La-Z-Boy profit falls 41.6%
Article Abstract:
The net income of La-Z-Boy, the giant manufacturer and retailer has nosedive by 41.6% as the company shoed declining profits for the seventh consecutive quarter. Though sales shoed a marginal rise of 4.4% in the quarter ended Oct.23, profits have been hampered by rising raw material cost and inefficiencies at production plants. The company is however optimistic of the future with a clear strategy established.
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 2004
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Hooker profit jumps 23.8%
Article Abstract:
The net income of Hooker Furniture Corp. surged from 23.8% to $18.2 million. The relevant details of the sales and earnings increases in its fiscal year ended Nov. 30 due to the gains at its Bradington-Young upholstery unit are presented.
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 2005
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Hooker earnings down
Article Abstract:
Virginia based Hooker Furniture, the manufacturer and importer of wood and upholstered furniture has reported that the sales totaled $341 million for the year ended Nov. 30 in 2005, down 1.4% from 2004.
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 2006
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