La-Z-Boy: Fiscal 2Q Earnings Snapshot

MONROE, Mich. (AP) _ La-Z-Boy Inc. (LZB) on Tuesday reported fiscal second-quarter profit of $34.9 million.

The Monroe, Michigan-based company said it had net income of 75 cents per share. Earnings, adjusted for non-recurring costs, came to 82 cents per share.

The furniture company posted revenue of $459.1 million in the period.

La-Z-Boy shares have increased 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $38.42, an increase of 3% in the last 12 months.


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