UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
SEC FILE NUMBER 2-59958
CUSIP NUMBER
NOTIFICATION OF LATE FILING
(Check One): [X]Form 10-K [ ]Form 20-F [ ]Form 11-K
[ ]Form 10-Q [ ]Form N-SAR
For Period Ended: July 1, 2000
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ___________________
Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
GOLD KIST INC.
Full Name of Registrant
Former Name if Applicable
244 Perimeter Center Parkway, N.E.
Address of Principal Executive Office (Street and Number)
Atlanta, GA 30346
City, State and Zip Code
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to
Rule 12b-25(b), the following should be completed. (Check box
if appropriate)
[ X ] (a) The reasons described in reasonable detail in Part
III of this form could not be eliminated without
unreasonable effort or expense;
[ X ] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F,11-K or Form
N-SAR, or portion thereof, will be filed on or before
the fifteenth calendar day following the prescribed due
date; or the subject quarterly report of transition
report on Form 10-Q, or portion thereof will be filed
on or before the fifth
[ ] (c) The accountant's statement or other exhibit
required by Rule 12b-25(c) has been attached if
applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K,
20-F, 11-K, 10-Q, N-SAR, or the transition report portion
thereof, could not be filed within the prescribed time period.
The Company is negotiating a new credit facility that will
have an impact on the disclosures contained in the Company's
Form 10-K. The Company anticipates that the terms of the
credit arrangements will be finalized within the next several
days and that an extension will enable the Company to include
in its Form 10-K appropriate disclosures relative to the
anticipated credit arrangements.
PART IV-- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard
to this notification
J. David Dyson 770- 393-5328
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13
or 15(d) of the Securities Exchange Act of 1934 or Section 30
of the Investment Company Act of 1940 during the preceding 12
months or for such shorter period that the registrant was
required to file such report(s) been filed? If answer is no,
identify report(s).[X]Yes [ ]No
(3) Is it anticipated that any significant change in results
of operations from the corresponding period for the last
fiscal year will be reflected by the earnings statements to be
included in the subject report or portion thereof? [X]Yes
[ ]No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be
made.
Net margins from continuing operations were $69.4 million for
the fiscal year ended June 26, 1999 as compared to a net loss
from continuing operations of $(26.1) million for the fiscal
year ended July 1, 2000. The decline in net margins was
primarily due to depressed sales prices for poultry products
and increased operating costs during fiscal 2000.
GOLD KIST INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: September 29, 2000 By: /s/ Stephen O. West
Title: Chief Financial Officer
12822
