SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
                                 -------------

                                   FORM 10-K

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

                   For the fiscal year ended November 1, 1998
                                       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 0-314

                         PULASKI FURNITURE CORPORATION
            (Exact name of registrant as specified in its charter)

                Virginia                                  54-0594965
     (State or other jurisdiction of                   (I.R.S. Employer
     incorporation or organization)                 Identification Number)

             P. O. Box 1371                                  24301
            Pulaski, Virginia                             (Zip Code)
(Address of principal executive offices)

Registrant's telephone number, including area code: (540) 980-7330

Securities registered pursuant to Section 12(b) of the Act:
                                     None

Securities registered pursuant to Section 12(g) of the Act:
                                 Common Stock
                       Preferred Stock Purchase Rights*
                               (Title of Class)

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  twelve 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 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 to this
Form 10-K. [X]

Aggregate  market value of the Common Stock held by  non-affiliates  of the
registrant as of December 18, 1998:  $47,647,900.**

Number of shares of Common Stock outstanding as of December 18, 1998:  2,894,597


<PAGE>



* On December 3, 1987 the Board of Directors of the registrant approved a Rights
Agreement  pursuant to which a special  dividend  consisting of Preferred  Stock
Purchase Rights (the "Original Rights") was distributed to the holders of record
of the  registrant  as of December 15,  1987.  The  Original  Rights  expired on
December  14,  1997.  On  December  12,  1997,  the  Board of  Directors  of the
registrant  approved a Rights  Agreement  pursuant  to which a special  dividend
consisting of Preferred  Stock Purchase Rights was distributed to the holders of
record of the registrant as of December 19, 1997.

** In  determining  this  figure,  the  registrant  has assumed  that all of its
officers,  directors  and persons known to the  registrant to be the  beneficial
owners  of  more  than  five  percent  of  the  registrant's  Common  Stock  are
affiliates.  Such assumption  shall not be deemed to be conclusive for any other
purpose.  The aggregate  market value has been  computed  based on the last sale
price for December 18, 1998, as reported by Nasdaq Amex Online.


                      DOCUMENTS INCORPORATED BY REFERENCE


1.    Portions of Pulaski Furniture Corporation's 1998 Annual Report to Security
      Holders are  incorporated  by reference  into Parts II and IV of this Form
      10-K.

2.    Portions of Pulaski Furniture Corporation's definitive Proxy Statement for
      its 1999 Annual  Meeting of  Stockholders  (filed with the  Securities and
      Exchange  Commission  pursuant  to  Regulation  14A under  the  Securities
      Exchange Act of 1934) are  incorporated by reference into Part III of this
      Form 10-K.

                                      -2-
<PAGE>



                                    PART I
Item 1.     Business

General

      Since  its  organization  in  1955,  Pulaski  Furniture  Corporation  (the
"Company")  has engaged  exclusively  in the  production  and sale of  furniture
products.  The Company  presently  manufactures  medium-priced  wooden  bedroom,
dining room and occasional  furniture (in plants located in Pulaski,  Dublin and
Martinsville,  Virginia), and grandfather,  mantel and wall clocks (in its plant
in  Ridgeway,  Virginia).  The  Company's  furniture  is  predominately  in  the
traditional style. Furniture and clock styles are periodically updated,  revised
or  discontinued by the Company in anticipation of the April and October markets
in High Point,  North  Carolina.  Also,  the Company  imports  some  specialized
furniture items and furniture parts. The Company currently  anticipates that its
demand for these  imports will  increase in the future as some of the  Company's
product lines utilizing these imports mature.

      Over the  course of the past  several  years  the  Company  has  increased
substantially its production capacity,  which has permitted increased sales when
market conditions are favorable.  This has resulted in a significant increase in
the overall size of the Company.  In 1973, the Company began operating its plant
in Dublin and completed a renovation of the Pulaski plant.  In 1975, the Company
completed an expansion and  renovation of the  Martinsville  plant.  The Company
acquired  substantially  all of the assets of Coleman  Furniture  Corporation in
1983. In 1985,  the Company  completed the renovation of a portion of the former
Coleman  plant and the  construction  of a new  facility  connecting  the former
Coleman  plant to the existing  Pulaski  facility.  Also,  in 1985,  the Company
acquired Gravely  Furniture  Company,  Incorporated  (currently,  Ridgeway Clock
Company) of Ridgeway, Virginia. Ridgeway Clock Company manufactures grandfather,
mantel and wall clocks.  In 1988, the Company  completed  construction  of a new
finishing  plant located at its Pulaski  facilities.  Also in 1988,  the Company
acquired  Craftique,  Inc. with  manufacturing  facilities located in Mebane and
Durham,  North  Carolina.  In 1994,  the Company  completed  an expansion of its
Pulaski  operations by construction  of a new  manufacturing  facility.  The new
facility houses  highly-automated  production lines,  which provides the Company
with access to lower price points in the market. See Item 2 - Properties.

      As part of a plan to improve operating  efficiencies, the Company sold its
Craftique,  Inc.  subsidiary  in  1997.  Craftique,  Inc.  was  engaged  in  the
production  and sale of  higher-priced  furniture  products made of mahogany and
cherry.  The sale of this  subsidiary  will  allow the  Company  to focus on its
primary business of producing and selling medium-priced furniture products.

                                      -3-
<PAGE>
Materials

      Lumber  constitutes  the  principal  material  used by the  Company in the
manufacturing  of its  furniture  products.  The Company also uses lumber in its
manufacturing  of  clock  cases.  The  Company  purchases  lumber  from  sawmill
operators  and lumber  dealers.  Clock  components  are  purchased  from various
domestic  and  foreign  sources.  Other  materials  essential  to the  Company's
manufacturing include veneers, finishing materials,  chipcore, sandpaper, lumber
squares, fabric, glue, mirrors,  hardware,  glass, carvings,  packing materials,
wooden frames for use in its upholstery business and other product supplies. The
Company  believes that all required  materials can be obtained from suppliers as
needed.

Marketing and Promotion

      Through  a  sales  force  of  about  100  persons,  including  55  regular
commission  salesmen,  the Company serves  approximately 11,000 retail customers
located in all fifty  states of the United  States,  the  District of  Columbia,
Puerto Rico, Canada, Mexico,  Australia, New Zealand, the European Common Market
and parts of the Far East. The  substantial  majority of the Company's sales are
within  the  United  States  and  its  territories.  However,  the  Company  has
experienced  growth in its  international  sales over the course of the last few
years.  During the Company's  fiscal years ended in 1998, 1997 and 1996,  export
sales  by the  Company  aggregated  approximately  $11,218,938,  $8,614,955  and
$9,974,040, respectively.

      The sales force for the Company's  products is responsible to two national
sales  managers  organized  by product  lines.  One  national  sales  manager is
responsible  for the Company's  sales for the Pulaski and Accentrics  divisions,
and the other national sales manager is responsible  for the Company's sales for
the  Ridgeway  division.  Both  national  sales  managers  report  to  the  Vice
President-Sales.  In addition,  most of the Company's  foreign  export sales are
made  through  foreign  representatives  and  distributors,  who  report  to the
Company's respective national sales manager.

      The Company currently utilizes a small number of trademarks and tradenames
in connection with certain lines of the Company's  products and a few patents in
connection with certain of its products. All trademarks,  tradenames and patents
utilized  by  the  Company  either  are  owned  by  the  Company  or  one of its
subsidiaries.  From time to time, the Company may apply for the  registration of
additional  trademarks or the issuance of additional  patents in connection with
its products.

                                      -4-
<PAGE>

      The  Company  permits  its sales  personnel  to spend  part of their  time
selling home furnishings  (such as lines of accessories and lamps)  manufactured
by other companies.  These secondary  products are considered  complementary to,
and not competitive  with, the Company's  products.  The Company's  products are
distributed to customers by truck and rail facilities.

      For the display of its products, the Company maintains permanent showrooms
at the International Home Furnishings Market in High Point, North Carolina,  the
Tupelo Furniture Market in Tupelo, Mississippi and the San Francisco Mart in San
Francisco,  California.  The annual rentals for these display  facilities  total
approximately $458,491.

      As of November  1, 1998,  the  Company's  unfilled  customers'  orders for
furniture  and  clocks  totaled   approximately  $31.3  million  (compared  with
approximately  $23.7  million as of November  2, 1997).  The backlog of unfilled
orders is valued at prices  prevailing  at the time the orders were  taken.  The
Company expects to fill all of the unfilled  customer orders for the 1998 fiscal
year during the 1999 fiscal year.

      Demand for the Company's  furniture  products  generally is highest in the
period from September through January and lowest in June and August.  Demand for
the  Company's  clock  products is  generally  highest in the period from August
through December.

Competition

      The  business in which the Company is engaged is highly  competitive  with
several manufacturers  competing for product acceptability in the retail market.
Competition within the markets for medium-priced wooden bedroom, dining room and
occasional  furniture and for clocks occurs  principally  in the areas of style,
quality and price.  The Company has recently been  successful in introducing new
lines that were  favorably  received by the market.  Although it is difficult to
compare manufacturers by size, the Company estimates that, based on its 1998 net
sales,  the Company ranks among the 25 largest  furniture  manufacturers  in the
United States.

Employees

      The Company employs approximately 2,100 persons on a full-time basis,
approximately 7% of whom are salaried and none of whom is represented by a labor
union. The Company considers its employee relations to be good.

Item 2.     Properties

General

                                      -5-
<PAGE>

      The Company owns all of its manufacturing and warehouse facilities, except
warehouse space in Pulaski, Radford and Martinsville, Virginia (each of which is
rented on a monthly basis). The Company's  operating plants are  well-maintained
and include many items of equipment and machinery of recent design.  The Company
believes that its present operating plant capacity is sufficient to meet current
and projected future demand for its products.

      Insurance is maintained against certain risks, including fire and business
interruption, and in such amounts as the Company deems desirable.

Pulaski Facilities

      Pulaski,  Virginia is the site of the Company's general offices and of two
of its principal furniture manufacturing plants. The Company's buildings located
in Pulaski are constructed  primarily of brick and cinder block and were erected
and have been renovated at various times from 1926 to the present.

      In 1983, the Company acquired real estate, improvements and equipment from
Coleman Furniture  Corporation,  including land and building space adjoining the
Company's  original Pulaski plant. In 1985, the Company completed the renovation
of a portion  of the former  Coleman  plant  adjoining  the  Company's  original
Pulaski plant and the integration of that portion of the plant with the original
Pulaski facility.  The cost of the renovation  (including  capitalized  interest
expense)  was  approximately  $8,000,000.  The  remaining  portion of the former
Coleman  property is being used for  warehouse  and office space or otherwise is
being held for renovation and future  expansion.  In 1988, a new finishing plant
was brought on line at a total project cost of  $3,955,000.  The plant  includes
updated equipment providing improved finishing techniques and greater safety for
employees.

      In 1994, the Company  completed an expansion of its Pulaski  facilities by
the construction of a new 75,000 square foot manufacturing  facility.  The total
cost of the expansion was  approximately  $13.6 million.  The new  manufacturing
facility  is  designed  to  utilize  newer  equipment  and to  provide  for more
efficient manufacturing of certain lines of the Company's furniture products.

      The complete  Pulaski facility now contains  approximately  980,000 square
feet of production,  warehouse and office space and approximately 120,000 square
feet of additional  building space available for future  expansion at renovation
costs. The facility is located on approximately  twenty-nine  acres.  During the

                                      -6-
<PAGE>

last  year  the  Pulaski  facility  primarily  produced   occasional   furniture
(including curios, consoles,  tables, chairs and other accent pieces) and served
as a dimension  plant  (producing  rough-cut  materials) for the Company's other
facilities.

Dublin Plant

      The  Dublin  plant,   which  began   operations   in  1973,   consists  of
approximately  570,000  square feet of factory and warehouse  space located on a
153.5-acre  parcel owned by the Company  (including 106.5 acres acquired in 1983
from Coleman Furniture Corporation). The plant produces bedroom, dining room and
occasional furniture (including curios, collectors cabinets,  consoles and other
accent  pieces).  This parcel  fronts on State Route #100,  close to  Interstate
Highway 81 and is served by the Norfolk & Southern Railroad.

      The Dublin plant also  produces  veneer in a 36,000  square foot brick and
cinder block building  constructed in 1964.  During 1996 construction of a 4,400
square foot addition was  completed,  increasing the total square footage of the
Dublin plant to 40,400 square feet.

Martinsville Plant

      The  Martinsville  plant  manufactures  occasional  furniture,   including
curios,  desks,  consoles  and  other  accent  pieces.  A major  renovation  and
expansion  program for the Martinsville  plant was completed in fiscal 1975. The
plant contains approximately 190,000 square feet of manufacturing, warehouse and
office  space  and is  located  on a tract of about  eight  acres in the City of
Martinsville, Virginia.

Ridgeway Clock Company Plant

      In 1985, the Company acquired  Gravely  Furniture  Company,  Incorporated,
located in Ridgeway,  Virginia.  Gravely  Furniture  Company,  Incorporated  was
renamed Ridgeway Clock Company. Ridgeway Clock Company manufactures grandfather,
mantel and wall  clocks.  Ridgeway  Clock  Company  purchases  clock  parts from
foreign and domestic  sources and assembles the parts into  manufactured  wooden
clock cases.  The Ridgeway  Clock Company plant contains  approximately  326,000
square feet of production,  warehouse and office space located on  approximately
79.5 acres.

Item 3.     Legal Proceedings

      None.

Item 4.     Submission of Matters to a Vote of Security Holders

      None.

                                      -7-
<PAGE>

Item *.     Executive Officers of the Registrant

      The Company's executive officers are as follows:

                                     Year
                                     First
       Name                  Age    Elected               Office
       ----                  ---    -------               ------

John G. Wampler              40       1988     President and Chief
                                               Executive Officer

Randolph V. Chrisley         50       1983     Vice President - Sales

Ira S. Crawford              61       1978     Vice President -
                                               Administration, Secretary

Jason A. Gibbs               65       1969     Vice President - Chief
                                               Financial Officer,
                                               Treasurer

James H. Kelly               56       1971     Vice President - Product
                                               Development

Paul T. Purcell              50       1998     Vice President - Credit
                                               Administration

James W. Stout               53       1996     Vice President -
                                               Manufacturing

Raymond E. Winters, Jr.      40       1998     Vice President -
                                               Operations

      John G. Wampler is the son of Bernard C.  Wampler.  Each of the  executive
officers,  other than Messrs.  Purcell, Stout and Winters has been an officer of
the Company for the last five years.  Mr. Purcell has been with the  Corporation
since 1993,  as Director of Credit  until being named Vice  President  of Credit
Administration  in 1998.  Mr.  Stout has been with the  Corporation  since 1972,
starting as a trainee. In 1975, he was promoted to the position of Plant Manager
of our Pulaski Plant and held that position  until being named Vice President of
Manufacturing  in 1996.  Raymond E. Winters Jr., was  previously the Director of
Manufacturing  and Quality  Assurance with Rowe Furniture.  He has been with the
Corporation since 1995, as Director of Continuous  Improvement until being named
Vice  President of Operations  in 1998.  The  Company's  executive  officers are
elected by and serve at the pleasure of the Company's Board of Directors.

                                      -8-
<PAGE>


                                    PART II

Item 5.     Market for the Registrant's Common Equity and Related
            Stockholder Matters

      The information contained on page 2 of the Company's 1998 Annual Report to
Security Holders is incorporated herein by reference.

Item 6.     Selected Financial Data

      The information contained on page 3 of the Company's 1998 Annual Report to
Security Holders is incorporated herein by reference.

Item 7.     Management's Discussion and Analysis of Financial
            Condition and Results of Operations

      The  information  contained on pages 4 and 5 of the Company's  1998 Annual
Report to Security Holders is incorporated herein by reference.

Item 7A.    Quantitative and Qualitative Disclosures about
            Market Risk

      The information  contained in the Management's  Discussion and Analysis of
Financial  Condition and Results of  Operations on page 4 of the Company's  1998
Annual Report to Security Holders is incorporated herein by reference.

Item 8.     Financial Statements and Supplementary Data

      The financial  statements contained on pages 6 through 15 of the Company's
1998 Annual Report to Security Holders are incorporated herein by reference.

Item 9.     Changes in and Disagreements with Accountants
            on Accounting and Financial Disclosure

      None.

                                      -9-
<PAGE>

                                   PART III

Item 10.    Directors and Executive Officers of the Registrant

      The Company's 1999 Proxy Statement contains information on pages 1 through
3 concerning  directors,  persons nominated to become  directors,  and executive
officers of the Company.  Such information is incorporated  herein by reference.
See  "Executive  Officers  of the  Registrant"  and  "Certain  Directors  of the
Registrant" at the end of Part I hereof, for further information.

Item 11.    Executive Compensation

      The Company's 1999 Proxy Statement contains information on pages 5 through
7 concerning executive compensation.  Such information is incorporated herein by
reference.

Item 12.    Security Ownership of Certain Beneficial Owners and
            Management

      The Company's 1999 Proxy Statement  contains  information on pages 3 and 4
concerning security ownership of certain beneficial owners and management and is
incorporated herein by reference.

Item 13.    Certain Relationships and Related Transactions

      The  Company's  1999  Proxy  Statement  contains  information  on  page  8
concerning  certain  relationships and related  transactions and is incorporated
herein by reference.


                                    PART IV

Item 14.    Exhibits, Financial Statement Schedules, and Reports
            on Form 8-K

      (a)(1) The following financial  statements of the registrant,  included in
the 1998 Annual Report to Security Holders, are incorporated herein by reference
in Item 8:

            Consolidated balance sheets -- November 1, 1998 and November 2, 1997

            Consolidated  statements  of income and  retained  earnings -- Years
            ended November 1, 1998, November 2, 1997 and November 3, 1996

            Consolidated  statements  of cash flows -- Years  ended  November 1,
            1998, November 2, 1997 and November 3, 1996

            Notes to consolidated financial statements

                                      -10-

<PAGE>

      (a)(2) The following  financial  statement  schedules of Pulaski Furniture
Corporation are included in Item 14(d):

            Schedule II -- Valuation and Qualifying Accounts
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------
          COL. A              COL. B             COL. C              COL. D      COL. E
-------------------------------------------------------------------------------------------
                                                ADDITIONS
                                        --------------------------
        DESCRIPTION          Balances       (1)          (2)                   Balance at
                                at       Charged to   Charged to  Deductions     End of
                             Beginning   Costs and      Other     - Describe     Period
                             of Period    Expenses     Accounts
                                                      - Describe
-------------------------------------------------------------------------------------------
<S>                          <C>         <C>          <C>         <C>          <C>

Year Ended November 1,
1998:
 Deducted from asset
  accounts
   Allowance for doubtful
     accounts                $  950,000    $632,467                $632,467(1)   $950,000
                             ----------    --------                --------      --------
Year Ended November 2,
1997:
 Deducted from asset
   accounts
   Allowance for doubtful
     accounts                $  900,000    $474,325                $425,325 (1)  $950,000
                             ----------    --------                --------      --------
Year Ended November 3,
1996:
  Deducted for asset
    accounts
   Allowance for doubtful
     accounts                $1,000,000    $125,217                $225,217 (1)  $900,000
                             ----------    --------                --------      --------
</TABLE>

(1) Uncollectible accounts written off, net of recoveries

All other  schedules for which  provision is made in the  applicable  accounting
regulation of the Securities and Exchange  Commission are not required under the
related instructions or are inapplicable and therefore have been omitted.

      (a)(3)  Exhibits

            The  following  documents  are filed as  exhibits  to this Form 10-K
            pursuant to Item 601 of Regulation S-K:

            3.1   Restated Articles of Incorporation of Pulaski Furniture
                  Corporation (7)

            3.2   Bylaws of Pulaski Furniture Corporation (7)

            4.1   Pulaski Furniture  Corporation's  Series A Company Note in the
                  principal  amount  of  $3,000,000,  given  to  the  Industrial
                  Development Authority of Pulaski County (1)

                                      -11-
<PAGE>

            4.2   Pulaski Furniture  Corporation's  Series B Company Note in the
                  principal  amount  of  $5,000,000,  given  to  the  Industrial
                  Development Authority of Pulaski County (1)

            4.3   Industrial   Development   Authority   of  Pulaski   County's
                  Industrial Development Revenue Note in the principal amount of
                  $3,000,000, given to Sovran Bank, N.A. as Note Agent
                  (Series A) (1)

            4.4   Industrial   Development   Authority   of   Pulaski   County's
                  Industrial Development Revenue Note in the principal amount of
                  $5,000,000,  given to Sovran Bank, N.A., as Note Agent (Series
                  B) (1)

            4.5   Industrial   Development   Authority   of  Pulaski   County's
                  Industrial Development  Revenue  Note in  principal  amount of
                  $2,000,000,  given to Sovran Bank as Note Agent (Series A) (1)

            4.6   Pulaski  Furniture  Corporation's  Series  A  Company  Note in
                  principal   amount  of  $2,000,000  given  to  the  Industrial
                  Development Authority of Pulaski County (1)

            4.7   Note   Purchase   Agreement  and  Agreement  of  Sale  between
                  Industrial  Development  Authority of Pulaski  County,  Sovran
                  Bank, N.A.,  Planters Bank & Trust Co.; and Pulaski  Furniture
                  Company, dated April 1, 1984 (1)

            4.8   Reimbursement,  Purchase  and Loan  Agreement  between Pulaski
                  Furniture Corporation and Sovran Bank, N.A., dated April 1,
                  1984 (1)

            4.9   UDAG Grant  Agreement  No.  B-82-AB-51-0189,  as executed and
                  delivered by the Town of Pulaski and the United  States
                  Department  of Housing & Urban Development (1)

           4.10   Term Loan Agreement  between  Pulaski  Furniture  Corporation
                  and Wachovia Bank and Trust Company, N.A., dated October 21,
                  1985 (4)

           4.11   Term  Loan Note in  principal  amount  of  $4,000,000  between
                  Pulaski  Furniture  Corporation  and  Wachovia  Bank and Trust
                  Company, N.A., dated October 21, 1985 (4)

                                      -12-

<PAGE>

           4.12   Term Loan  Agreement  between  Pulaski  Furniture  Corporation
                  and Sovran Bank, N.A., dated October 23, 1985 (4)

           4.13   Term  Loan Note in  principal  amount  of  $4,000,000  between
                  Pulaski  Furniture  Corporation and Sovran Bank,  N.A.,  dated
                  October 23, 1985 (4)

           4.14   Note Issuance  Agreement and Revolving  Credit  Agreement
                  between Pulaski Furniture Corporation and Sovran Bank, N.A. in
                  principal  amount of $10,000,000, dated December 1, 1988 (6)

           4.15   Form of Variable  Rate  Taxable  Promissory  Note in principal
                  amount of $10,000,000  between Pulaski  Furniture  Corporation
                  and Sovran Bank, N.A., dated December 9, 1988 (6)

           4.16   Form of Revolving  Credit Facility Note in principal amount of
                  $10,000,000  between Pulaski Furniture  Corporation and Sovran
                  Bank, N.A., dated December 9, 1988 (6)

           4.17   Form of Credit  Agreement in principal  amount of  $10,000,000
                  between  Pulaski  Furniture  Corporation  and Wachovia Bank of
                  North Carolina, N.A., dated as of December 10, 1993 (8)

           4.18   Form of  Promissory  Note in principal  amount of  $10,000,000
                  made by the Company to Wachovia Bank of North Carolina,  N.A.,
                  dated December 10, 1993 (8)

           4.19   Amendment  to Term Loan  Agreement  between  the  Company  and
                  Wachovia Bank of North Carolina, N.A., dated July 25, 1994 (9)

           4.20   Amendment to  Promissory  Note made by the Company to Wachovia
                  Bank of North Carolina, N.A., dated July 25, 1994 (9)

           4.21   Rights  Agreement  between Pulaski  Furniture  Corporation and
                  First Union National Bank, dated as of December 15, 1997 (12)

          10.1    Deferred  Compensation  Agreement  between  the  Company  and
                  Bernard  C. Wampler dated December 2, 1977 (2) (11)

          10.2    The Company's Stock Option Plan (7) (11)

          10.3    The Company's Executive Life Insurance Plan (5) (11)

                                      -13-
<PAGE>

          10.4    The Company's Production and Administrative Incentive Plans
                  (5) (11)

          10.5    Conversion Agreement between Pulaski Furniture Corporation and
                  Sovran Bank, N.A., dated as of March 3, 1986 (5) (11)

          10.6    The Company's 1996 Salaried Employees Stock Purchase Plan
                  (11)(13)

          11      Computation of Earnings Per Share

          13      Pulaski Furniture Corporation's 1998 Annual Report to Security
                  Holders (3)

          20      Pulaski Furniture Corporation's Proxy Statement for the Annual
                  Meeting of Stockholders to be held February 12, 1999

          21      Subsidiaries of Registrant

          23      Consent of Ernst & Young LLP

          27      Financial Data Schedule (10)

Footnotes:
      (1)   Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended October 28, 1984

      (2)   Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended October 30, 1977

      (3)   With  the  exception  of  the  information  incorporated  herein  by
            reference to the  Company's  Annual Report for the fiscal year ended
            November 1, 1998,  the Annual Report shall not be deemed  "filed" as
            part of this report on Form 10-K

      (4)   Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended October 27, 1985

      (5)   Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended October 26, 1986

      (6)   Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended October 30, 1988

                                      -14-
<PAGE>

      (7)   Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended October 29, 1989

      (8)   Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended October 31, 1993

      (9)   Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended October 29, 1995

      (10)  The Electronic Data Schedule is submitted with the electronic filing
            of the Company's  Annual Report on Form 10-K but shall not be deemed
            to be "filed" as part of this report

      (11)  These items are  compensatory  plans or arrangements  required to be
            filed as an exhibit to this form pursuant to Item 14(c) of this Form
            10-K

      (12)  Incorporated  herein by reference to the Company's  Annual Report on
            Form 10-K for the fiscal year ended November 2, 1997

      (13)  Incorporated  herein  by  reference  to the  Company's  Registration
            Statement  on Form S-8 as of  November  25,  1998 (SEC  File  Number
            333-67941)

      (b)   Reports on Form 8-K

            None.

                                      -15-

<PAGE>

                                   SIGNATURES


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


                                    PULASKI FURNITURE CORPORATION
                                    (Registrant)


Date:  January 25, 1999             By    /s/   John G. Wampler
                                    ----------------------------------
                                            John G. Wampler,
                                            President, Chief
                                         Executive Officer and
                                       Principal Financial Officer

<PAGE>


      Pursuant to the requirements of the Securities  Exchange Act of 1934, this
report has been signed below by the  following  persons on behalf of the Company
and in the capacities and on the dates indicated.


Date:  January 21, 1999       By:           /s/  Bernard C. Wampler
                                  ----------------------------------------
                                                  Bernard C. Wampler,
                                                 Director and Chairman
                                                     of the Board


Date:  January 22, 1999       By:          /s/  Robert C. Greening, Jr.
                                   --------------------------------------
                                               Robert C. Greening, Jr.,
                                                       Director

Date:  January 25, 1999       By:            /s/ Harry J.G. van Beek
                                    -----------------------------------
                                                 Harry J.G. van Beek,
                                                       Director

Date:  January 25, 1999       By:          /s/ O. Kenton McCartney, III.
                                  ----------------------------------------
                                              O. Kenton McCartney, III.,
                                                       Director

Date:  January 25, 1999       By:             /s/   John G. Wampler
                                  -----------------------------------------
                                                   John G. Wampler,
                                                       Director
                                             (Principal Financial Officer)


Date:  January 23, 1999       By:            /s/   Harry H. Warner
                                   ----------------------------------------
                                                   Harry H. Warner,
                                                       Director

Date:  January 21, 1999       By:            /s/ Hugh V. White, Jr.
                                  ------------------------------------------
                                                  Hugh V. White, Jr.,
                                                       Director

Date:  January 25, 1999       By:            /s/   Carl W. Hoffman
                                  ------------------------------------------
                                                   Carl W. Hoffman,
                                                       Treasurer

<PAGE>

                                   EXHIBITS
                      SECURITIES AND EXCHANGE COMMISSION
                                   FORM 10-K
                                 ANNUAL REPORT
                        PURSUANT TO SECTION 13 or 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934

                         PULASKI FURNITURE CORPORATION
<TABLE>
<CAPTION>

                                 Exhibit Index                                    Page
<S>      <C>                                                                      <C>
3.1      Restated Articles of Incorporation of Pulaski
         Furniture Corporation

3.2      Bylaws of Pulaski Furniture Corporation

4.1      Pulaski Furniture  Corporation's Series A Company Note in the principal
         amount of $3,000,000,  given to the Industrial Development Authority of
         Pulaski County

4.2      Pulaski Furniture  Corporation's Series B Company Note in the principal
         amount of $5,000,000,  given to the Industrial Development Authority of
         Pulaski County

4.3      Industrial   Development   Authority  of  Pulaski  County's  Industrial
         Development  Revenue Note in the principal amount of $3,000,000,  given
         to Sovran Bank, N.A. as Note Agent (Series A)

4.4      Industrial   Development   Authority  of  Pulaski  County's  Industrial
         Development  Revenue Note in the principal amount of $5,000,000,  given
         to Sovran Bank, N.A., as Note Agent (Series B)

4.5      Industrial Development Authority of Pulaski County's Industrial
         Development Revenue Note in principal amount of $2,000,000, given to
         Sovran Bank, N.A. as Note Agent (Series A)

4.6      UDAG Grant Agreement No. B-82-AB-51-0189, as executed and delivered by
         the Town of Pulaski and the United States Department of Housing &
         Urban Development

4.7      Note  Purchase  Agreement  and  Agreement  of Sale  between  Industrial
         Development  Authority of Pulaski County,  Sovran Bank, N.A.,  Planters
         Bank & Trust Co., and Pulaski Furniture Company, dated April 1, 1984

<PAGE>

4.8      Reimbursement, Purchase and Loan Agreement between Pulaski Furniture
         Corporation and Sovran Bank, N.A., dated April 1, 1984

4.9      Pulaski  Furniture  Corporation's  Series A Company  Note in  principal
         amount of $2,000,000 given to the Industrial  Development  Authority of
         Pulaski County

4.10     Term Loan Agreement between Pulaski Furniture  Corporation and Wachovia
         Bank and Trust Company, N.A., in principal amount of $4,000,000,  dated
         October 21, 1985

4.11     Term  Loan  Note in  principal  amount of  $4,000,000  between  Pulaski
         Furniture Corporation and Wachovia Bank and Trust Company,  N.A., dated
         October 21, 1985

4.12     Term Loan Agreement  between Pulaski  Furniture  Corporation and Sovran
         Bank, N.A., in principal amount of $4,000,000, dated October 23, 1985

4.13     Term  Loan  Note in  principal  amount of  $4,000,000  between  Pulaski
         Furniture Corporation and Sovran Bank, N.A., dated October 23, 1985

4.14     Note Issuance Agreement and Revolving Credit Agreement between Pulaski
         Furniture Corporation and Sovran Bank, N.A. in principal amount of
         $10,000,000, dated December 1, 1988

4.15     Form of Variable Rate Taxable  Promissory  Note in principal  amount of
         $10,000,000  between  Pulaski  Furniture  Corporation  and Sovran Bank,
         N.A., dated December 9, 1988

4.16     Form  of  Revolving   Credit  Facility  Note  in  principal  amount  of
         $10,000,000  between  Pulaski  Furniture  Corporation  and Sovran Bank,
         N.A., dated December 9, 1988

4.17     Form of Credit  Agreement in principal  amount of  $10,000,000  between
         Pulaski  Furniture  Corporation  and Wachovia  Bank of North  Carolina,
         N.A., dated as of December 10, 1993

4.18     Form of Promissory Note in principal  amount of $10,000,000 made by the
         Company to Wachovia Bank of North  Carolina,  N.A.,  dated December 10,
         1993

<PAGE>

4.19     Amendment to Term Loan Agreement between the Company and Wachovia Bank
         of North Carolina, N.A., dated July 25, 1994

4.20     Amendment to  Promissory  Note made by the Company to Wachovia  Bank of
         North Carolina, N.A., dated July 25, 1994

4.21     Rights Agreement between Pulaski Furniture Corporation and First Union
         National Bank, dated as of December 15, 1997

10.1     Employment Agreement between the Company and Bernard C. Wampler, dated
         December 2, 1997

10.2     The Company's Stock Option Plan

10.3     The Company's Executive Life Insurance Plan

10.4     The Company's Production and Administrative Bonus Plans

10.5     Conversion  Agreement between Pulaski Furniture  Corporation and Sovran
         Bank, N.A., dated as of March 3, 1986

10.6     The Company's 1996 Salaried Employees Stock Purchase Plan

11       Computation of Earnings Per Share*                                          1

13       Pulaski Furniture Corporation's 1998 Annual Report
         to Security Holders

20       Pulaski Furniture  Corporation's Proxy Statement for the Annual Meeting
         of Stockholders to be held February 12, 1998

21       Subsidiaries of Registrant*                                                 3

23       Consent of Ernst & Young LLP*                                               4

27       Financial Data Schedule

</TABLE>


--------
*Filed with this Report on Form 10-K; all other exhibits are herein incorporated
by reference