Form 12b-25
[As last amended in Release No.34-31905, February 23, 1993, 58 F
.R. 14628.]
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ]
Form N-SAR
For Period Ended: June 17, 1995
[ ]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:
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:
...............................
.................................................................
.............
Part I-Registrant Information
Full Name of Registrant HOMELAND HOLDING CORPORATION
Former Name if Applicable
Address of Principal Executive Officer (Street and Number)
2601 N.W. Expressway, Oil Center East
City, State and Zip Code: Oklahoma City, Oklahoma 73112
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 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.
Part III-Narrative
State below in reasonable detail the reasons why Form 10-K, 20-F,
11-K, 10-Q, N-SAR or the transition report or portion thereof
could not be filed within the prescribed time period.
The Registrant does not have available all the financial
information necessary to complete the Financial Statement and
Management's Discussion and Analysis sections of the Form 10-Q.
Part IV-Other Information
(1) Name and telephone number of person to contact in regard to
this notification
Terry Marczewski (405) 879-8605
(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
Page 2
(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 estimated that the Registrant's net sales for the 24
weeks ended June 17, 1995 will be 11.5% lower than the
corresponding period in 1994 due to increased competition in
the Company's market area as well as the sale of 29 stores to
Associated Wholesale Grocers and the closure of an additional
7 stores. It is estimated that the Registrant's operating
loss for 24 weeks ending June 17, 1995 will be $7.6 million
compared to an operating profit of $2.2 million for the
corresponding period in 1994. The primary reason for the loss
is the continuation of restructuring costs in connection with
the sale of the Registrant's warehouse and 29 stores to
Associated Wholesale Grocers, Inc. which closed April 21,
1995, and the planned closing of certain stores in 1995. In
addition, interest expense is 3.2% higher than 1994 due to
higher interest rates in 1995.
HOMELAND HOLDING CORPORATION
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: August 1, 1995 By: Terry Marczewski
Terry Marczewski, Chief Accounting Officer
Page 3
