![LA-Z-BOY INC [LZB] posts $31.58M profit as revenue falls 6.32% to $572.72M](/_next/image?url=http%3A%2F%2F10kinfo-appdata.s3.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FLZB.png&w=3840&q=75)
LA-Z-BOY INC [LZB] posts $31.58M profit as revenue falls 6.32% to $572.72M
By USInMinutes
Published - Feb 22, 2023, 06:50 AM ET
Last Updated - Mar 06, 2023, 02:16 PM EST
| EPS: | 0.74 | Net Sales: | $572.72M |
LA-Z-BOY INC [LZB] posted a profit of $31.58M, marking a fall of 32.50% for this quarter.
Revenue fell to $572.72M this quarter compared to $611.33M in the previous quarter.
The Michigan(MI)-based company’s earnings per share came in at 0.74, compared to 1.07 in the last report.
According to the latest quarterly report the company has filed with the SEC, current earnings were $31.58M, down 32.50% from $46.78M.
The company’s net sales for the period were $572.72M, down 6.32%. Net sales in the previous quarter were $611.33M.
