4 Top Furniture Industry Stocks To Buy Amid Solid Housing & R&R Trend

Price and Consensus: AMWD

La-Z-Boy Incorporated: Based in Monroe, MI, this Zacks Rank #2 company manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and case goods furniture products. Higher discretionary spending to home furnishings has been bliss for La-Z-Boy. Moreover, lower expenses have been providing a boost to its margins.

The stock has gained 35.5% in the past year. The company has an expected earnings growth of 26.4% for fiscal 2021. The Zacks Consensus Estimate for its fiscal 2021 earnings has moved up 27.6% over the past 30 days.

Price and Consensus: LZB

Sleep Number Corporation: Headquartered in Minneapolis, MN, this Zacks Rank #1 company provides sleep solutions and services in the United States. It has been reaping benefits from solid demand for its smart beds. The company has been demonstrating the resilience of its vertical business model through the top and bottom-line performance. The company has been accelerating strategic initiatives, strengthening competitive advantages, and creating meaningful value for customers, team, business partners, and shareholders.

The stock has gained 90.4% in the past year. The company currently carries a Zacks Rank #2 and has an expected earnings growth of 6.4% for 2021. The Zacks Consensus Estimate for its 2021 earnings has moved up 3.6% over the past 60 days.

Price and Consensus: SNBR

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