<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>





<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->

<A NAME=A001></A>

<P align=center><FONT face="Times New Roman, Times, Serif" size=3><B>UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION</B> </FONT></P><!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 align=center><FONT face="Times New Roman, Times, Serif" size=3>WASHINGTON,
D.C. 20549-1004 </FONT></H1><!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->

<H1 align=center><FONT face="Times New Roman, Times, Serif" size=3>FORM 8-K
</FONT></H1><!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Times New Roman, Times, Serif" size=2>Current Report
Pursuant to Section 13 or 15(d)of <BR>the Securities Exchange Act of 1934
</FONT></P><!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->

<P align=center><FONT face="Times New Roman, Times, Serif"
size=3><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;July 31,
2006 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>(Date
of Report (Date of Earliest Event Reported))</FONT></P><!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P align=center><FONT face="Times New Roman, Times, Serif"
size=3><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LA-Z-BOY
INCORPORATED
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>(Exact
name of registrant as specified in its charter) </FONT></P>





<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" >
<TR VALIGN=Bottom>
     <TH COLSPAN=3 width="295"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>MICHIGAN</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3 width="295"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1-9656</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3 width="307"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>38-0751137</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH="8" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="252" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(State or other jurisdiction of</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="8" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="282" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Commission</FONT></TD>
     <TD WIDTH="5" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="9" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="262" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(IRS Employer</FONT></TD>
     <TD WIDTH="36" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH="8" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="252" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>incorporation)</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="8" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="282" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>File Number)</FONT></TD>
     <TD WIDTH="5" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="9" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="262" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indentification Number)</FONT></TD>
     <TD WIDTH="36" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE>





<p>





<BR><BR>
</p>
<TABLE cellSpacing=0 cellPadding=0  align=center>

  <TR vAlign=bottom>
    <TH colSpan=3><FONT face="Times New Roman, Times, Serif" size=2>1284 North
      Telegraph Road, Monroe, Michigan</FONT>
      <HR width="100%" color=black noShade SIZE=1>
    </TH>
    <TH colSpan=3><FONT face="Times New Roman, Times, Serif"
      size=2>48162-3390</FONT>
      <HR width="100%" color=black noShade SIZE=1>
    </TH></TR>
  <TR vAlign=bottom>
    <TD align="center" width="41%"><FONT face="Times New Roman, Times, Serif"
      size=2>(Address of principal executive offices)</FONT></TD>
    <TD align=left width="1%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="3%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align="center" width="53%"><FONT face="Times New Roman, Times, Serif"
      size=2>Zip Code </FONT></TD>
    <TD align=left width="1%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="1%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR> </TABLE>
<P align=center><FONT FACE="Times New Roman" SIZE="2">Registrant's telephone number, including area code <U>(734)
242-1444</U></font></P>
<p><BR><!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
</p>
<P align=center><FONT face="Times New Roman, Times, Serif"
size=3><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></P><!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P align=center><FONT face="Times New Roman, Times, Serif"
size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Former name or former
address, if changed since last report.)
</FONT></P>

<P><FONT FACE="Times New Roman" SIZE="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:<br><br>

[&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br><br>

[&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br><br>

[&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br><br>

[&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>






<p>






<BR><BR>&nbsp;</p>






<p>






&nbsp;</p>






<p>






<BR>&nbsp;</p>
<p>
<br>
<br>
<br>
<br>
</p>
<HR SIZE="2" COLOR="Black">


<!-- MARKER FORMAT-SHEET="Head Minor Center Bold-TNR" FSL="Project" -->




<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<A NAME=A050></A>

<!-- MARKER FORMAT-SHEET="Head Left" FSL="Default" -->
<A NAME=A051></A>
<P ALIGN=LEFT><b><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 7.01:
Regulation FD Disclosure</font></b></p>

<!-- MARKER FORMAT-SHEET="Para Flush Level 1" FSL="Default" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 >
<tr>
<TD WIDTH="4%" valign="top" height="33">
<p align="center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH="96%" height="33" valign="top">
<font size="2">On July 31, 2006, the Registrant
issued a press release announcing the sale of its American of Martinsville
operating unit.&nbsp; A copy of the press release is attached hereto as Exhibit 99.1.</font></TD>
</tr>
</TABLE>

<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Item 9.01&nbsp; Financial
Statements and Exhibits</b> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Indent" FSL="Default" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The following exhibit
     is furnished as part of this report: </FONT></P>









<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=60%>
<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></TH>
     <TH COLSPAN="3" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Description</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Page #</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=9% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>99</FONT></TD>
        <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD WIDTH=73% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
     Press Release Dated July 31, 2006</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=3% ALIGN=RIGHT>
     <font face="Times New Roman, Times, Serif" size="2">4</font></TD>
        <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE>

<p>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
&nbsp;</p>

<p>
&nbsp;</p>

<p>
<br>
<br>
<br>
<br>

</p>
<P style="PAGE-BREAK-AFTER: always">&nbsp;</P>
<HR SIZE="2" COLOR="Black">

<H1 ALIGN=Left>&nbsp;</h1>


<H1 ALIGN=Left><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>SIGNATURE</b></font></h1>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned thereunto duly authorized. </FONT></P>


<!-- MARKER FORMAT-SHEET="Signature (Single)" FSL="Project" -->
<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%>&nbsp;</TD>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>LA-Z-BOY
INCORPORATED</B><BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
(Registrant)</FONT><br></TD>
</TR>
</TABLE>
<p>
<BR>
<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
</p>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date: July 31, 2006 </FONT></P>


<!-- MARKER FORMAT-SHEET="Signature (Single)" FSL="Project" -->
<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<tr>
<TD WIDTH=40%>&nbsp;</TD>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>
<BR>BY: /S/ Mark A. Copping<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Mark A. Copping<BR>Corporate Controller</FONT></TD>
</tr>
</TABLE>
<p>
<br>
<br>
&nbsp;</p>
<p>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
&nbsp;</p>
<p>
<br>
</p>
<p>
<br>
</p>
<P style="PAGE-BREAK-AFTER: always">&nbsp;</P>

<HR SIZE="4" COLOR="Black">

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Exhibit 99.1</b>
 </FONT></P>











<P ALIGN="Center">
<IMG SRC=logo.jpg WIDTH="412" HEIGHT="92">
</p>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>NEWS RELEASE</b> </FONT></P>



<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH ALIGN="LEFT">&nbsp;</TH>
     <TH ALIGN="CENTER">&nbsp;</TH>
     <TH ALIGN="RIGHT">&nbsp;</TH></TR>
<TR VALIGN="TOP">
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Contact:&nbsp;&nbsp;Mark Stegeman
</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(734) 241-4418
</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2" COLOR="#0000FF"><U>mark.stegeman@la-z-boy.com</U> </FONT>
</TD></TR>
</TABLE>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4><u>LA-Z-BOY SELLS
AMERICAN OF MARTINSVILLE</u>  </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>MONROE, MI. July 31, 2006 &#150;
La-Z-Boy Incorporated <B>(NYSE, PCX: LZB)</B> today announced that it has completed the
sale of its American of Martinsville subsidiary, to Hancock Park Associates, a Los
Angeles-based private equity firm. Terms of the transaction were not immediately
disclosed, although the company expects it will result in a small gain which will be
reported when the company issues its fiscal 2007 first-quarter results on August 15, 2006.
American of Martinsville&#146;s net sales for fiscal 2006 represented approximately 5% of
La-Z-Boy Incorporated&#146;s total revenue. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>La-Z-Boy President and CEO Kurt L.
Darrow said, &#147;Our business model and long-term strategy are focused on providing
comfortable and stylish furnishings for the home and, therefore, we have made a number of
changes over the past two years to better align our company&#146;s business units with
that model. While American of Martinsville is a great company and a leader in the
hospitality arena, it is not core to our strategy as a residential company. We are
confident American of Martinsville will maintain its leadership position in the
hospitality industry under its new ownership with its customers continuing to be offered
premium custom furniture with quick delivery and excellent service. Over the years, we
have had a dedicated staff of employees at American of Martinsville and I would like to
take this opportunity to thank them for their hard work and commitment and wish them well
as they move with the company to join Hancock Park&#146;s operations.&#148; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>American of Martinsville is one of
the world&#146;s leading manufacturers and suppliers of contract furnishings to the
hospitality, senior living and government markets. The company&#146;s wood furniture,
upholstery products, and related accessories can be found in hotels and motels around the
world as well as assisted living facilities and government installations. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold" FSL="Default" -->
<A NAME=A003></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><u>Forward-looking
Information</u>  </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Any forward-looking statements
contained in this news release are based on current information and assumptions and
represent management&#146;s best judgment at the present time. Actual results could differ
materially from those anticipated or projected due to a number of factors. These factors
include, but are not limited to: (a) changes in consumer confidence; (b) changes in
demographics; (c) changes in housing sales; (d) the impact of terrorism or war; (e)
continued energy price changes; (f) the impact of logistics on imports; (g) the impact of
interest rate changes; (h) the potential disruptions from Chinese imports; (i) inventory
supply price fluctuations; (j) the impact of imports as it relates to continued domestic
production; (k) changes in currency exchange rates; (l) competitive factors; (m) operating
factors, such as supply, labor, or distribution disruptions including changes in operating
conditions or costs; (n) effects of restructuring actions; (o) changes in the domestic or
international regulatory environment; (p) not fully realizing cost reductions through
restructurings; (q) ability to implement global sourcing organization strategies; (r) the
impact of new manufacturing technologies; (s) the future financial performance and
condition of independently operated dealers that we are required to consolidate into our
financial statements or changes requiring us to consolidate additional independently
operated dealers; (t) fair value changes to our intangible assets due to actual results
differing from projected; (u) the impact of adopting new accounting principles; (v) the
impact from severe weather such as hurricanes and tornadoes; (w) the ability to turn
around under-performing retail stores; (x) the impact of retail store relocation costs,
the success of new stores or the timing of converting stores to the New Generation format;
(y) the ability to procure fabric rolls or cut-and-sewn sets domestically or abroad; and
(z) factors relating to acquisitions and other factors identified from time to time in our
reports filed with the Securities and Exchange Commission. We undertake no obligation to
update or revise any forward-looking statements, either to reflect new developments, or
for any other reason. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold" FSL="Default" -->
<A NAME=A004></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><u>Additional Information</u> </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This news release is just one part of
La-Z-Boy&#146;s financial disclosures and should be read in conjunction with other
information filed with the Securities and Exchange Commission, which is available at
<font color="#0000FF">
<U>http://www.la-z-boy.com/about/investorRelations/sec_filings.aspx</U></font>. Investors and
others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly
investor conference calls may sign up at: </FONT></P>

<font face="Times New Roman, Times, Serif" size="2"><font color="#0000FF"><u>http://www.la-z-boy.com/about/investorRelations/IR_email_alerts.aspx</u></font></font>.


<!-- MARKER FORMAT-SHEET="Head Major Left Bold" FSL="Default" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><u>Background Information</u> </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>La-Z-Boy Incorporated is one of the
world&#146;s leading residential furniture producers, marketing furniture for every room
of the home. The La-Z-Boy Upholstery Group companies are Bauhaus, Centurion, Clayton
Marcus, England, La-Z-Boy, and Sam Moore. The La-Z-Boy Casegoods Group companies are
American Drew, Hammary, Kincaid, Lea and Pennsylvania House. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The corporation&#146;s vast
proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated
products and brands, and includes 337 stand-alone La-Z-Boy Furniture Galleries&reg;
stores, of which 63 are company owned, and 340 La-Z-Boy In-Store Galleries, in addition to
in-store gallery programs at the company&#146;s Kincaid, Pennsylvania House, Clayton
Marcus, England and Lea operating units. According to industry trade publication <I>In
Furniture</I>, the La-Z-Boy Furniture Galleries retail network is North America&#146;s
largest single-brand furniture retailer. Additional information is available at
<U><font color="#0000FF">http://www.la-z-boy.com/</font></U>. </FONT></P>

<!-- MARKER FORMAT-SHEET="Center Rule" FSL="Default" -->


</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "eightk.htm", "secsgml_size_bytes": 20510}]
{"company-data": {"conformed-name": "LA-Z-BOY INC", "cik": "0000057131", "assigned-sic": "2510", "irs-number": "380751137", "state-of-incorporation": "MI", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09656", "film-number": "06989569"}, "business-address": {"street1": "1284 N TELEGRAPH RD", "city": "MONROE", "state": "MI", "zip": "48162", "phone": "7342414414"}, "mail-address": {"street1": "1284 N TELEGRAPH RD", "city": "MONROE", "state": "MI", "zip": "48162"}, "former-company": {"former-conformed-name": "LA Z BOY CHAIR CO", "date-changed": "19920703"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549-1004
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d)of
the Securities Exchange Act of 1934
July 31,
2006
(Date
of Report (Date of Earliest Event Reported))
LA-Z-BOY
INCORPORATED
(Exact
name of registrant as specified in its charter)
MICHIGAN
1-9656
38-0751137
(State or other jurisdiction of
(Commission
(IRS Employer
incorporation)
File Number)
Indentification Number)
1284 North
      Telegraph Road, Monroe, Michigan
48162-3390
(Address of principal executive offices)
Zip Code
Registrant's telephone number, including area code
(734)
242-1444
None
(Former name or former
address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01:
Regulation FD Disclosure
On July 31, 2006, the Registrant
issued a press release announcing the sale of its American of Martinsville
operating unit.  A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01  Financial
Statements and Exhibits
The following exhibit
     is furnished as part of this report:
Description
Page #
99
.1
Press Release Dated July 31, 2006
4
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned thereunto duly authorized.
LA-Z-BOY
INCORPORATED
——————————————
(Registrant)
Date: July 31, 2006
BY: /S/ Mark A. Copping
——————————————
Mark A. Copping
Corporate Controller
Exhibit 99.1
NEWS RELEASE
Contact:  Mark Stegeman
(734) 241-4418
mark.stegeman@la-z-boy.com
LA-Z-BOY SELLS
AMERICAN OF MARTINSVILLE
MONROE, MI. July 31, 2006 –
La-Z-Boy Incorporated
(NYSE, PCX: LZB)
today announced that it has completed the
sale of its American of Martinsville subsidiary, to Hancock Park Associates, a Los
Angeles-based private equity firm. Terms of the transaction were not immediately
disclosed, although the company expects it will result in a small gain which will be
reported when the company issues its fiscal 2007 first-quarter results on August 15, 2006.
American of Martinsville's net sales for fiscal 2006 represented approximately 5% of
La-Z-Boy Incorporated's total revenue.
La-Z-Boy President and CEO Kurt L.
Darrow said, "Our business model and long-term strategy are focused on providing
comfortable and stylish furnishings for the home and, therefore, we have made a number of
changes over the past two years to better align our company's business units with
that model. While American of Martinsville is a great company and a leader in the
hospitality arena, it is not core to our strategy as a residential company. We are
confident American of Martinsville will maintain its leadership position in the
hospitality industry under its new ownership with its customers continuing to be offered
premium custom furniture with quick delivery and excellent service. Over the years, we
have had a dedicated staff of employees at American of Martinsville and I would like to
take this opportunity to thank them for their hard work and commitment and wish them well
as they move with the company to join Hancock Park's operations."
American of Martinsville is one of
the world's leading manufacturers and suppliers of contract furnishings to the
hospitality, senior living and government markets. The company's wood furniture,
upholstery products, and related accessories can be found in hotels and motels around the
world as well as assisted living facilities and government installations.
Forward-looking
Information
Any forward-looking statements
contained in this news release are based on current information and assumptions and
represent management's best judgment at the present time. Actual results could differ
materially from those anticipated or projected due to a number of factors. These factors
include, but are not limited to: (a) changes in consumer confidence; (b) changes in
demographics; (c) changes in housing sales; (d) the impact of terrorism or war; (e)
continued energy price changes; (f) the impact of logistics on imports; (g) the impact of
interest rate changes; (h) the potential disruptions from Chinese imports; (i) inventory
supply price fluctuations; (j) the impact of imports as it relates to continued domestic
production; (k) changes in currency exchange rates; (l) competitive factors; (m) operating
factors, such as supply, labor, or distribution disruptions including changes in operating
conditions or costs; (n) effects of restructuring actions; (o) changes in the domestic or
international regulatory environment; (p) not fully realizing cost reductions through
restructurings; (q) ability to implement global sourcing organization strategies; (r) the
impact of new manufacturing technologies; (s) the future financial performance and
condition of independently operated dealers that we are required to consolidate into our
financial statements or changes requiring us to consolidate additional independently
operated dealers; (t) fair value changes to our intangible assets due to actual results
differing from projected; (u) the impact of adopting new accounting principles; (v) the
impact from severe weather such as hurricanes and tornadoes; (w) the ability to turn
around under-performing retail stores; (x) the impact of retail store relocation costs,
the success of new stores or the timing of converting stores to the New Generation format;
(y) the ability to procure fabric rolls or cut-and-sewn sets domestically or abroad; and
(z) factors relating to acquisitions and other factors identified from time to time in our
reports filed with the Securities and Exchange Commission. We undertake no obligation to
update or revise any forward-looking statements, either to reflect new developments, or
for any other reason.
Additional Information
This news release is just one part of
La-Z-Boy's financial disclosures and should be read in conjunction with other
information filed with the Securities and Exchange Commission, which is available at
http://www.la-z-boy.com/about/investorRelations/sec_filings.aspx
. Investors and
others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly
investor conference calls may sign up at:
http://www.la-z-boy.com/about/investorRelations/IR_email_alerts.aspx
.
Background Information
La-Z-Boy Incorporated is one of the
world's leading residential furniture producers, marketing furniture for every room
of the home. The La-Z-Boy Upholstery Group companies are Bauhaus, Centurion, Clayton
Marcus, England, La-Z-Boy, and Sam Moore. The La-Z-Boy Casegoods Group companies are
American Drew, Hammary, Kincaid, Lea and Pennsylvania House.
The corporation's vast
proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated
products and brands, and includes 337 stand-alone La-Z-Boy Furniture Galleries®
stores, of which 63 are company owned, and 340 La-Z-Boy In-Store Galleries, in addition to
in-store gallery programs at the company's Kincaid, Pennsylvania House, Clayton
Marcus, England and Lea operating units. According to industry trade publication
In
Furniture
, the La-Z-Boy Furniture Galleries retail network is North America's
largest single-brand furniture retailer. Additional information is available at
http://www.la-z-boy.com/
.