UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number 333-56461
(Check One): |X| Form 10-K |_| Form 11-K |_| Form 20-F
|_| Form 10-Q |_| Form N-SAR
For Period Ended: March 1, 2003
|_| 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 Instruction (on back page) 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.
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PART I - REGISTRANT INFORMATION
Pierre Foods, Inc.
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Full Name of Registrant
9990 Princeton Road
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Address of Principal Executive Office (Street and Number)
Cincinnati, Ohio 45246
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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)
(a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable
effort or expense;
(b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, Form 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
|X| 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 Forms 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. (Attach Extra Sheets if Needed).
As this Form 10-K came due, the registrant had not yet completed its evaluation
of the effect of Statement of Financial Accounting Standards No. 142, "Goodwill
and Other Intangible Assets."
PART IV - OTHER INFORMATION
1. Name and telephone number of person to contact in regard to this
notification:
Ms. Pamela M. Witters, Chief Financial Officer, (513) 874-8741
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 reports) 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.
Revenues for the fiscal year ended March 1, 2003 ("fiscal 2003") were
$275,393,455, as compared to revenues of $242,605,000 for the fiscal
year ended March 2, 2002 ("fiscal 2002"). Operating income for fiscal
2003 was $16,681,854, as compared to operating income of $13,575,937
for fiscal 2002. Net income for fiscal 2003 was $1,777,981, as compared
to net income of $580 for fiscal 2002.
Pierre Foods, Inc. has caused this notification to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: May 30, 2003 By: /s/ Pamela M. Witters
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Pamela M. Witters
Chief Financial Officer
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