EXHIBIT 99.2

LA-Z-BOY INCORPORATED
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

	Unaudited						Unaudited
	For the Quarter Ended						For the Year Ended
	4/26/2008			4/28/2007			4/26/2008			4/28/2007
(Amounts in thousands, except per share data)	(13 weeks)			(13 weeks)			(52 weeks)			(52 weeks)
Sales	$	368,030		$	408,078		$	1,450,941		$	1,621,460
Cost of sales
Cost of goods sold		260,777			296,053			1,051,656			1,189,734
Restructuring		2,610			3,771			5,057			3,371
Total cost of sales		263,387			299,824			1,056,713			1,193,105
Gross profit		104,643			108,254			394,228			428,355
Selling, general and administrative		102,192			92,955			399,470			388,738
Restructuring		632			2,542			3,078			7,662
Write-down of intangibles		2,617			—			8,426			—
Operating income (loss)		(798	)		12,757			(16,746	)		31,955
Interest expense		7,534			2,316			13,899			10,206
Income from Continued Dumping and Subsidy Act, net		—			—			7,147			3,430
Interest income		575			1,255			3,614			3,952
Other income (expense), net		691			173			5,393			727
Income (loss) from continuing operations before income taxes		(7,066	)		11,869			(14,491	)		29,858
Income tax (benefit) expense		(2,595	)		3,434			(6,954	)		10,090
Income (loss) from continuing operations		(4,471	)		8,435			(7,537	)		19,768
Income (loss) from discontinued operations (net of tax)		50			(724	)		(6,000	)		(15,629	)
Net income (loss)	$	(4,421	)	$	7,711		$	(13,537	)	$	4,139
Basic average shares		51,425			51,373			51,408			51,475
Basic income (loss) from continuing operations per share	$	(0.09	)	$	0.16		$	(0.15	)	$	0.38
Discontinued operations (net of tax)		—			(0.01	)		(0.11	)		(0.30	)
Basic net income (loss) per share	$	(0.09	)	$	0.15		$	(0.26	)	$	0.08
Diluted average shares		51,425			51,522			51,408			51,606
Diluted income (loss) from continuing operations per share	$	(0.09	)	$	0.16		$	(0.15	)	$	0.38
Discontinued operations (net of tax)		—			(0.01	)		(0.11	)		(0.30	)
Diluted net income (loss) per share	$	(0.09	)	$	0.15		$	(0.26	)	$	0.08
Dividends paid per share	$	0.04		$	0.12		$	0.40		$	0.48

LA-Z-BOY INCORPORATED
CONDENSED CONSOLIDATED BALANCE SHEET

	Unaudited As of
(Amounts in thousands, except par value)	4/26/2008			4/28/2007
Current assets
Cash and equivalents	$	14,982		$	51,721
Receivables, net of allowance of $17,942 in 2008 and $13,635 in 2007		200,422			230,399
Inventories, net		178,361			197,790
Deferred income taxes — current		12,398			17,283
Assets of discontinued operations		—			24,278
Other current assets		21,325			19,327
Total current assets		427,488			540,798
Property, plant and equipment, net		171,001			183,218
Deferred income taxes — long term		26,922			15,380
Goodwill		47,233			55,659
Trade names		9,006			9,472
Other long-term assets, net of allowance of $2,801 in 2008 and $1,942 in 2007		87,220			74,164
Total assets	$	768,870		$	878,691
Current liabilities
Current portion of long-term debt	$	4,792		$	38,076
Accounts payable		56,421			66,242
Liabilities of discontinued operations		—			3,843
Accrued expenses and other current liabilities		102,700			118,591
Total current liabilities		163,913			226,752
Long-term debt		99,578			113,172
Other long-term liabilities		54,783			53,419
Contingencies and commitments		—			—
Shareholders’ equity
Preferred shares — 5,000 authorized; none issued		—			—
Common shares, $1 par value — 150,000 authorized; 51,428 outstanding in 2008 and 51,377 outstanding in 2007		51,428			51,377
Capital in excess of par value		209,388			208,283
Retained earnings		190,215			223,896
Accumulated other comprehensive income (loss)		(435	)		1,792
Total shareholders’ equity		450,596			485,348
Total liabilities and shareholders’ equity	$	768,870		$	878,691

LA-Z-BOY INCORPORATED
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

	Unaudited Quarter Ended						Unaudited Year Ended
(Amounts in thousands)	4/26/2008			4/28/2007			4/26/2008			4/28/2007
Cash flows from operating activities
Net income (loss)	$	(4,421	)	$	7,711		$	(13,537	)	$	4,139
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities
Write-down of intangibles		2,617			—			8,426			—
Write-down of assets from businesses held for sale (net of tax)		—			1,262			2,159			14,936
(Gain) loss on sale of discontinued operations (net of tax)		(198	)		345			3,696			(935	)
Restructuring		3,242			6,313			8,135			11,033
Provision for doubtful accounts		2,177			899			8,550			3,790
Depreciation and amortization		6,190			7,082			24,696			27,204
Stock option, restricted and performance based stock expense		1,362			748			4,527			3,959
Change in receivables		11,715			(14,624	)		20,956			5,064
Change in inventories		5,574			18,795			23,471			4,486
Change in payables		(5,287	)		7,621			(10,394	)		(11,607	)
Change in other assets and liabilities		(6,768	)		3,018			(25,419	)		(12,446	)
Change in deferred taxes		(3,557	)		(7,354	)		(6,027	)		(16,390	)
Total adjustments		17,067			24,105			62,776			29,094
Net cash provided by operating activities		12,646			31,816			49,239			33,233
Cash flows from investing activities
Proceeds from disposals of assets		1,023			21,698			8,761			46,974
Proceeds from sale of discontinued operations		—			9,493			4,169			42,659
Capital expenditures		(6,548	)		(4,817	)		(27,386	)		(25,811	)
Purchases of investments		(5,485	)		(4,704	)		(34,562	)		(18,165	)
Proceeds from sales of investments		5,338			5,508			35,580			17,342
Change in other long-term assets		(2,791	)		(1,298	)		(705	)		(955	)
Net cash provided by (used for) investing activities		(8,463	)		25,880			(14,143	)		62,044
Cash flows from financing activities
Net changes in debt		(50,108	)		(16,728	)		(50,929	)		(36,696	)
Stock issued/(canceled) for stock and employee benefit plans		(140	)		7			(269	)		1,340
Repurchases of common stock		—			—			—			(6,947	)
Dividends paid		(2,076	)		(6,212	)		(20,746	)		(24,886	)
Net cash used for financing activities		(52,324	)		(22,933	)		(71,944	)		(67,189	)
Effect of exchange rate changes on cash and equivalents		(52	)		(526	)		109			(456	)
Change in cash and equivalents		(48,193	)		34,237			(36,739	)		27,632
Cash and equivalents at beginning of period		63,175			17,484			51,721			24,089
Cash and equivalents at end of period	$	14,982		$	51,721		$	14,982		$	51,721

LA-Z-BOY INCORPORATED
Segment Information

	Unaudited						Unaudited
	For the Quarter Ended						For the Year Ended
	4/26/2008			4/28/2007			4/26/2008			4/28/2007
(Amounts in thousands)	(13 weeks)			(13 weeks)			(52 weeks)			(52 weeks)
Sales
Upholstery Group	$	277,458		$	304,674		$	1,084,418		$	1,198,378
Casegoods Group		48,770			64,403			213,896			262,721
Retail Group		48,902			54,481			190,180			220,319
VIEs/Eliminations		(7,100	)		(15,480	)		(37,553	)		(59,958	)
Consolidated		368,030			408,078			1,450,941			1,621,460
Operating income (loss)
Upholstery Group		22,961			18,286			70,332			78,724
Casegoods Group		1,752			5,127			10,151			20,289
Retail Group		(12,565	)		(7,939	)		(40,265	)		(31,161	)
Corporate and Other*		(7,087	)		3,596			(40,403	)		(24,864	)
Restructuring		(3,242	)		(6,313	)		(8,135	)		(11,033	)
Intangible write-down		(2,617	)		—			(8,426	)		—
Consolidated	$	(798	)	$	12,757		$	(16,746	)	$	31,955

* Variable Interest Entities (“VIEs”) are included in corporate and other.

LA-Z-BOY INCORPORATED
Unaudited Quarterly Financial Data

(Dollar amounts in thousands, except per share data)	7/28/2007			10/27/2007			1/26/2008			4/26/2008
Fiscal Quarter Ended	(13 weeks)			(13 weeks)			(13 weeks)			(13 weeks)
Sales	$	344,396		$	365,434		$	373,081		$	368,030
Cost of sales
Cost of goods sold		259,143			266,658			265,078			260,777
Restructuring		2,561			518			(632	)		2,610
Total cost of sales		261,704			267,176			264,446			263,387
Gross profit		82,692			98,258			108,635			104,643
Selling, general and administrative		94,508			98,098			104,672			102,192
Restructuring		1,120			449			877			632
Write-down of intangibles		—			5,809			—			2,617
Operating income (loss)		(12,936	)		(6,098	)		3,086			(798	)
Interest expense		2,097			2,120			2,148			7,534
Income from Continued Dumping and Subsidy Offset Act, net		—			—			7,147			—
Interest income		882			1,023			1,134			575
Other income, net		566			351			3,785			691
Income (loss) from continuing operations before income taxes		(13,585	)		(6,844	)		13,004			(7,066	)
Income tax expense (benefit)		(5,043	)		(3,192	)		3,876			(2,595	)
Income (loss) from continuing operations		(8,542	)		(3,652	)		9,128			(4,471	)
Income (loss) from discontinued operations (net of tax)		(152	)		(6,282	)		384			50
Net income (loss)	$	(8,694	)	$	(9,934	)	$	9,512		$	(4,421	)
Diluted weighted average shares outstanding		51,380			51,410			51,590			51,425
Diluted income (loss) from continuing operations per share	$	(0.17	)	$	(0.07	)	$	0.18		$	(0.09	)
Diluted net income (loss) per share	$	(0.17	)	$	(0.19	)	$	0.18		$	(0.09	)

LA-Z-BOY INCORPORATED
Unaudited Quarterly Financial Data

(Dollar amounts in thousands, except per share data)	7/29/2006			10/28/2006			1/27/2007			4/28/2007
Fiscal Quarter Ended	(13 weeks)			(13 weeks)			(13 weeks)			(13 weeks)
Sales	$	393,923		$	414,614		$	404,845		$	408,078
Cost of sales
Cost of goods sold		296,008			306,351			291,322			296,053
Restructuring		—			(400	)		—			3,771
Total cost of sales		296,008			305,951			291,322			299,824
Gross profit		97,915			108,663			113,523			108,254
Selling, general and administrative		94,683			99,887			101,213			92,955
Restructuring		—			2,265			2,855			2,542
Operating income		3,232			6,511			9,455			12,757
Interest expense		2,526			2,614			2,750			2,316
Income from Continued Dumping and Subsidy Offset Act, net		—			—			3,430			—
Interest income		815			773			1,109			1,255
Other income (expense), net		(545	)		575			524			173
Pre-tax income		976			5,245			11,768			11,869
Income tax expense (benefit)		(116	)		1,949			4,823			3,434
Income from continuing operations		1,092			3,296			6,945			8,435
Income (loss) from discontinued operations (net of tax)		1,203			(1,342	)		(14,766	)		(724	)
Net income (loss)	$	2,295		$	1,954		$	(7,821	)	$	7,711
Diluted weighted average shares outstanding		51,971			51,639			51,609			51,522
Diluted income from continuing operations per share	$	0.02		$	0.06		$	0.13		$	0.16
Diluted net income (loss) per share	$	0.04		$	0.04		$	(0.15	)	$	0.15

LA-Z-BOY INCORPORATED
Selected Items Included in the Consolidated Statement of Operations

	Unaudited						Unaudited
	For the Quarter Ended						For the Year Ended
	4/26/2008			4/28/2007			4/26/2008			4/28/2007
(Amounts in millions)	(13 weeks)			(13 weeks)			(52 weeks)			(52 weeks)
Write-down of Intangible Assets (1)	$	2.7		$	—		$	8.4		$	—
Restructuring (2)		3.2			6.3			8.1			11.0
Make Whole on Private Placements (3)		6.0			—			6.0			—
(Gain)/Loss on Property Sales (4)		0.3			(11.5	)		0.3			(14.1	)
Litigation Settlement (5)		(2.6	)		—			(2.6	)		—
(Gain)/Loss on Sales of Investments (6)		(0.3	)		(0.2	)		(3.9	)		(0.7	)
Income from CDSOA (7)		—			—			(7.1	)		(3.4	)
Selected Items included in Income from Continuing Operations	$	9.3		$	(5.4	)	$	9.2		$	(7.2	)

(1)	Write-down of a portion of the goodwill of one of our VIEs in the fourth quarter of fiscal 2008. Full year includes the write-down of goodwill for our South Florida market.
(2)	Severance, benefits, write-down of assets, contract terminations costs and other costs related to our plant and retail store closures.
(3)	Make whole premium on the repayment of our private placement notes.
(4)	Gains and losses on property sales which were not previously written-down as part of a restructuring plan. FY07 includes the sale of our plant in the U.K. in addition to several other properties during the year.
(5)	Settlement related to one of our VIEs who was in litigation with the former independent dealer of the VIE’s market.
(6)	Gains and losses on various investments.
(7)	Income received under the Continued Dumping and Subsidy Offset Act.