EXHIBIT 99.2

LA-Z-BOY INCORPORATED

CONSOLIDATED STATEMENT OF INCOME

	Second Quarter Ended
(Unaudited, amounts in thousands, except per share data)	10/29/11			10/23/10
Sales	$	307,679		$	292,982
Cost of sales		211,896			207,876
Gross profit		95,783			85,106
Selling, general and administrative expense		83,535			79,767
Operating income		12,248			5,339
Interest expense		389			592
Interest income		166			223
Other income (expense), net		(108	)		(418	)
Income before income taxes		11,917			4,552
Income tax expense		4,245			1,381
Net income		7,672			3,171
Net loss attributable to noncontrolling interests		198			774
Net income attributable to La-Z-Boy Incorporated	$	7,870		$	3,945

Basic average shares		52,055			51,855
Basic net income attributable to La-Z-Boy Incorporated per share	$	0.15		$	0.07

Diluted average shares		52,475			52,214
Diluted net income attributable to La-Z-Boy Incorporated per share	$	0.15		$	0.07

LA-Z-BOY INCORPORATED

CONSOLIDATED STATEMENT OF INCOME

	Six Months Ended
(Unaudited, amounts in thousands, except per share data)	10/29/11			10/23/10
Sales	$	587,773		$	556,296
Cost of sales		411,062			398,356
Gross profit		176,711			157,940
Selling, general and administrative expense		160,990			154,251
Operating income		15,721			3,689
Interest expense		813			1,182
Interest income		349			466
Income from Continued Dumping and Subsidy Offset Act, net		322			0
Other income (expense), net		265			(69	)
Income before income taxes		15,844			2,904
Income tax expense (benefit)		(37,684	)		675
Net income		53,528			2,229
Net (income) loss attributable to noncontrolling interests		(122	)		1,500
Net income attributable to La-Z-Boy Incorporated	$	53,406		$	3,729

Basic average shares		51,999			51,820
Basic net income attributable to La-Z-Boy Incorporated per share	$	1.01		$	0.07

Diluted average shares		52,458			52,228
Diluted net income attributable to La-Z-Boy Incorporated per share	$	1.00		$	0.07

LA-Z-BOY INCORPORATED

CONSOLIDATED BALANCE SHEET

(Unaudited, amounts in thousands)	10/29/11			4/30/11
Current assets
Cash and equivalents	$	117,533		$	115,262
Receivables, net of allowance of $22,955 at 10/29/11 and $23,937 at 4/30/11		161,897			161,299
Inventories, net		143,539			138,444
Deferred income tax assets - current		19,703			0
Other current assets		20,087			17,218
Total current assets		462,759			432,223
Property, plant and equipment, net		117,961			120,603
Trade names		3,100			3,100
Deferred income tax assets – long-term		27,045			2,883
Other long-term assets		33,167			34,646
Total assets	$	644,032		$	593,455

Current liabilities
Current portion of long-term debt	$	2,481		$	5,120
Accounts payable		48,503			49,537
Accrued expenses and other current liabilities		82,622			77,447
Total current liabilities		133,606			132,104
Long-term debt		28,196			29,937
Other long-term liabilities		63,288			67,274
Contingencies and commitments		0			0
Shareholders’ equity
Common shares, $1 par value – 150,000 authorized; 51,946 outstanding October 29, 2011 and 51,909 outstanding April 30, 2011		51,946			51,909
Capital in excess of par value		225,624			222,339
Retained earnings		157,412			105,872
Accumulated other comprehensive loss		(18,873	)		(18,804	)
Total La-Z-Boy Incorporated shareholders' equity		416,109			361,316
Noncontrolling interests		2,833			2,824
Total equity		418,942			364,140
Total liabilities and equity	$	644,032		$	593,455

LA-Z-BOY INCORPORATED

CONSOLIDATED STATEMENT OF CASH FLOWS

	Six Months Ended
(Unaudited, amounts in thousands)	10/29/11			10/23/10
Cash flows from operating activities
Net income	$	53,528		$	2,229
Adjustments to reconcile net income to cash provided by (used for) operating activities
(Gain) loss on sale of assets		(139	)		154
Deferred income tax expense/(benefit)		(43,784	)		7
Provision for doubtful accounts		2,118			1,888
Depreciation and amortization		12,372			11,464
Stock-based compensation expense		3,285			2,356
Pension plan contributions		(1,860	)		0
Change in receivables		(1,418	)		(2,034	)
Change in inventories		(4,765	)		(12,790	)
Change in other assets		(2,993	)		(3,528	)
Change in payables		(1,034	)		(7,193	)
Change in other liabilities		2,212			(11,366	)
Net cash provided by (used for) operating activities		17,522			(18,813	)

Cash flows from investing activities
Proceeds from disposals of assets		221			304
Capital expenditures		(8,218	)		(4,987	)
Purchases of investments		(5,214	)		(6,630	)
Proceeds from sales of investments		5,160			6,121
Cash effects on deconsolidation of VIE		0			(632	)
Other		(681	)		(43	)
Net cash used for investing activities		(8,732	)		(5,867	)

Cash flows from financing activities
Proceeds from debt		0			20,456
Payments on debt		(4,860	)		(20,882	)
Payments for debt issuance costs		(390	)		0
Stock issued from stock and employee benefit plans		321			58
Purchases of common stock		(1,542	)		0
Net cash used for financing activities		(6,471	)		(368	)

Effect of exchange rate changes on cash and equivalents		(48	)		277
Change in cash and equivalents		2,271			(24,771	)
Cash and equivalents at beginning of period		115,262			108,427
Cash and equivalents at end of period	$	117,533		$	83,656

LA-Z-BOY INCORPORATED

SEGMENT INFORMATION

	Second Quarter Ended						Six Months Ended
(Unaudited, amounts in thousands)	10/29/11			10/23/10			10/29/11			10/23/10
Sales
Upholstery Group	$	241,400		$	224,878		$	458,862		$	426,812
Casegoods Group		35,943			39,509			70,704			76,359
Retail Group		52,711			39,246			101,525			74,553
VIEs, net of intercompany sales eliminations		2,762			7,744			6,103			15,286
Corporate and Other		817			449			1,411			826
Eliminations		(25,954	)		(18,844	)		(50,202	)		(37,540	)
Consolidated Sales	$	307,769		$	292,982		$	587,773		$	556,296

Operating Income (Loss)
Upholstery Group	$	20,993		$	17,055		$	32,118		$	27,112
Casegoods Group		1,962			1,376			2,519			2,951
Retail Group		(2,683	)		(4,360	)		(6,061	)		(9,284	)
VIEs		(204	)		(1,104	)		363			(2,712	)
Corporate and Other		(7,820	)		(7,628	)		(13,218	)		(14,378	)
Consolidated Operating Income	$	12,248		$	5,339		$	15,721		$	3,689