La-Z-Boy (LZB) FQ2 results beat EPS expectations but miss on a revenue basis. The company...
Wednesday, November 30, 2011, 7:03 PM ETLa-Z-Boy (LZB) FQ2 results beat EPS expectations but miss on a revenue basis. The company reports an EPS of $0.15 on sales of $307M, versus the Street view of $0.14 on sales of $310M. For its outlook, the company says it expects the operating environment to "remain challenging" due to low consumer confidence levels, a depressed housing market and volatility in the financial markets.
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