La-Z-Boy (LZB): Retail Focus And Weak Cash Flow Could Spell Slowdown Ahead

La-Z-Boy’s (NYSE:LZB) strong return and growth in the past five years is a result of both its strong brand and effective sales network and strategy. This strategy, however, may not work well in a weak consumer sentiment environment. With its weakening free cash flow, the company could have a slowdown in its growth and earnings more than currently priced in by the market. We see LZB stock’s recent jump as rich in premium and a chance to sell.

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