La-Z-Boy: Overview of Fiscal Third Quarter Earnings
La-Z-Boy Announces Third Quarter Financial Results
La-Z-Boy Inc., headquartered in Monroe, Michigan, revealed a net profit of $21.7 million for its fiscal third quarter, according to a report released on Tuesday.
The company’s earnings translated to 52 cents per share, while adjusted earnings—excluding certain pretax costs—amounted to 61 cents per share.
During this quarter, La-Z-Boy generated $541.6 million in total revenue.
Looking ahead, the furniture manufacturer anticipates revenue between $560 million and $580 million for the quarter ending in April.
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