
Winnebago Industries (WGO) reported mixed results for its fiscal third quarter as revenue in its motorhome segment sank because a supplier problem with chassis, and the company’s chief executive said materials costs are “volatile” because of tariffs. Revenue fell 5.9% to $528.9 million in the fiscal third quarter ended May […]