Check out the companies making headlines in premarket trading. La-Z-Boy — Shares jumped more than 9% after La-Z-Boy's latest quarterly results beat expectations. The furniture company posted fiscal fourth-quarter adjusted earnings of 95 cents per share on revenue of $554 million. Analysts polled by LSEG anticipated earnings of 70 cents per share on revenue of $516 million. Semiconductor stocks — Chip stocks were higher on Tuesday, adding to the outperformance seen in recent days.
The units will comprise both a 5% undivided ownership stake in NextEra Energy Capital Holdings as well as a contract to purchase NextEra stock by June 1, 2027. Kroger — Shares added 1.7% following an upgrade from BMO Capital Markets to outperform from market perform. The firm believes the recent pullback has created an attractive entry point for the grocery chain. Lennar — Shares of the homebuilder slid 3.5% despite stronger than expected results for the second quarter. Lennar reported $3.
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