UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) March 14, 1997 GALEY & LORD, INC. (Exact name of registrant as specified in its charter) DELAWARE 56-1593207 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 980 Avenue of the Americas New York, New York 10018 (Address of principal executive offices) Zip Code 212/465-3000 Registrant's telephone number, including area code Not Applicable Former name, former address and former fiscal year, if changed since last report. Item 5. Other Events. Incorporated by reference herein and attached as an exhibit hereto is the press release of Galey & Lord, Inc. (the "Company") dated March 14, 1997, announcing that the Company's expected earnings for the March quarter 1997 will likely fall short of the average estimates that stock analysts have projected. Exhibit 1. Press Release of Galey & Lord, Inc., dated March 14, 1997. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Galey & Lord, Inc. (Registrant) /s/ Michael R. Harmon Michael R. Harmon Executive Vice-President, Chief Financial Officer (Principal Financial and Accounting Officer), Treasurer and Secretary March 21, 1997 Date