MONROE, Mich. (AP) — MONROE, Mich. (AP) — La-Z-Boy Inc. (LZB) on Tuesday reported profit of $21.7 million in its fiscal third quarter.

The Monroe, Michigan-based company said it had net income of 52 cents per share. Earnings, adjusted for pretax expenses, came to 61 cents per share.

The furniture company posted revenue of $541.6 million in the period.

For the current quarter ending in April, La-Z-Boy said it expects revenue in the range of $560 million to $580 million.

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