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**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**Form      10-Q/A**

**(Amendment      No.      1)**

| **[X]** | **QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|---------|------------------------------------------------------------------------------------------------------------------------------------------|

*For      the      quarterly period ended *
***July      1,      2006***

*or*

| **[                ]** | **TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|------------------------|--------------------------------------------------------------------------------------------------------------------------------------------|

*for      the      transition period from *
* *
*      to*
* *
*.*

**STANLEY      FURNITURE COMPANY, INC.**

|                                                                         | **Delaware**                                        |   | **54-1272589** |   |
|------------------------------------------------------------------------------|-----------------------------------------------------|--------|----------------|--------|
| (State                or                other jurisdiction of incorporation) | (I.R.S.                Employer Identification No.) |

**1641      Fairystone Park Highway, Stanleytown, Virginia 24168**

**(276)      627-      2000**

**July**
**      12,      2006,**
**11,680,155      **

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| (b.) | The                    stockholders of the Company elected two directors for a three-year                    term                    expiring at the annual meeting of stockholders to be held in                    2009. The                    election was approved by the following                    vote: |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                            |                       For |   |  Withheld                                                             |
|--------------------------------------------|-------------------------------------|--------|----------------------------------------------------------------------------|
|                                       |                                |   |                                                                       |
|  Michael                  P. Haley    |  11,220,402                    |   |                          387,991                  |
|                                       |                                |   |                                                                       |
|  Albert                  L. Prillaman |  11,510,242                    |   |                             98,151 |

| Item                    6. | Exhibits |
|----------------------------|----------|

| 31.1   | Certification                    by Jeffrey R. Scheffer, our Chief Executive                    Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant                    to                    Section 302 of the Sarbanes-Oxley Act of 2002.(1) |   |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|   |                                                                                                                                                                                                                                                        |   |
| 31.2   | Certification                    by Douglas I. Payne, our Chief Financial                    Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant                    to                    Section 302 of the Sarbanes-Oxley Act of 2002. (1)   |   |
|   |                                                                                                                                                                                                                                                        |   |

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| Date:                  April 6, 2007 |   | **STANLEY                  FURNITURE COMPANY, INC.**                                          |
|--------------------------------------|--------|-----------------------------------------------------------------------------------------------|
|                                 |   | By:                  /s/ Douglas I. Payne                                                     |
|                                 |   | Douglas                  I. Payne                                                             |
|                                 |   | Executive                  V.P. - Finance & Administration And                  Secretary |
|                                 |   | (Principal                  Financial and Accounting                  Officer)                |