SECURITIES AND EXCHANGE COMMISSION 
                             Washington, D.C.  20549 
 
                                   Form 10-Q 
 
(x)  Quarterly Report Pursuant to Section 13 or 15(d) of the Security Exchange 
     Act of 1934 For the Quarterly period ended June 28, 1997 
 
                                     or 
 
(  )  Transition Report Pursuant to Section 13 or 15(d) of the Securities       
      Exchange Act of 1934 For the Transition period from ______ to _______ 
 
                         Commission File Number 1-7138 
  
                                  CAGLE'S, INC. 
 
                GEORGIA                                58-0625713 
  (State or other Jurisdiction of         (I.R.S. Employer Identification No.) 
   Incorporation or Organization) 
 
                 2000 Hills Avenue, N. W. Atlanta, Georgia  30318 
 
              (Address of Principal Executive Offices and Zip Code) 
 
                                  (404) 355-2820 
 
              (Registrant's Telephone Number, Including Area Code) 
 
Indicate by check mark whether the registrant (1) has filed all reports  
required to be filed by Section 13 or 15(d) of the Securities Exchange Act  
of 1934 during the preceding 12 months (or for such shorter period that the  
Registrant was required to file such reports), and (2) has been subject to  
such filing requirements for the past 90 days. 
 
                  Yes  __x__                   No ______ 
 
Indicate the number of shares outstanding of each of the issuer's classes of 
common stock, as of the latest practicable date 
 
       Class                                      Outstanding June 28, 1997 
--------------------------------------          ----------------------------- 
Class A Common Stock, $1.00 Par Value	                 5,006,281 
 
 
<PAGE> 
 
<TABLE> 
 
PART 1.  FINANCIAL INFORMATION 
 
Cagle's, Inc. And Subsidiary 
Consolidated Balance Sheets 
June 28, 1997 and March 29, 1997 
(In Thousands, Except Par Value) 
(Unaudited) 
<CAPTION> 
                                                   06/28/97       03/29/97 
                                                 ------------   ------------- 
<S>                                              <C>            <C> 
Assets 
----------------------------------------- 
CURRENT ASSETS 
Cash                                                  $  138          $   94 
Accounts receivable, net of allowance for 
doubtful accounts of $519 and $408 at 
June 28, 1997 and March 29, 1997, 
respectively                                          17,760          18,001 
Inventories                                           36,095          33,466 
Insurance Proceeds Receivable                              0           3,054 
Deferred Income Tax                                        0             114
Other current assets                                   1,552           2,075 
                                                 ------------    ------------ 
Total current assets                                  55,545          56,804 
                                                 ------------    ------------ 
INVESTMENTS IN AND RECEIVABLES FROM 
UNCONSOLIDATED AFFILIATES                             20,895          19,570 
OTHER ASSETS                                             683             692 
PROPERTY, PLANT, AND EQUIPMENT                        98,427         100,305 
Less accumulated depreciation                        (37,504)        (37,974) 
                                                 ------------    ------------ 
Property, plant, and equipment, net                   60,923          62,331 
                                                 ------------    ------------ 
TOTAL ASSETS                                        $138,046        $139,397 
                                                 ============    ============ 
</TABLE> 
<TABLE> 
<CAPTION> 
LIABILITIES & STOCKHOLDERS' EQUITY                                            
-----------------------------------------                                     
<S>                                              <C>             <C> 
CURRENT LIABILITIES                                                          
Current Maturities of Long Term Debt              $    4,019      $    3,325 
Accounts payable                                      12,992          12,460 
Accrued expenses                                      10,063           9,079 
                                                 ------------    ------------ 
Total Current Liabilities                             27,074          24,864 
                                                 ------------    ------------ 
LONG TERM DEBT (net of current maturities)            45,688          49,798 
NONCURRENT DEFERRED INCOME TAXES                      10,805          11,276 
                                                 ------------    ------------ 
STOCKHOLDERS' EQUITY: 
Common stock, $1 par value; authorized 9,000  
shares and 5006 and 5006 shares issued 
respectively                                           5,006           5,006 
Capital in excess of par value                         7,946           7,946 
Retained earnings                                     41,527          40,507 
                                                 ------------    ------------ 
Total stockholders' equity                            54,479          53,459 
                                                 ------------    ------------ 
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY         $ 138,046       $ 139,397 
                                                 ============    ============ 
<FN> 
The accompanying notes are an integral part of these consolidated financial 
statements. 
</TABLE> 
<PAGE> 
<TABLE> 
 
Cagle's, Inc., & Subsidiary 
Consolidated Statements of Income 
For the 13 weeks ended June 28, 1997 and June 29, 1996 
(Amounts in thousands, except per share data) 
(unaudited) 
                                        13 wks    13 wks  
                                         ended     ended  
                                       06/28/97  06/29/96 
                                       --------  -------- 
<S>                                    <C>       <C>      
Net Sales                               $86,767   $83,814 
 
Costs and Expenses: 
Cost of Sales                            81,645    83,070   
Selling and Delivery                      2,858     2,469 
General and Administrative                1,619     1,551    
                                        -------  --------   
Total costs and expenses                 86,122    87,090   
                                        -------  --------  
Income (Loss) From Operations               645    (3,276)   
 
Other Income(Expense):                                                   
Interest expense                           (977)     (996)   
Income from unconsolidated 
affiliates and other 
income, net                               2,201     1,782    
                                       --------  --------   
Income (Loss) Before Income Taxes         1,869    (2,490)   
 
(Provision) Benefit For Income Taxes       (699)      930    
                                       --------  --------   
Net Income (Loss)                        $1,170   $(1,560)  
                                       ========  ========  
Weighted Average Number Of 
Common Shares Outstanding                 5,006     5,006   
                                       ========  ========   
Net Income (Loss) Per Common Share     $   0.23  $  (0.31)   
Dividends Per Common Share                  .03       .03  
                                       ========  ========  
 
<FN> 
The accompanying notes are an integral part of these consolidated  
financial statements. 
 
</TABLE> 
<PAGE> 
<TABLE> 
 
Cagle's, Inc & Subsidiary 
Consolidated Statements of Cash Flows 
For the 13 weeks ended June 28, 1997 and June 29, 1996 
(In Thousands) 
(unaudited) 
<CAPTION> 
                                                  June 28, 1997   June 29, 1996 
                                                  -------------   ------------- 
<S>                                               <C>             <C> 
CASH FLOWS FROM OPERATING ACTIVITIES:                                         
Net Income (Loss)                                  $     1,170    $    (1,560)
 
Adjustments to reconcile net income to net cash 
provided by operating activities: 
Depreciation and amortization                            1,954           1,992 
(gain)loss on disposal of property, plant and 
equipment                                                    9              26 
Changes in investment in and receivables from 
unconsolidated affiliates                               (1,325)         (1,247) 
Changes in assets and liabilities: 
Accounts receivables, net                                  241           3,111 
Inventories                                             (2,629)         (4,409)
Insurance Proceeds Receivable                            3,054               0
Deferred Income Taxes asset                                114               0
Other current assets                                       523            (692)
Accounts payable                                           532           1,788 
Accrued expenses                                           984            (428) 
Income taxes payable                                         0            (184) 
Deferred income taxes payable                             (471)              0
                                                        -------         ------- 
Total Adjustments                                        2,986             (43)
                                                        -------         ------- 
Net cash provided (uses) by operating activities         4,156          (1,603)
                                                        -------         ------- 
 
CASH FLOWS FROM INVESTING ACTIVITIES: 
Additions to property, plant, and equipment               (551)           (225)
(Increase)decrease in other assets                           5             (47) 
Proceeds from the sale of property, plant, and equip.        0              94 
                                                        -------         -------
Net cash used in investing activities                     (546)           (178) 
                                                        -------         ------- 
Cash Flows from financing activities: 
Payments of long-term debt and capital 
lease obligations                                       (3,416)           (610)
Proceeds from issuance of long-term debt                     0           2,500 
Dividends Paid                                            (150)           (151)
                                                        -------         ------- 
Net cash provided (used) by financing activities        (3,566)          1,739 
                                                        -------         ------- 
NET INCREASE(DECREASE) IN CASH                              44             (42)
CASH AT BEGINNING OF PERIOD                                 94             326 
                                                        -------         ------- 
CASH AT END OF PERIOD                                   $  138          $  284 
                                                        =======         ======= 
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: 
Cash paid during the period for: 
Interest                                                $  691          $1,204 
                                                        =======         ======= 
Income Taxes paid                                       $  736          $    0 
                                                        =======         ======= 
<FN> 
The accompanying notes are an integral part of these consolidated financial 
statements. 
</TABLE> 
<PAGE> 
 
Cagle's, Inc. & Subsidiary 
Notes to Consolidated Condensed Financial Statements 
June 28, 1997 
 
 
1.  In the opinion of Management, the accompanying unaudited consolidated 
     financial statements contain all adjustments which are of normal and 
     recurring nature, necessary to present fairly the consolidated financial 
     position of Cagle's, Inc. and Subsidiary(the "Company") as of June 28, 
     1997 and March 29, 1997 and the results of their operations and their cash
     flows for the 13 weeks ended June 28, 1997 and June 29, 1996.  
 
2.  The results of operations for the 13 weeks ended June 28, 1997 and June 
    29, 1996 are not necessarily indicative of the results expected for the
    full year. 
 
3.  Inventories consisted of the following:  (In Thousands) 
 
                                   June 28, 1997        March 29, 1997 
 
Finished Product	                        $15,021              $ 12,188 
Field Inventory and Breeders              16,115                16,294 
Feed, Eggs, and Medication                 3,452                 3,472 
Supplies	                                  1,507                 1,512 
                                    ----------------     -------------- 
                                         $36,095               $33,466 
 
4.  Use of Estimates 
     The preparation of financial statements in conformity with generally 
     accepted accounting principles requires management to make estimates 
     and assumptions that affect the reported amounts of assets and liabilities,
     the disclosures of contingent assets and liabilities at the date of the  
     financial statements, and the reported amounts of revenues and expenses 
     during the reporting period.  Actual results may vary from those
     estimates. 
 
5.  Investments in and Receivables from Unconsolidated Affiliates. 
     The Company accounts for its investments in three unconsolidated 
     affiliates using the equity method.  The Company's share of earnings and
     management fees from these affiliates was $2,168,000 and $1,771,000 
     respectively for the 13 weeks ended June 28, 1997 and June 29, 1996. 
 
 
<PAGE>

Management's Discussion and Analysis of Financial  
Condition and Results of Operation 
June 28, 1997 
 
 
Financial Condition 
 
The Company received proceeds from its final insurance settlement for the
Pine Mountain Valley fire during the quarter.  This cash was used to reduce 
debt. There was an increase in finished goods inventory levels as movement
into export markets was sluggish throughout most of the period.

Working capital declined slightly from year end levels, but the current ratio
remained strong at 2.05 to 1, and debt to capital ratio was reduced to .428 
to 1.

Subsequent to the end of the period the Company utilized eight ($8) million 
of its revolver to retire secured debt from an insurance company; thus 
eliminating the last secured debt. As of the period end the Company had 
$18,750,000 available to borrow under existing lines of credit. After the 
July borrowing that availability is $10,750,000.
 
Results of Operations 
 
Sales for the 13 weeks ended June 28, 1997 increased 3.5% as compared to the 
same period of a year ago.  This increase is attributed primarily to 8.26% more
production pounds. 
 
Gross margins improved  to 5.9% as compared to .89% during the same period of 
a year ago. This improvement is mainly the result of lower feed costs. Feed 
cost averaged 17.2% lower this quarter as compared to a year ago when corn 
prices were approaching new record highs.
 
Selling, Delivery and Administrative Expenses 
 
Selling, delivery and administrative expenses for the quarter were 11.4% 
higher than a year ago; and are the result of increased outside storage cost
due to higher finished product inventories during the period. 
 
Interest Expense 
 
Interest expense for the quarter ended June 28, 1997 was 1.9% lower than for
the same period of a year ago. This reduction is attributed to slightly reduced
debt levels from a year earlier. Interest expense was impacted late in the 
quarter by increases in short term borrowing rates.
 
Other Income 
 
Other income increased by 23.6% as compared to the same period of a year ago.
This increase is due to increased production levels in one of the companies 
unconsolidated affiliates. Income from the affiliates totaled $2.168 million 
and $1.771 million, respectively, for the periods ended June 28, 1997 and 
June 29, 1996. 
 
Income Taxes 
 
The provision for income taxes reflects taxes at statutory rates adjusted for
available tax credits to which the Company is entitled. 
 
 
Part II	Other Information 
 
Item 9  Exhibits and Reports on Form 8-K 
	a.  Not applicable 
	b.  No reports on Form 8-K were filed during the quarter. 
 
Signatures 
 
	Pursuant to the requirements of the Securities and Exchange Act of 1934, 
the registrant has duly caused this report to be signed on its behalf by the  
undersigned thereunto duly authorized. 
 
 
 
Date:  August 8, 1997                      /s/      J. Douglas Cagle 
 
Date:  August 8, 1997                      /s/      Kenneth R. Barkley 
 
<PAGE>