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La-Z-Boy Incorporated is a residential furniture producer, marketing furniture for every room of the home, as well as for hospitality, health care and assisted-living industries. The Company manufactures reclining chairs and upholstered furniture, and also manufactures and imports Casegoods (wood) furniture products for resale in North America. The Company operates in three segments: the Upholstery Group, the Casegoods Group and the Retail Group. The La-Z-Boy Upholstery Group companies are Bauhaus, England, La-Z-Boy and La-Z-Boy, U.K. The La-Z-Boy Casegoods Group companies are American Drew, Hammary, Kincaid and Lea. In May 2007, the Company completed the sale of Sam Moore Furniture to Hooker Furniture. In October 2007, the Company announced that it has completed the sale of its subsidiary, Clayton-Marcus Company, Inc., to Rowe Fine Furniture, Inc. (Rowe).(Source: 10-K)