FORM 10-Q/A
                                  AMENDMENT NO. 1
    
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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

                 For the quarterly period ended December 30, 1995

                                                 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 No. 0-8544

                            SPEIZMAN INDUSTRIES, INC.
             (Exact name of registrant as specified in its charter)

                          Delaware                       56-0901212
           (State or other jurisdiction of            (I.R.S. Employer
            incorporation or organization)          Identification No.)
                     508 West Fifth St.                     28202
               Charlotte, North Carolina                   (Zip Code)
      (Address of principal executive offices)

                                 (704) 372-3751
              (Registrant's telephone number, including area code)

                                 Not Applicable
             (Former name, former address and former fiscal year, if
                           changed since last report)

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, 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.

                                                    Outstanding at
   
             Class of Common Stock               February 7, 1996
    
            Par value $.10 per share                 3,208,599


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                                   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 thereunto duly authorized.


                                               SPEIZMAN INDUSTRIES, INC.
                                                             (Registrant)




Date:      February 13, 1995                   /s/ Robert S. Speizman
           ---------------------               ----------------------
                                               Robert S. Speizman
                                               President


Date:      February 13, 1995                   /s/ Josef Sklut
           ---------------------               ----------------------
                                               Josef Sklut
                                               Vice President-Finance
                                               (Chief Financial Officer)