La-Z-Boy: Fiscal Q1 Earnings Snapshot

MONROE, Mich. (AP) — MONROE, Mich. (AP) — La-Z-Boy Inc. (LZB) on Tuesday reported a loss of $2.3 million in its fiscal first quarter.

On a per-share basis, the Monroe, Michigan-based company said it had a loss of 6 cents. Earnings, adjusted for non-recurring costs, were 43 cents per share.

The furniture company posted revenue of $475.7 million in the period.

For the current quarter ending in October, La-Z-Boy said it expects revenue in the range of $500 million to $520 million.

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