SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



 Date of Report (date of earliest event reported): October 25, 2002
                                                           (October 23, 2002)

                      Furniture Brands International, Inc.
               (Exact name of Registrant as specified in charter)


       Delaware                         I-91                  43-0337683
--------------------------      -------------------     ----------------------
(State of Incorporation)           (Commission              (IRS Employer
                                   File Number)         Identification Number)




              101 South Hanley Road, St. Louis, Missouri 63105
                  (Address of principal executive offices)




                                 (314) 863-1100
                         (Registrant's telephone number)


<PAGE>


Item 5. Other Matters

     On October 23, 2002, the Company announced  operating results for the third
quarter and first nine months of 2002.

     Net sales for the third quarter of 2002 were $563.2 million,  compared with
$448.7 million in the third quarter of 2001, an increase of 25.5%.  For the nine
months net sales were $1,802.2  million,  compared with $1,414.5  million in the
same period of 2001,  an increase of 27.4%.  Excluding  the impact of  Henredon,
Drexel Heritage and  Maitland-Smith,  which the Company acquired as of the close
of business on December  28,  2001,  the  Company's  sales  (Broyhill,  Lane and
Thomasville) showed year-over-year growth of 4.5% in the quarter and 6.7% in the
nine months.

     Net earnings for the third  quarter were $24.6 million as compared to $13.9
million in the third quarter of last year. Diluted net earnings per common share
were $0.44 as  compared  to $0.27 in the third  quarter of 2001.  Excluding  all
restructuring  charges  recorded  in the third  quarter of 2001,  the  Company's
diluted net earnings  per common  share in that  quarter  would have been $0.29.
Effective  January 1, 2002, the Company adopted FAS #142,  which  eliminated the
amortization of goodwill and other intangible  assets with indefinite lives. Had
FAS #142  been  effective  in the  third  quarter  of 2001,  and  excluding  the
restructuring  charges  mentioned  above,  net  earnings per common share in the
quarter  would have been $0.34,  indicating  a 29.4%  increase in 2002  earnings
versus the comparable period in 2001.

     Net  earnings  for the nine months of 2002 were $89.5  million or $1.59 per
diluted  common share as compared to $35.2  million or $0.69 per diluted  common
share in the same period of 2001. Had FAS #142 been effective in the nine months
of 2001,  and excluding the asset  impairment  and  restructuring  charges,  net
earnings per common share would have been $1.12.

     The Company also  announced that its current  projections  for earnings per
share in the  third  quarter  is $0.50 to $0.55 and for the full year 2002 is in
the $2.09 to $2.14 range.

Item 7. Financial Statements and Exhibits

(c)  Exhibit

     99   Press Release, dated October 23, 2002


<PAGE>


                                    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.




                                    Furniture Brands International, Inc.




                              By:     /s/Steven W. Alstadt
                                    -------------------------------
                                      Steven W. Alstadt
                                      Controller and Chief Accounting Officer





Dated: October 25, 2002


<page>


INFORMATION

FOR IMMEDIATE RELEASE






                    FURNITURE BRANDS INTERNATIONAL ANNOUNCES
                      THIRD QUARTER 2002 FINANCIAL RESULTS


St. Louis,  Missouri,  October 23, 2002 - Furniture Brands  International (NYSE:
FBN) announced today its financial  results for the third quarter and first nine
months of 2002.

Net Sales

Net sales for the third  quarter  of 2002 were  $563.2  million,  compared  with
$448.7 million in the third quarter of 2001, an increase of 25.5%.  For the nine
months,  net sales were $1,802.2 million,  compared with $1,414.5 million in the
same period of 2001,  an increase of 27.4%.  Excluding  the impact of  Henredon,
Drexel Heritage and  Maitland-Smith,  which the company acquired as of the close
of business on December  28,  2001,  the  company's  sales  (Broyhill,  Lane and
Thomasville) showed year-over-year growth of 4.5% in the quarter and 6.7% in the
nine months.

Net Earnings

Net  earnings  for the third  quarter  were $24.6  million as  compared to $13.9
million in the third quarter of last year. Diluted net earnings per common share
were $0.44 as  compared  to $0.27 in the third  quarter of 2001.  Excluding  all
restructuring  charges  recorded  in the third  quarter of 2001,  the  company's
diluted net earnings  per common  share in that  quarter  would have been $0.29.
Effective  January 1, 2002, the company adopted FAS #142,  which  eliminated the
amortization of goodwill and other intangible  assets with indefinite lives. Had
FAS #142  been  effective  in the  third  quarter  of 2001,  and  excluding  the
restructuring  charges  mentioned  above,  net  earnings per common share in the
quarter  would have been $0.34,  indicating  a 29.4%  increase in 2002  earnings
versus the  comparable  period in 2001.  Net  earnings  for the nine months were
$89.5 million or $1.59 per diluted  common share as compared to $35.2 million or
$0.69 per  diluted  common  share in the same period of 2001.  Had FAS#142  been
effective in the first nine months of 2001, and excluding  asset  impairment and
other  restructuring  charges,  diluted net earnings per common share would have
been $1.12.


<PAGE>


Management Comments

"In the current difficult business  environment,  we are pleased to report these
year over year  increases in sales," stated W. G. (Mickey)  Holliman,  Chairman,
President and Chief Executive Officer. "Though only half our businesses continue
to show favorable gains, and even those have moderated somewhat from their highs
earlier  in the year,  we have been able to post a  meaningful  increase  in net
earnings and earnings per share.

"While business remains comparatively strong at Broyhill and Lane, the companies
at the higher-end of our product line -- Thomasville,  Henredon, Drexel Heritage
and  Maitland-Smith  - continue to show flat to  slightly  down orders year over
year. We see nothing to date that would indicate a turnaround in business at the
high-end anytime before the end of this year.

"With respect to operating earnings and margin performance, the third quarter is
seasonally  the  weakest  due to  slower  retail  activity  and  plant  vacation
shutdowns," Mr. Holliman  continued.  "Additionally,  the quarter was negatively
impacted by two plant  closures,  some discount  programs  designed to stimulate
sales, and our ongoing transition to a higher level of offshore sourcing.

"The good news is that,  despite a buildup  in  inventories  caused by  seasonal
needs and the rapidly expanding import program, we had another strong quarter in
terms of operating  cash flow.  We reduced our  long-term  debt by $30.6 million
during  the  quarter  and we have now  achieved  our  long-stated  target of 30%
debt-to-book capitalization.  Our ability to generate substantial cash flow from
operations,  even in a  challenging  business  environment,  along with a strong
balance sheet gives us the flexibility to invest wisely as growth  opportunities
are presented."

Outlook

Mr.  Holliman  concluded,  "Having just  completed the fall  International  Home
Furnishings  Market,  we are  excited  about  retailer  response  to our product
offerings and business strategy,  and we expect continued market share expansion
as a result.

"We believe our fourth quarter sales growth - excluding the  acquisitions - will
be  essentially  flat with the same period last year and we expect our  earnings
per share for the quarter to be in the $0.50 to $0.55 range. This would indicate
a  full-year  expectation  in the  range  of  $2.09  to  $2.14.  As has been our
practice,  we will provide an update on our fourth quarter  expectation in early
December."


Furniture   Brands   International   is  America's   largest  home   furnishings
manufacturer,   manufacturing  and  sourcing  its  products  under  six  of  the
best-known brand names in the industry - Broyhill, Lane, Thomasville,  Henredon,
Drexel  Heritage and  Maitland-Smith.  The company markets its products across a
broad  spectrum of price  categories  and  distributes  its products  through an
extensive system of independently owned national, regional and local retailers.

This release contains forward-looking statements within the meaning of the "safe
harbor"  provisions  of the Private  Securities  Litigation  Reform Act of 1995.
These  forward-looking  statements  include the company's  expected earnings per
share, the prospects for the overall business environment,  and other statements
containing the words  "expects,"  "anticipates,"  "estimates,"  "believes,"  and
words  of  similar  import.   The  company  cautions  investors  that  any  such
forward-looking  statements  are not guarantees of future  performance  and that
certain factors may cause actual results to differ  materially from those in the
forward-looking  statements.  Such  factors may  include:  overall  business and
economic  conditions and growth in the furniture  industry;  changes in customer
spending patterns and demand for home furnishings;  competitive factors, such as
design  and  marketing  efforts  by  other  furniture   manufacturers;   pricing
pressures;  success of the marketing  efforts of retailers and the prospects for
further  customer  failures;  the  company's  success  in  furniture  design and
manufacture;   the  effects  of  manufacturing  realignments  and  cost  savings
programs;  and other  risk  factors  listed  from time to time in the  company's
public  releases and SEC reports,  including  but not limited to the most recent
reports on Forms 10-Q and 10-K.  The company also  cautions  investors  that our
forecast for the fourth quarter and the year 2002 represents our outlook only as
of  this  date,  and  we  undertake  no  obligation  to  update  or  revise  any
forward-looking  statements,   whether  as  a  result  of  new  developments  or
otherwise.

Mr. Holliman will be interviewed with respect to this earnings release on CNBC's
"Wake Up Call" at 5:20 a.m.  (Central  Time) on  Thursday,  October 24,  2002. A
conference  call will be held to discuss the third quarter  results at 7:30 a.m.
(Central   Time)  on  October   24,   2002.   The  call  can  be   accessed   at
www.streetevents.com, or on the company's website at www.furniturebrands.com


<PAGE>
<TABLE>
<CAPTION>


                       FURNITURE BRANDS INTERNATIONAL

                        CONSOLIDATED OPERATING RESULTS
                    (Dollars in thousands except per share)
                                (Unaudited)




                                                                          Three Months Ended                Nine Months Ended
                                                                                September 30,                   September 30,
                                                                         2002              2001             2002           2001
                                                                   ------------      ------------      --------------  -------------

<S>                                                                   <C>               <C>              <C>              <C>
   Net sales......................................................    $563,246          $448,682         $1,802,218       $1,414,512
   Costs and expenses:
     Cost of operations...........................................     404,899           327,787          1,290,727        1,033,237
     Selling, general and administrative expenses.................     103,552            82,115            322,320          251,392
     Depreciation and amortization ...............................      12,018            13,507             36,840           43,530
     Asset impairment charges.....................................          -                -                  -             18,000
                                                                   -------------    -------------      -------------    ------------
   Earnings from operations.......................................      42,777            25,273            152,331           68,353

   Interest expense...............................................       5,388             5,197             16,482           17,505
   Other income, net..............................................         911               790              2,981            2,209
                                                                   -------------     ------------      -------------    ------------
   Earnings before income tax expense.............................      38,300            20,866            138,830           53,057
   Income tax expense.............................................      13,642             6,995             49,316           17,858
                                                                   -------------     -----------       -------------    ------------
   Net earnings...................................................   $  24,658         $  13,871        $    89,514       $   35,199
                                                                   =============     ===========       =============    ============

   Net earnings per common share (diluted)........................      $ 0.44            $ 0.27             $ 1.59           $ 0.69
                                                                        ======            ======             ======           ======

   Average diluted common shares
     outstanding (in thousands)...................................      56,176            51,466             56,458           51,255
                                                                        ======            ======             ======           ======


Note:Effective   January  1,  2002,  the  company   adopted  FAS  142  regarding
     amortization of goodwill and other  intangible  assets.  If this accounting
     change had  occurred  effective  January 1, 2001,  the  company  would have
     reported  diluted net  earnings per common share of $0.32 and $0.85 for the
     three-month and nine-month periods ended September 30, 2001, respectively.

</TABLE>

<PAGE>
<TABLE>
<CAPTION>



                         FURNITURE BRANDS INTERNATIONAL

                      CONSOLIDATED CONDENSED BALANCE SHEETS
                             (Dollars in thousands)
                                   (Unaudited)




                                                                                   September 30,           December 31,
                                                                                            2002                   2001
                                                                               -----------------      -----------------
Assets

Current assets:
<S>                                                                                 <C>                    <C>
  Cash and cash equivalents.........................................                $     18,181           $     15,707
  Receivables, net..................................................                     383,102                359,493
  Inventories.......................................................                     420,275                369,773
  Prepaid expenses and other current assets.........................                      28,387                 33,742
                                                                                   -------------          -------------
    Total current assets............................................                     849,945                778,715
Net property, plant and equipment ..................................                     329,616                321,640
Intangible assets...................................................                     359,043                367,305
Other assets........................................................                      38,551                 35,829
                                                                                   -------------          -------------
                                                                                      $1,577,155             $1,503,489
                                                                                   =============          =============

Liabilities and Shareholders' Equity

Current liabilities:
  Accrued interest expense .........................................                $      3,087           $      2,805
  Accounts payable and other accrued expenses ......................                     212,610                172,490
                                                                                    ------------            -----------
    Total current liabilities.......................................                     215,697                175,295
Long-term debt .....................................................                     374,800                454,400
Other long-term liabilities.........................................                     120,799                114,135

Shareholders' equity ...............................................                     865,859                759,659
                                                                                    ------------           ------------
                                                                                      $1,577,155             $1,503,489
                                                                                    ============           ============



</TABLE>
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{"company-data": {"conformed-name": "FURNITURE BRANDS INTERNATIONAL INC", "cik": "0000050957", "assigned-sic": "2510", "irs-number": "430337683", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-00091", "film-number": "02798942"}, "business-address": {"street1": "101 S HANLEY RD STE 1900", "city": "ST LOUIS", "state": "MO", "zip": "63105", "phone": "3148631100"}, "mail-address": {"street1": "101 SOUTH HANLEY RD", "city": "ST LOUIS", "state": "MO", "zip": "63105"}, "former-company": {"former-conformed-name": "INTERNATIONAL SHOE CO", "date-changed": "19690313"}}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

 Date of Report (date of earliest event reported): October 25, 2002
                                                           (October 23, 2002)

                      Furniture Brands International, Inc.
               (Exact name of Registrant as specified in charter)

       Delaware                         I-91                  43-0337683
--------------------------      -------------------     ----------------------
(State of Incorporation)           (Commission              (IRS Employer
                                   File Number)         Identification Number)

              101 South Hanley Road, St. Louis, Missouri 63105
                  (Address of principal executive offices)

                                 (314) 863-1100
                         (Registrant's telephone number)
Item 5. Other Matters

     On October 23, 2002, the Company announced  operating results for the third
quarter and first nine months of 2002.

     Net sales for the third quarter of 2002 were $563.2 million,  compared with
$448.7 million in the third quarter of 2001, an increase of 25.5%.  For the nine
months net sales were $1,802.2  million,  compared with $1,414.5  million in the
same period of 2001,  an increase of 27.4%.  Excluding  the impact of  Henredon,
Drexel Heritage and  Maitland-Smith,  which the Company acquired as of the close
of business on December  28,  2001,  the  Company's  sales  (Broyhill,  Lane and
Thomasville) showed year-over-year growth of 4.5% in the quarter and 6.7% in the
nine months.

     Net earnings for the third  quarter were $24.6 million as compared to $13.9
million in the third quarter of last year. Diluted net earnings per common share
were $0.44 as  compared  to $0.27 in the third  quarter of 2001.  Excluding  all
restructuring  charges  recorded  in the third  quarter of 2001,  the  Company's
diluted net earnings  per common  share in that  quarter  would have been $0.29.
Effective  January 1, 2002, the Company adopted FAS #142,  which  eliminated the
amortization of goodwill and other intangible  assets with indefinite lives. Had
FAS #142  been  effective  in the  third  quarter  of 2001,  and  excluding  the
restructuring  charges  mentioned  above,  net  earnings per common share in the
quarter  would have been $0.34,  indicating  a 29.4%  increase in 2002  earnings
versus the comparable period in 2001.

     Net  earnings  for the nine months of 2002 were $89.5  million or $1.59 per
diluted  common share as compared to $35.2  million or $0.69 per diluted  common
share in the same period of 2001. Had FAS #142 been effective in the nine months
of 2001,  and excluding the asset  impairment  and  restructuring  charges,  net
earnings per common share would have been $1.12.

     The Company also  announced that its current  projections  for earnings per
share in the  third  quarter  is $0.50 to $0.55 and for the full year 2002 is in
the $2.09 to $2.14 range.

Item 7. Financial Statements and Exhibits

(c)  Exhibit

     99   Press Release, dated October 23, 2002
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.

                                    Furniture Brands International, Inc.

                              By:     /s/Steven W. Alstadt
                                    -------------------------------
                                      Steven W. Alstadt
                                      Controller and Chief Accounting Officer

Dated: October 25, 2002
INFORMATION

FOR IMMEDIATE RELEASE

                    FURNITURE BRANDS INTERNATIONAL ANNOUNCES
                      THIRD QUARTER 2002 FINANCIAL RESULTS

St. Louis,  Missouri,  October 23, 2002 - Furniture Brands  International (NYSE:
FBN) announced today its financial  results for the third quarter and first nine
months of 2002.

Net Sales

Net sales for the third  quarter  of 2002 were  $563.2  million,  compared  with
$448.7 million in the third quarter of 2001, an increase of 25.5%.  For the nine
months,  net sales were $1,802.2 million,  compared with $1,414.5 million in the
same period of 2001,  an increase of 27.4%.  Excluding  the impact of  Henredon,
Drexel Heritage and  Maitland-Smith,  which the company acquired as of the close
of business on December  28,  2001,  the  company's  sales  (Broyhill,  Lane and
Thomasville) showed year-over-year growth of 4.5% in the quarter and 6.7% in the
nine months.

Net Earnings

Net  earnings  for the third  quarter  were $24.6  million as  compared to $13.9
million in the third quarter of last year. Diluted net earnings per common share
were $0.44 as  compared  to $0.27 in the third  quarter of 2001.  Excluding  all
restructuring  charges  recorded  in the third  quarter of 2001,  the  company's
diluted net earnings  per common  share in that  quarter  would have been $0.29.
Effective  January 1, 2002, the company adopted FAS #142,  which  eliminated the
amortization of goodwill and other intangible  assets with indefinite lives. Had
FAS #142  been  effective  in the  third  quarter  of 2001,  and  excluding  the
restructuring  charges  mentioned  above,  net  earnings per common share in the
quarter  would have been $0.34,  indicating  a 29.4%  increase in 2002  earnings
versus the  comparable  period in 2001.  Net  earnings  for the nine months were
$89.5 million or $1.59 per diluted  common share as compared to $35.2 million or
$0.69 per  diluted  common  share in the same period of 2001.  Had FAS#142  been
effective in the first nine months of 2001, and excluding  asset  impairment and
other  restructuring  charges,  diluted net earnings per common share would have
been $1.12.
Management Comments

"In the current difficult business  environment,  we are pleased to report these
year over year  increases in sales," stated W. G. (Mickey)  Holliman,  Chairman,
President and Chief Executive Officer. "Though only half our businesses continue
to show favorable gains, and even those have moderated somewhat from their highs
earlier  in the year,  we have been able to post a  meaningful  increase  in net
earnings and earnings per share.

"While business remains comparatively strong at Broyhill and Lane, the companies
at the higher-end of our product line -- Thomasville,  Henredon, Drexel Heritage
and  Maitland-Smith  - continue to show flat to  slightly  down orders year over
year. We see nothing to date that would indicate a turnaround in business at the
high-end anytime before the end of this year.

"With respect to operating earnings and margin performance, the third quarter is
seasonally  the  weakest  due to  slower  retail  activity  and  plant  vacation
shutdowns," Mr. Holliman  continued.  "Additionally,  the quarter was negatively
impacted by two plant  closures,  some discount  programs  designed to stimulate
sales, and our ongoing transition to a higher level of offshore sourcing.

"The good news is that,  despite a buildup  in  inventories  caused by  seasonal
needs and the rapidly expanding import program, we had another strong quarter in
terms of operating  cash flow.  We reduced our  long-term  debt by $30.6 million
during  the  quarter  and we have now  achieved  our  long-stated  target of 30%
debt-to-book capitalization.  Our ability to generate substantial cash flow from
operations,  even in a  challenging  business  environment,  along with a strong
balance sheet gives us the flexibility to invest wisely as growth  opportunities
are presented."

Outlook

Mr.  Holliman  concluded,  "Having just  completed the fall  International  Home
Furnishings  Market,  we are  excited  about  retailer  response  to our product
offerings and business strategy,  and we expect continued market share expansion
as a result.

"We believe our fourth quarter sales growth - excluding the  acquisitions - will
be  essentially  flat with the same period last year and we expect our  earnings
per share for the quarter to be in the $0.50 to $0.55 range. This would indicate
a  full-year  expectation  in the  range  of  $2.09  to  $2.14.  As has been our
practice,  we will provide an update on our fourth quarter  expectation in early
December."

Furniture   Brands   International   is  America's   largest  home   furnishings
manufacturer,   manufacturing  and  sourcing  its  products  under  six  of  the
best-known brand names in the industry - Broyhill, Lane, Thomasville,  Henredon,
Drexel  Heritage and  Maitland-Smith.  The company markets its products across a
broad  spectrum of price  categories  and  distributes  its products  through an
extensive system of independently owned national, regional and local retailers.

This release contains forward-looking statements within the meaning of the "safe
harbor"  provisions  of the Private  Securities  Litigation  Reform Act of 1995.
These  forward-looking  statements  include the company's  expected earnings per
share, the prospects for the overall business environment,  and other statements
containing the words  "expects,"  "anticipates,"  "estimates,"  "believes,"  and
words  of  similar  import.   The  company  cautions  investors  that  any  such
forward-looking  statements  are not guarantees of future  performance  and that
certain factors may cause actual results to differ  materially from those in the
forward-looking  statements.  Such  factors may  include:  overall  business and
economic  conditions and growth in the furniture  industry;  changes in customer
spending patterns and demand for home furnishings;  competitive factors, such as
design  and  marketing  efforts  by  other  furniture   manufacturers;   pricing
pressures;  success of the marketing  efforts of retailers and the prospects for
further  customer  failures;  the  company's  success  in  furniture  design and
manufacture;   the  effects  of  manufacturing  realignments  and  cost  savings
programs;  and other  risk  factors  listed  from time to time in the  company's
public  releases and SEC reports,  including  but not limited to the most recent
reports on Forms 10-Q and 10-K.  The company also  cautions  investors  that our
forecast for the fourth quarter and the year 2002 represents our outlook only as
of  this  date,  and  we  undertake  no  obligation  to  update  or  revise  any
forward-looking  statements,   whether  as  a  result  of  new  developments  or
otherwise.

Mr. Holliman will be interviewed with respect to this earnings release on CNBC's
"Wake Up Call" at 5:20 a.m.  (Central  Time) on  Thursday,  October 24,  2002. A
conference  call will be held to discuss the third quarter  results at 7:30 a.m.
(Central   Time)  on  October   24,   2002.   The  call  can  be   accessed   at
www.streetevents.com, or on the company's website at www.furniturebrands.com
FURNITURE BRANDS INTERNATIONAL

                        CONSOLIDATED OPERATING RESULTS
                    (Dollars in thousands except per share)
                                (Unaudited)

                                                                          Three Months Ended                Nine Months Ended
                                                                                September 30,                   September 30,
                                                                         2002              2001             2002           2001
                                                                   ------------      ------------      --------------  -------------
Net sales......................................................    $563,246          $448,682         $1,802,218       $1,414,512
   Costs and expenses:
     Cost of operations...........................................     404,899           327,787          1,290,727        1,033,237
     Selling, general and administrative expenses.................     103,552            82,115            322,320          251,392
     Depreciation and amortization ...............................      12,018            13,507             36,840           43,530
     Asset impairment charges.....................................          -                -                  -             18,000
                                                                   -------------    -------------      -------------    ------------
   Earnings from operations.......................................      42,777            25,273            152,331           68,353

   Interest expense...............................................       5,388             5,197             16,482           17,505
   Other income, net..............................................         911               790              2,981            2,209
                                                                   -------------     ------------      -------------    ------------
   Earnings before income tax expense.............................      38,300            20,866            138,830           53,057
   Income tax expense.............................................      13,642             6,995             49,316           17,858
                                                                   -------------     -----------       -------------    ------------
   Net earnings...................................................   $  24,658         $  13,871        $    89,514       $   35,199
                                                                   =============     ===========       =============    ============

   Net earnings per common share (diluted)........................      $ 0.44            $ 0.27             $ 1.59           $ 0.69
                                                                        ======            ======             ======           ======

   Average diluted common shares
     outstanding (in thousands)...................................      56,176            51,466             56,458           51,255
                                                                        ======            ======             ======           ======

Note:Effective   January  1,  2002,  the  company   adopted  FAS  142  regarding
     amortization of goodwill and other  intangible  assets.  If this accounting
     change had  occurred  effective  January 1, 2001,  the  company  would have
     reported  diluted net  earnings per common share of $0.32 and $0.85 for the
     three-month and nine-month periods ended September 30, 2001, respectively.
FURNITURE BRANDS INTERNATIONAL

                      CONSOLIDATED CONDENSED BALANCE SHEETS
                             (Dollars in thousands)
                                   (Unaudited)

                                                                                   September 30,           December 31,
                                                                                            2002                   2001
                                                                               -----------------      -----------------
Assets

Current assets:
Cash and cash equivalents.........................................                $     18,181           $     15,707
  Receivables, net..................................................                     383,102                359,493
  Inventories.......................................................                     420,275                369,773
  Prepaid expenses and other current assets.........................                      28,387                 33,742
                                                                                   -------------          -------------
    Total current assets............................................                     849,945                778,715
Net property, plant and equipment ..................................                     329,616                321,640
Intangible assets...................................................                     359,043                367,305
Other assets........................................................                      38,551                 35,829
                                                                                   -------------          -------------
                                                                                      $1,577,155             $1,503,489
                                                                                   =============          =============

Liabilities and Shareholders' Equity

Current liabilities:
  Accrued interest expense .........................................                $      3,087           $      2,805
  Accounts payable and other accrued expenses ......................                     212,610                172,490
                                                                                    ------------            -----------
    Total current liabilities.......................................                     215,697                175,295
Long-term debt .....................................................                     374,800                454,400
Other long-term liabilities.........................................                     120,799                114,135

Shareholders' equity ...............................................                     865,859                759,659
                                                                                    ------------           ------------
                                                                                      $1,577,155             $1,503,489
                                                                                    ============           ============