Sunday, February 14, 2016
Current Weather
Loading Current Weather....
Published: Wednesday, 2/20/2013

La-Z-Boy posts $17.1M third-quarter profit


MONROE — Furniture maker La-Z-Boy Inc. on Tuesday reported a fiscal third-quarter profit of $17.1 million, or 32 cents a share, up 14 percent over the same period a year ago, when its profits totaled $15 million, or 28 cents per share.

La-Z-Boy, the Monroe-based maker of its trademark recliner chair, said its fiscal 2013 quarterly revenues totaled $349.1 million, up 10 percent over the fiscal third quarter of 2012. Sales in the company’s upholstered furniture segment rose 12.3 percent to $280 million, while sales of its wooden furniture were down 4.7 percent to $32.6 million. Sales in its retail segment were up 24.6 percent to $72.8 million.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories