Tuesday, June 19, 2007

La-Z-Boy posts 4th-qtr profit

(Reuters) - The Monroe, Michigan-based company posted fiscal fourth-quarter income of $7.7 million, or 16 cents per share, from continuing operations. In the year-ago quarter ended April 29, it had a loss of $10.3 million, or 24 cents a share.




The most recent quarter included a restructuring charge of 8 cents per share and a gain of 14 cents a share from properties sales.


Read more at Reuters.com Market News

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