La-Z-Boy Inc’s stock price has plummeted after the company reported a 24% drop in profit and missed earnings expectations, citing uneven consumer demand and challenges in its Joybird division.

La-Z-Boy Inc’s recent earnings report fell short of expectations, with disappointing revenue and EPS, highlighting uneven consumer demand and a challenging financial landscape for the home furniture company.

La-Z-Boy Inc’s fourth quarter financial results show a mixed performance, but the company’s strategic growth initiatives and adaptability suggest a promising path forward amidst market volatility.