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Shares of La-Z-Boy Inc Rank the Lowest in Terms of Projected Earnings Growth in the Home Furnishings Industry (LZB, ETH, TPX, LEG, MHK)

By Amy Schwartz

Below are the three companies in the Home Furnishings industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

La-Z-Boy Inc ranks lowest with a projected earnings growth of 4.9%. Ethan Allen is next with a projected earnings growth of 10.6%. Tempur Sealy Int ranks third lowest with a projected earnings growth of 11.6%.

Leggett & Platt follows with a projected earnings growth of 11.8%, and Mohawk Inds rounds out the bottom five with a projected earnings growth of 15.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Mohawk Inds on January 11th, 2018 by issuing a Downtrend alert when the shares were trading at $271.09. Since that call, shares of Mohawk Inds have fallen 11.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth la-z-boy inc ethan allen tempur sealy int leggett & platt mohawk inds

Ticker(s): LZB ETH TPX LEG MHK