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 19, 1994 LADD FURNITURE, INC. (Exact name of registrant as specified in its charter) North Carolina 0-11577 56-1311320 (State or other (Commission (I.R.S. Employer jurisdiction File Number) Identification No.) of Incorporation) One Plaza Center, Box HP-3, High Point, North Carolina 27261-1500 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (910) 889-0333 N/A (Former name or former address, if changed since last report.) ITEM 1. Changes in Control of Registrant. Not Applicable. ITEM 2. Acquisition or Disposition of Assets. Not Applicable. ITEM 3. Bankruptcy or Receivership. Not Applicable. ITEM 4. Changes in Registrant's Certifying Accountant. Not Applicable. ITEM 5. Other Events. (a) On October 19, 1994, LADD Furniture, Inc. ("LADD") entered into an amended and restated credit facility with a group of ten banks led by NationsBank of North Carolina, N.A., as agent (the "NationsBank Credit Facility"). The NationsBank Credit Facility consists of a $75.0 million, five-year term loan ("Term Loan") and a $115.0 million, five year revolving credit facility ("Revolver"). (b) On October 27, 1994, the Board of Directors of LADD authorized the repurchase of up to 1,000,000 shares of LADD common stock from time to time in the open market. The 1,000,000 shares to be repurchased under this program represents approximately 4.0% of the 23.1 million shares of LADD common stock currently outstanding. See Exhibit 99.2 for the press release regarding this stock repurchase program issued on October 28, 1994. ITEM 6. Resignations of Registrant's Directors. Not Applicable. ITEM 7. Financial Statements and Exhibits. a) Exhibits 99.1 Amended and Restated Credit Agreement among LADD Furniture, Inc., each of the subsidiaries of the Company listed on signature pages as Guarantors, each of the Banks that is signatory and NationsBank of North Carolina, N.A., as Agent for the Banks (including pertinent exhibits thereto). 99.2 Press Release of LADD Furniture, Inc. dated October 28, 1994 regarding the stock repurchase program ITEM 8. Change in Fiscal Year. Not Applicable. SIGNATURES 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 hereunto duly authorized. LADD FURNITURE, INC. Date: November 14, 1994 By: /s/ William S. Creekmuir William S. Creekmuir Title: Senior Vice President, Chief Financial Officer, Treasurer and Secretary