La-Z-Boy Inc.  (LZB) - Get LaZBoy Incorporated Report shares were climbing Wednesday, following the retailer's fiscal third-quarter earnings beat.

The company reported that profit rose about 137% from the prior year to $28.7 million. The Monroe, Mich.-based company said sales rose about 13% to $468 million from $414 million a year ago.

Earnings were 61 cents, and 63 cents a share when adjusted for non-recurring costs, up from 25 cents a share last year. Analysts expected adjusted earnings of 55 cents a share on sales of $458 million, according to FactSet.

The furniture maker announced after the close of the market Tuesday that its retail segment doubled operating income. The quarter included a one-time 7-cents-per-share boost from redesigning its benefits programs. It also reported gains on sales from its recent acquisitions.

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The stock was up 8.72% at $35.03 on Wednesday.