La-Z-Boy posts quarterly loss

ATLANTA, Feb 13 (Reuters) - La-Z-Boy Inc. on Tuesday posted a quarterly loss as sales fell and it wrote down the value of assets of businesses it plans to sell.
The Monroe, Michigan, furniture maker and retailer reported a loss of $7.8 million, or 15 cents a share, for the third quarter ended Jan. 27, compared with earnings of $10.5 million, or 20 cents a share, a year earlier.
((Reporting by Karen Jacobs, editing by Gary Hill; Reuters Messaging: karen.jacobs.reuters.com@reuters.net; +1 404 493 3656)) Keywords: LAZBOY RESULTS/
Reuters 2007. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.nWEN4238

C

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Purchase Licensing Rights