La-Z-Boy 40 sales down 9.4%

Thomas, Larry
June 2007
Furniture/Today;6/25/2007, Vol. 31 Issue 41, p74
Trade Publication
The article reports that Monroe, Michigan-based La-Z-Boy's sales for the quarter ended April 28, 2007 has decreased by 9.4%. Sales for the quarter were $406.9 million, while net income totaled $7.7 million. President and CEO Kurt Darrow says that despite significantly lower volume in wholesale businesses, the company has maintained its operating margins.


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