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<P ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<B>SECURITIES AND EXCHANGE COMMISSION</B> </FONT></P>

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<A NAME=A001></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>WASHINGTON, D.C.
20549-1004 </FONT></H1>

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<A NAME=A002></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>FORM 8-K </FONT></H1>

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<A NAME=A003></A>
<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>

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<A NAME=A004></A>
<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;May 4, 2004&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>


                                     (Date of Report (Date of Earliest Event Reported))</FONT></P>

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<A NAME=A005></A>
<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>




&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;MICHIGAN&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;&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;38-0751137
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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(State or other jurisdiction of &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(I.R.S. Employer<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;incorporation or organization)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Identification No.)<br><br>


&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1284 North Telegraph
Road, Monroe, Michigan&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;&nbsp; 48162-3390

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(Address of principal executive offices)&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Zip Code)<br><br>

<P ALIGN="Center">Registrant's telephone number, including area code <u> (734) 241-4074</u></P>
<br>
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<A NAME=A006></A>
<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;&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>

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<P ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Former
name, former address and former fiscal year, if changed since last report.) </FONT></P>
<br>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Item 12:&nbsp;&nbsp;</b><br>
On May 4, 2004, the Registrant issued a press release announcing a non-cash impairment charge relating to its intangible assets.

&nbsp;&nbsp;A copy of the press release is attached
hereto as Exhibit 99.

 </FONT></P>

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


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<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>


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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></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>
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<BR>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date:  May 4, 2004 </FONT></P>


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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>
<BR>BY: /S/ Louis M. Riccio, Jr.<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Louis M. Riccio, Jr.<BR>Corporate Controller<br>On behalf of the registrant and as<br>Chief Accounting Officer</FONT>


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



<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Exhibit 99</b>
 </FONT></P>




<P ALIGN="Center">
<IMG SRC="logo.jpg">
</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"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></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"><u>mark.stegeman@la-z-boy.com</u>
</FONT></TD></TR>
</TABLE>

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<A NAME=A009></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>LA-Z-BOY ANNOUNCES
NON-CASH IMPAIRMENT CHARGE  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>MONROE, MI. May 4, 2004 &#150;
La-Z-Boy Incorporated <B>(NYSE, PCX: LZB)</B> announced today that it will take a pre-tax
charge of $71.9 million, $55.9 million net of tax, or $1.04 per diluted share to reflect
the impairment of certain intangible assets in its fiscal 2004 fourth quarter ending April
24, 2004. The vast majority of this charge relates to the casegoods segment of its
business and is a result of the writedown of both trade names and goodwill associated with
prior acquisitions. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>La-Z-Boy Incorporated president and
CEO Kurt L. Darrow said, &#147;The values of our casegoods businesses have been negatively
impacted by the onslaught of import competition primarily from China and the severe
downturn in the hospitality industry since September 11, 2001.&#148; Under FASB Statement
of Accounting Financial Standards 142 &#147;Goodwill and Other Intangible Assets&#148;,
companies are annually required to assess the value of goodwill and identifiable
intangible assets. La-Z-Boy performs that assessment in the fourth quarter each year. This
charge is non-cash and will not negatively impact any of our debt covenants. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The company will report its fiscal
fourth quarter and full year results on Tuesday, May 25, 2004 after the close of trading
on the New York Stock Exchange and will host an investor conference call on Wednesday, May
26, 2004 at 11:00 a.m. E.D.T. Detailed information on the conference call will be provided
in a separate news release. </FONT></P>

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<A NAME=A007></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><u>Forward-looking
Information</u> </FONT></H1>

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<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: changes in consumer sentiment or demand, changes in
demographics, changes in housing sales, the impact of terrorism or war, energy price
changes, the impact of logistics on imports, the impact of interest rate changes, the
outcome of the antidumping investigation by the United States Department of Commerce and
potential disruptions from Chinese imports, the availability and cost of capital, the
impact of imports as it relates to continued domestic production, changes in currency
rates, competitive factors, operating factors, such as supply, labor, or distribution
disruptions including changes in operating conditions or costs, effects of restructuring
actions, changes in the domestic or international regulatory environment, not fully
realizing cost reductions through restructurings<I>,</I> ability to implement new global
sourcing organization strategies, the impact of new manufacturing technologies, fair value
changes to our intangible assets due to actual results differing from projected, factors
relating to acquisitions and other factors identified from time to time in the
company&#146;s reports filed with the Securities and Exchange Commission. The company
undertakes 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=A008></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
<U>http://www.la-z-boy.com/about/ir_sec.asp</U>. 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: <U>http://my.lazboy.com/mygallery/investor_relations.cfm</U>. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold" FSL="Default" -->
<A NAME=A0010></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><u>Background Information</u> </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>With annual sales in excess of $2
billion, La-Z-Boy Incorporated is one of the world&#146;s leading residential furniture
producers, marketing furniture for every room of the home and office, as well as for the
hospitality, health care and assisted-living industries. The La-Z-Boy Upholstery Group
companies are Bauhaus, Centurion, Clayton Marcus, England, La-Z-Boy, La-Z-Boy Contract and
Sam Moore. The La-Z-Boy Casegoods Group companies are Alexvale, American Drew, American of
Martinsville, Hammary, Kincaid, Lea and Pennsylvania House. </FONT></P>

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<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 324 stand-alone La-Z-Boy Furniture Galleries&reg; stores
and 364 La-Z-Boy In-Store Gallerys, 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>Furniture/Today</I>, the La-Z-Boy
Furniture Galleries retail network by itself represents the industry&#146;s fourth largest
U.S. furniture retailer and the second largest single source furniture retailer.
Additional information is available at <U>http://www.la-z-boy.com/</U> </FONT></P>




</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "pressrelease.htm", "secsgml_size_bytes": 15879}]
{"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": "04775510"}, "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"}}
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
May 4, 2004
(Date of Report (Date of Earliest Event Reported))
LA-Z-BOY INCORPORATED
(Exact
name of registrant as specified in its charter)
MICHIGAN                                                                             38-0751137
(State or other jurisdiction of  
               
         
               
                     
(I.R.S. Employer
incorporation or organization)               
                      
                      
Identification No.)
1284 North Telegraph
Road, Monroe, Michigan                  
                         48162-3390
(Address of principal executive offices)             
                       
               (Zip Code)
Registrant's telephone number, including area code
(734) 241-4074
None
(Former
name, former address and former fiscal year, if changed since last report.)
Item 12:
On May 4, 2004, the Registrant issued a press release announcing a non-cash impairment charge relating to its intangible assets.

  A copy of the press release is attached
hereto as Exhibit 99.
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:  May 4, 2004
BY: /S/ Louis M. Riccio, Jr.
——————————————
Louis M. Riccio, Jr.
Corporate Controller
On behalf of the registrant and as
Chief Accounting Officer
Exhibit 99
NEWS RELEASE
Contact:  Mark Stegeman
(734) 241-4418
mark.stegeman@la-z-boy.com
LA-Z-BOY ANNOUNCES
NON-CASH IMPAIRMENT CHARGE
MONROE, MI. May 4, 2004 –
La-Z-Boy Incorporated
(NYSE, PCX: LZB)
announced today that it will take a pre-tax
charge of $71.9 million, $55.9 million net of tax, or $1.04 per diluted share to reflect
the impairment of certain intangible assets in its fiscal 2004 fourth quarter ending April
24, 2004. The vast majority of this charge relates to the casegoods segment of its
business and is a result of the writedown of both trade names and goodwill associated with
prior acquisitions.
La-Z-Boy Incorporated president and
CEO Kurt L. Darrow said, "The values of our casegoods businesses have been negatively
impacted by the onslaught of import competition primarily from China and the severe
downturn in the hospitality industry since September 11, 2001." Under FASB Statement
of Accounting Financial Standards 142 "Goodwill and Other Intangible Assets",
companies are annually required to assess the value of goodwill and identifiable
intangible assets. La-Z-Boy performs that assessment in the fourth quarter each year. This
charge is non-cash and will not negatively impact any of our debt covenants.
The company will report its fiscal
fourth quarter and full year results on Tuesday, May 25, 2004 after the close of trading
on the New York Stock Exchange and will host an investor conference call on Wednesday, May
26, 2004 at 11:00 a.m. E.D.T. Detailed information on the conference call will be provided
in a separate news release.
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: changes in consumer sentiment or demand, changes in
demographics, changes in housing sales, the impact of terrorism or war, energy price
changes, the impact of logistics on imports, the impact of interest rate changes, the
outcome of the antidumping investigation by the United States Department of Commerce and
potential disruptions from Chinese imports, the availability and cost of capital, the
impact of imports as it relates to continued domestic production, changes in currency
rates, competitive factors, operating factors, such as supply, labor, or distribution
disruptions including changes in operating conditions or costs, effects of restructuring
actions, changes in the domestic or international regulatory environment, not fully
realizing cost reductions through restructurings
,
ability to implement new global
sourcing organization strategies, the impact of new manufacturing technologies, fair value
changes to our intangible assets due to actual results differing from projected, factors
relating to acquisitions and other factors identified from time to time in the
company's reports filed with the Securities and Exchange Commission. The company
undertakes 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/ir_sec.asp
. 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://my.lazboy.com/mygallery/investor_relations.cfm
.
Background Information
With annual sales in excess of $2
billion, La-Z-Boy Incorporated is one of the world's leading residential furniture
producers, marketing furniture for every room of the home and office, as well as for the
hospitality, health care and assisted-living industries. The La-Z-Boy Upholstery Group
companies are Bauhaus, Centurion, Clayton Marcus, England, La-Z-Boy, La-Z-Boy Contract and
Sam Moore. The La-Z-Boy Casegoods Group companies are Alexvale, American Drew, American of
Martinsville, 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 324 stand-alone La-Z-Boy Furniture Galleries® stores
and 364 La-Z-Boy In-Store Gallerys, 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
Furniture/Today
, the La-Z-Boy
Furniture Galleries retail network by itself represents the industry's fourth largest
U.S. furniture retailer and the second largest single source furniture retailer.
Additional information is available at
http://www.la-z-boy.com/