First quarter net income for La-Z-Boy Inc., which employs more than 1,000 at its Neosho plant, were $451 million, down from $455 million during the same period last year, according to PR Newswire.
CEO Kurt Darrow said results were down due to a "weaker-than-expected retail environment," and costs from the 21 La-Z-Boy Furniture Galleries stores the company bought in the fourth quarter of fiscal 2005.
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