NEW YORK, March 25, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Fortune Brands Home & Security, Inc. (NYSE: FBHS), Tempur Sealy International, Inc. (NYSE: TPX), Leggett & Platt, Incorporated (NYSE: LEG), Select Comfort Corporation (NASDAQ: SCSS), and La-Z-Boy Inc. (NYSE: LZB). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Fortune Brands Home & Security, Inc. Analyst Notes
On March 4, 2014, Fortune Brands Home & Security, Inc. (Fortune Brands) announced that it has been named to FORTUNE magazine's 2014 List of World's Most Admired Companies for the third consecutive year. The Company was graded third in the Home Equipment, Furnishings category in 2014, improving in six of the nine key attributes used to rank corporate reputation. "We are honored to receive this prestigious recognition as our Company caps off an excellent second full year as an independent Company," said Chris Klein, CEO, Fortune Brands. "On behalf of our more than 19,000 associates, we are proud to be recognized at this critical time as the market for our products expands and our own strong performance puts us on track for continued growth." The full analyst notes on Fortune Brands Home & Security, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03252014/FBHS/report.pdf
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Tempur Sealy International, Inc. Analyst Notes
On March 18, 2014, Tempur Sealy International, Inc. (Tempur Sealy) announced that Lawrence J. Rogers will retire as the Company's President and CEO of Sealy Corporation (Sealy) effective April 5, 2014. According to the Company, Mr. Rogers' leadership responsibilities will transition to Tim Yaggi, Chief Operating Officer and David Montgomery, Executive Vice President and President, International. The Company also announced that its Board of Directors has voted to expand its Board to eleven directors and elect Mr. Rogers to the Board of Directors effective March 27, 2014. Mr. Rogers had joined Tempur Sealy in March 2013, when the Company acquired Sealy, and served as Sealy's President and CEO from 2008 until his retirement in April 2014. The full analyst notes on Tempur Sealy International, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/0325014/TPX/report.pdf
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Leggett & Platt, Incorporated Analyst Notes
On February 26, 2014, Leggett & Platt, Incorporated (Leggett & Platt) announced that its Board of Directors has authorized and declared a quarterly dividend in the amount of $0.30 per share for Q1 2014, an increase of 3.4% YoY. The dividend is payable on April 15, 2014 to shareholders of record on March 14, 2014. Leggett & Platt informed that it has increased its annual dividend for 43 consecutive years at a compound annual growth rate of 13%, a record achieved by only one other S&P 500 company. The full analyst notes on Leggett & Platt, Incorporated are available to download free of charge at:
http://www.AnalystsReview.com/03252014/LEG/report.pdf
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Select Comfort Corporation Analyst Notes
On March 19, 2014, Select Comfort Corporation (Select Comfort) announced that David Callen has been appointed as the Company's Senior Vice President and CFO while Patricia Dirks was named as the Company's Senior Vice President and Chief Human Capital Officer. Select Comfort informed that both the appointments will be effective as of April 7, 2014. As the CFO, Mr. Callen will advance the Company's financial growth plan and lead the finance team; while Ms. Dirks will continue to evolve the Company's culture of innovation and individualization and be responsible for all human capital functions. The full analyst notes on Select Comfort Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03252014/SCSS/report.pdf
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La-Z-Boy Inc. Analyst Notes
On February 18, 2014, La-Z-Boy Inc. (La-Z-Boy) reported its Q3 FY 2014 financial results (period ended January 25, 2014). For the quarter, the Company reported total sales of $350.4 million, up 3.0% YoY. Net income from continuing operations attributable to La-Z-Boy totaled $17.2 million, or $0.32 per diluted share, slightly higher as compared to $16.8 million, or $0.31 per diluted share in Q3 FY 2013. Commenting on the quarterly performance, Kurt L. Darrow, Chairman, President and CEO of La-Z-Boy, said, "We believe the fundamental pace of our business and ability to improve our profitability on sales growth remains steady and unchanged. During the third quarter, however, weather conditions did have some impact on sales, production and deliveries. Moving forward, we are confident we have the right plan in place to grow the company through our 4-4-5 store strategy while enjoying the benefits of our lean manufacturing structure. At the same time, our integrated retail model is delivering results and our sales, merchandising and marketing teams are driving market share gains." The full analyst notes on La-Z-Boy Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03252014/LZB/report.pdf
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