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La-Z-Boy profit rises, revenue misses estimates

2015-06-17 00:05:06| Furniture - Topix.net

Furniture manufacturer and retailer La-Z-Boy Inc. said Tuesday that profit rose in its fiscal fourth quarter thanks to improved margins, but revenue fell short of estimates. The Michigan-based company last year stopped its domestic production of wood furniture, exited the hospitality business and started importing wood furniture.

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Category:Consumer Goods and Services

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