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La-Z-Boy Dumps Two Brands by May

Saturday, April 25, 2026

Today's Trade Leaks

1
LZB

La-Z-Boy Sells Units to Focus on Core Biz—Deal Closes Mid-May

La-Z-Boy's shaking things up. Selling off American Drew and Kincaid to Banner House. Why? To zero in on its core upholstery biz. A bold move in their "Century Vision" strategy. But will it pay off? Mid-May's the deadline. Stay tuned.
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2
MMM

3M Beats Profit But Misses Sales Growth—What's Up?

3M nailed profit but stumbled on sales growth. Earnings hit $2.14 a share, topping forecasts. But sales rose just 1.2%, missing the 2% target. The company’s data center push is strong, yet automotive and consumer lines lag. With volatile markets and ongoing legal battles, what’s next for 3M’s growth?
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3
T

AT&T Misses Wireless Targets, Stock Takes a Hit

AT&T's stock took a nosedive. Over 3% down. But wait, they beat revenue and profit expectations. So why the drop? Wireless revenue missed the mark. Analysts wanted $17.02B, but AT&T delivered $16.94B. In a fierce mobile market, even a tiny miss hurts. Can their fiber expansion offset this slip?
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