La-Z-Boy: Fiscal 3Q Earnings Snapshot

MONROE, Mich. (AP) _ La-Z-Boy Inc. (LZB) on Tuesday reported fiscal third-quarter net income of $29.2 million.

The Monroe, Michigan-based company said it had net income of 62 cents per share. Earnings, adjusted for non-recurring costs, came to 74 cents per share.

The furniture company posted revenue of $470.2 million in the period.

La-Z-Boy shares have risen slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $39.95, an increase of 25% in the last 12 months.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LZB at

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