La-Z-Boy Inc. (LZB) reported second quarter net income of $0.12 per share after the close Wednesday, down from $0.15 per share in the prior year. The consensus estimate was for EPS of $0.20.
La-Z-Boy gapped open lower Thursday, but traded in a range for the bulk of the session. The stock ended the day with a loss of 1.57 at $14.60, with volume at a 5-month high. La-Z-Boy closed testing support, trading at nearly a 2-week low.
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