EXHIBIT 99.2

LA-Z-BOY INCORPORATED

CONSOLIDATED STATEMENT OF OPERATIONS

	Second Quarter Ended
(Unaudited, amounts in thousands, except per share data)	10/24/09		10/25/08
Sales	$	300,707	$	331,948
Cost of sales
Cost of goods sold		204,962		243,090
Restructuring		663		2,236
Total cost of sales		205,625		245,326
Gross profit		95,082		86,622
Selling, general and administrative		84,697		101,499
Write-down of goodwill		—		408
Restructuring		520		687
Operating income (loss)		9,865		(15,972	)
Interest expense		831		1,651
Interest income		199		630
Other income (expense), net		236		(685	)
Earnings (loss) before income taxes		9,469		(17,678	)
Income tax expense		3,762		36,032
Net income (loss)		5,707		(53,710	)
Net (income) loss attributable to noncontrolling interests		200		(34	)
Net income (loss) attributable to La-Z-Boy Incorporated	$	5,907	$	(53,744	)
Basic average shares		51,527		51,458
Basic net income (loss) attributable to La-Z-Boy Incorporated per share	$	0.11	$	(1.05	)
Diluted average shares		51,755		51,458
Diluted net income (loss) attributable to La-Z-Boy Incorporated per share	$	0.11	$	(1.05	)
Dividends paid per share	$	—	$	0.04

LA-Z-BOY INCORPORATED

CONSOLIDATED STATEMENT OF OPERATIONS

	Six Months Ended
(Unaudited, amounts in thousands, except per share data)	10/24/09			10/25/08
Sales	$	563,378		$	653,600
Cost of sales
Cost of goods sold		386,511			478,685
Restructuring		1,399			8,032
Total cost of sales		387,910			486,717
Gross profit		175,468			166,883
Selling, general and administrative		162,153			192,770
Write-down of goodwill		—			1,700
Restructuring		821			1,467
Operating income (loss)		12,494			(29,054	)
Interest expense		1,810			3,146
Interest income		475			1,562
Other income (expense), net		945			(541	)
Earnings (loss) before income taxes		12,104			(31,179	)
Income tax expense		4,201			30,988
Net income (loss)		7,903			(62,167	)
Net (income) attributable to noncontrolling interests		(13	)		(121	)
Net income (loss) attributable to La-Z-Boy Incorporated	$	7,890		$	(62,288	)
Basic average shares		51,503			51,443
Basic net income (loss) attributable to La-Z-Boy Incorporated per share	$	0.15		$	(1.21	)
Diluted average shares		51,551			51,443
Diluted net income (loss) attributable to La-Z-Boy Incorporated per share	$	0.15		$	(1.21	)
Dividends paid per share	$	—		$	0.08

LA-Z-BOY INCORPORATED

CONSOLIDATED BALANCE SHEET

(Unaudited, amounts in thousands)	10/24/09			4/25/09
Current assets
Cash and equivalents	$	59,037		$	17,364
Restricted cash		500			18,713
Receivables, net of allowance of $25,195 at 10/24/09 and $28,385 at 4/25/09		162,878			147,858
Inventories, net		138,946			140,178
Deferred income taxes—current		795			795
Other current assets		15,956			22,872
Total current assets		378,112			347,780
Property, plant and equipment, net		142,704			150,234
Trade names		3,100			3,100
Other long-term assets		48,183			51,431
Total assets	$	572,099		$	552,545
Current liabilities
Current portion of long-term debt	$	2,067		$	8,724
Accounts payable		46,318			41,571
Accrued expenses and other current liabilities		86,167			75,733
Total current liabilities		134,552			126,028
Long-term debt		46,911			52,148
Deferred income taxes		724			724
Other long-term liabilities		67,950			63,875
Contingencies and commitments		—			—
Equity
La-Z-Boy Incorporated shareholders’ equity:
Common shares, $1 par value		51,546			51,478
Capital in excess of par value		199,585			205,945
Retained earnings		87,342			70,769
Accumulated other comprehensive loss		(20,955	)		(22,698	)
Total La-Z-Boy Incorporated shareholders' equity		317,518			305,494
Noncontrolling interests		4,444			4,276
Total equity		321,962			309,770
Total liabilities and equity	$	572,099		$	552,545

LA-Z-BOY INCORPORATED

CONSOLIDATED STATEMENT OF CASH FLOWS

	Second Quarter Ended						Six Months Ended
(Unaudited, amounts in thousands)	10/24/09			10/25/08			10/24/09			10/25/08
Cash flows from operating activities
Net income (loss)	$	5,707		$	(53,710	)	$	7,903		$	(62,167	)
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities
Gain on sale of assets		(75	)		(604	)		(88	)		(2,670	)
Write-down of long-lived assets		200			—			200			—
Write-down of goodwill		—			408			—			1,700
Restructuring		1,183			2,923			2,220			9,499
Provision for doubtful accounts		2,152			4,797			4,514			9,000
Depreciation and amortization		6,135			5,989			12,244			11,943
Stock-based compensation expense		1,621			986			2,628			1,855
Change in receivables		(26,484	)		(22,261	)		(17,586	)		(8,091	)
Change in inventories		3,329			(63	)		1,231			10,843
Change in other assets		11,106			2,272			6,439			(529	)
Change in payables		7,073			8,375			4,747			1,927
Change in other liabilities		10,282			(5,199	)		11,553			(26,117	)
Change in deferred taxes		(8	)		41,677			—			42,838
Total adjustments		16,514			39,300			28,102			52,198
Net cash provided by (used for) operating activities		22,221			(14,410	)		36,005			(9,969	)
Cash flows from investing activities
Proceeds from disposals of assets		230			2,805			1,916			7,786
Capital expenditures		(1,340	)		(2,618	)		(2,779	)		(9,990	)
Purchases of investments		(1,338	)		(3,516	)		(2,537	)		(8,965	)
Proceeds from sales of investments		1,445			5,233			4,109			11,027
Change in restricted cash		—			(2,668	)		17,007			(2,956	)
Change in other long-term assets		29			158			14			229
Net cash provided by (used for) investing activities		(974	)		(606	)		17,730			(2,869	)
Cash flows from financing activities
Proceeds from debt		10,213			24,831			20,673			39,466
Payments on debt		(10,408	)		(6,430	)		(32,567	)		(25,287	)
Dividends paid		—			(2,074	)		—			(4,151	)
Net cash provided by (used for) financing activities		(195	)		16,327			(11,894	)		10,028
Effect of exchange rate changes on cash and equivalents		(348	)		(604	)		(168	)		(643	)
Change in cash and equivalents		20,704			707			41,673			(3,453	)
Cash and equivalents at beginning of period		38,333			10,317			17,364			14,477
Cash and equivalents at end of period	$	59,037		$	11,024		$	59,037		$	11,024
Cash paid (net of refunds) during period – income taxes	$	(13,348	)	$	(719	)	$	(13,082	)	$	204
Cash paid during period - interest	$	563		$	1,287		$	1,288		$	2,413

LA-Z-BOY INCORPORATED

SEGMENT INFORMATION

	Second Quarter Ended						Six Months Ended
(Unaudited, amounts in thousands)	10/24/09 (13 weeks)			10/25/08 (13 weeks)			10/24/09 (26 weeks)			10/25/08 (26 weeks)
Sales
Upholstery Group	$	232,780		$	247,934		$	429,472		$	485,052
Casegoods Group		37,302			48,473			73,167			96,594
Retail Group		38,014			39,484			73,976			81,911
VIEs		12,248			11,793			23,987			25,871
Other/eliminations		(19,637	)		(15,736	)		(37,224	)		(35,828	)
Consolidated	$	300,707		$	331,948		$	563,378		$	653,600
Operating income (loss)
Upholstery Group	$	25,359		$	8,338		$	41,649		$	18,194
Casegoods Group		(184	)		755			(305	)		2,132
Retail Group		(5,301	)		(10,391	)		(10,969	)		(20,401	)
VIEs		(402	)		(2,621	)		(137	)		(3,709	)
Corporate and Other		(8,424	)		(8,722	)		(15,524	)		(14,071	)
Goodwill write-down		—			(408	)		—			(1,700	)
Restructuring		(1,183	)		(2,923	)		(2,220	)		(9,499	)
	$	9,865		$	(15,972	)	$	12,494		$	(29,054	)