La-Z-Boy Incorporated reported earnings results for the third quarter and nine months ended January 27, 2024. For the third quarter, the company reported sales was USD 500.41 million compared to USD 572.72 million a year ago. Net income was USD 28.64 million compared to USD 31.73 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to USD 0.74 a year ago.
For the nine months, sales was USD 1,493.49 million compared to USD 1,788.15 million a year ago. Net income was USD 83.32 million compared to USD 116.29 million a year ago. Basic earnings per share from continuing operations was USD 1.94 compared to USD 2.7 a year ago. Diluted earnings per share from continuing operations was USD 1.92 compared to USD 2.7 a year ago.