UPDATE: La-Z-Boy Posts Downbeat FQ2 Profit
November 29, 2012 at 02:07 AM EST
La-Z-Boy (NYSE: LZB ) reported a 16% drop in its fiscal second-quarter earnings. La-Z-Boy's quarterly earnings fell to $6.6 million, or $0.12 per share, from $7.9 million, or $0.15 per share, in the year-ago period. Its revenue climbed 8% to $332.3 million. However, analysts were expecting earnings of $0.20 per
