MONROE, Mich. (AP) — MONROE, Mich. (AP) — La-Z-Boy Inc. (LZB) on Tuesday reported net income of $26.2 million in its fiscal first quarter.
On a per-share basis, the Monroe, Michigan-based company said it had profit of 61 cents. Earnings, adjusted for non-recurring costs, came to 62 cents per share.
The furniture company posted revenue of $495.5 million in the period.
For the current quarter ending in October, La-Z-Boy said it expects revenue in the range of $495 million to $515 million.
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