La-Z-Boy sales down

Thomas, Larry
June 2006
Furniture/Today;6/12/2006, Vol. 30 Issue 39, p1
Trade Publication
The article reports on the financial performance of La-Z-Boy Inc. in Monroe, Michigan. The sales of the company decreases by 10.1 percent on the fourth quarter of its retail activity. Its net loss reaches 3 million dollars and a profit of 37.2 million dollars. An operating loss of the company's 63 furniture galleries stores was reported to reach 26 million dollars. Also, the company's upholstery sales decrease by 12.5 percent in the latest quarter.


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