MONROE, MI -- La-Z-Boy reported sales of $440.5 million, a 1.7% increase for its second fiscal quarter. Keith Darrow, president and CEO of La-Z-Boy, said, "We were challenged with sales volume this quarter which was reflective of recent trends in furniture demand throughout the broader industry…We continue to be encouraged by our ability to improve wholesale margins on essentially flat volume during what continues to be a difficult period." Read more.
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