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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
            ______________________________________________________

                                  FORM 10-K/A
(Mark One)

[X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

     For the fiscal year ended January 31, 1998.

[ ]  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: 0-21448

                          NATIONAL HOME CENTERS, INC.
            (Exact name of registrant as specified in its charter)

                   Arkansas                             71-0403343
       (State or other jurisdiction of      (I.R.S. Employer Identification No.)
        incorporation or organization)                     
                 

               Highway 265 North
              Springdale, Arkansas                        72765
    (Address of principal executive offices)            (Zip Code)

      Registrant's telephone number, including area code: (501) 756-1700

       SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: None

          SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:

   Common Stock, $.01 par value traded on The Nasdaq National Market 

     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 by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K ((S) 229.405 of this chapter) (is not contained herein,
and will not be contained, to the best of registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of this
Form 10-K or any amendment of this Form 10-K [ ]

     On April 6, 1998, there were outstanding 7,142,251 shares of the
registrant's Common Stock, $.01 par value.

     The aggregate market value of the 2,446,668 shares of Common Stock held by
non-affiliates of the registrant as of April 6, 1998 was $4,893,336.

                      DOCUMENTS INCORPORATED BY REFERENCE

     National Home Centers, Inc. Annual Report for fiscal year ended January 31,
1998 (certain portions incorporated by reference into Part II)

     Proxy Statement for Annual Meeting of Stockholders, June 4, 1998 and
Adjournments (certain portions incorporated by reference into Part III)
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ITEM 14

        The text of Exhibit 13.1 as filed on May 1, 1998 is deleted in its 
entirety and replaced with the attached Exhibit 13.1.

                                  SIGNATURES

        Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                        NATIONAL HOME CENTERS, INC.



                May 28, 1998            By  /s/ Brent A. Hanby
                                           -----------------------------
                                           Brent A. Hanby
                                           Executive Vice President,
                                           Chief Financial Officer and
                                             Director