La-Z-Boy 1Q sales slip 2.3%, earnings drop 28.5%

Thomas, Larry
August 2006
Furniture/Today;8/21/2006, Vol. 30 Issue 49, p66
Trade Publication
The article provides an overview of the financial performance of La-Z-Boy, a furniture manufacturer and importer, in the first quarter of 2006. The company posted a decline in sales by 2.3 percent for the period. Its net income has also declined by 28.5 percent. President Kurt Darrow cites the poor retail business conditions as the reason for the decline in the company's sales for the period.


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