Stock Movers La-Z-Boy Tumbles, Target Slumps, TJ Maxx Rises on Earnings
Aug 20, 2025
Lazy Boy faces a tumble as its earnings disappoint. Meanwhile, Target's leadership shakeup raises concerns about its future amid struggling sales. On a brighter note, TJ Maxx shines by boosting its earnings outlook as budget-conscious shoppers flock to its stores. The discussion also touches on broader market movements and investment strategies, including insights into active ETFs.
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La-Z-Boy Sales And Costs Pressure Shares
- La-Z-Boy shares plunged after weaker-than-expected Q1 results and declining same-store sales.
- Management cited a challenged consumer and higher expenses that squeezed EPS.
Hosts Joking About Recliner Features
- Paul joked about a La-Z-Boy with a mini fridge and cup holders as a light aside.
- Carmen offered to follow up rather than confirm the novelty product.
Insider CEO Choice Weighs On Target
- Target named current COO Michael Fiddelke as CEO and reaffirmed its full-year sales outlook.
- The insider hire sparked concern that limited change will hinder a faster turnaround at Target.