La-Z-Boy: Fiscal Q1 Earnings Snapshot

MONROE, Mich. (AP) _ La-Z-Boy Inc. (LZB) on Tuesday reported fiscal first-quarter earnings of $24.6 million.

The Monroe, Michigan-based company said it had profit of 54 cents per share. Earnings, adjusted for non-recurring costs, came to 55 cents per share.

The furniture company posted revenue of $524.8 million in the period.

La-Z-Boy shares have fallen 14% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $34.29, a rise of nearly 5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LZB at https://www.zacks.com/ap/LZB

Categories: Business News