La-Z-Boy Inc Q3 Sales Increase

La-Z-Boy Inc (LZB) revealed a profit for third quarter of $28.429 million

The company's bottom line totaled $28.429 million, or $0.68 per share. This compares with $28.640 million, or $0.66 per share, last year.

Excluding items, La-Z-Boy Inc reported adjusted earnings of $28.619 million or $0.68 per share for the period.

The company's revenue for the period rose 4.4% to $522 million from $500 million last year.

La-Z-Boy Inc earnings at a glance (GAAP) :

-Earnings: $28.429 Mln. vs. $28.640 Mln. last year.
-EPS: $0.68 vs. $0.66 last year.
-Revenue: $522 Mln vs. $500 Mln last year.

-Guidance:
Next quarter revenue guidance: $545 - $565 Million

by RTTNews Staff Writer

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