SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12B-25
SEC File Number: 0-15017
NOTIFICATION OF LATE FILING
(Check One): [x] Form 10-K [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q
[ ] Form N-SAR
For Period Ended: May 31, 1997
[ ] Transition Report on Form 10-K Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended: --------------------------------------
Read attached instruction sheet before preparing form. Please print or
type.
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:
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PART I
REGISTRANT INFORMATION
Full name of registrant: Barry's Jewelers, Inc.
Former name if applicable
Address of principal executive office (Street and number): 111 West Lemon Avenue
City, state and zip code: Monrovia, California 91016
PART II
RULE 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 appropriate box.)
[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, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on
or before the 15th calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion
thereof will be filed on or before the fifth calendar day following the
prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
<PAGE>
PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report or portion thereof could not be filed
within the prescribed time period. (Attach extra sheets if needed.): On May 11,
1997, the registrant filed a voluntary petition under Chapter 11 of Title 11 of
the United States Code (Case No. CA 97-27988-VZ), as previously reported on Form
8-K dated May 19, 1997. The registrant's management has been required to devote
a substantial amount of its time to the early phases of its Chapter 11 case. As
a result, the registrant has not yet finalized the accounting for its fiscal
year end results.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
E. Peter Healey (818) 303-4741
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(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 the 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. It is currently anticipated
that the registrant will report net losses for the three months and the fiscal
year ended May 31, 1997, respectively, in excess of the net losses of $4.5
million and $2.9 million for the three months and fiscal year ended May 31,
1996, respectively. Until the registrant finalizes the accounting, results for
the three months and fiscal year ended May 31, 1997, it cannot make a reasonable
estimate of the results of operations for the three months or fiscal year ended
May 31, 1997, respectively.
Barry's Jewelers, Inc.
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date September 2, 1997 By /s/ Daniel L. Felsenthal
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Daniel L. Felsenthal
Vice President - Finance
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