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

                          FORM 10-Q



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


For the fiscal quarter ended September 25, 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   0-25246
                       -----------


                WINSLOEW FURNITURE, INC.


(Exact name of registrant as specified in its charter)


           FLORIDA                       63-1127982
--------------------------------    --------------------
(State or other jurisdiction of      (I.R.S Employer 
 incorporation or organization)      Identification No.)      



160 VILLAGE STREET, BIRMINGHAM, ALABAMA           35242
------------------------------------------------------------
(Address of principal executive offices)         (Zip Code)



(Registrant's telephone number, including Area Code)  (205) 408-7600           


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                                   Shares
                                    Outstanding at November 3, 1998

  $ .01 par value                            7,329,408



                        WINSLOEW FURNITURE, INC.
                                                                       
                              INDEX




PART I.     FINANCIAL INFORMATION	Page

Item 1.     Financial Statements
            Consolidated Balance Sheet ......................  3
            Consolidated Statements of Income ...............  4
            Consolidated Statements of Cash Flows ...........  5
            Notes to Consolidated Financial Statements ......  6-7

Item 2.     Management's Discussion and Analysis of Financial
            Condition and Results of Operations .............  8-12


PART II.    OTHER INFORMATION

Item 1.     Legal Proceedings ...............................  12

Item 4.     Submission of Matters to a Vote of
            Security Holders ................................  12

Item 6.     Exhibits and Reports on Form 8-K ................  12

Signatures ..................................................  13


(2)

              WinsLoew Furniture, Inc. and Subsidiaries
                     Consolidated Balance Sheets 
                           (Unaudited)              
			
			
(In thousands except share
and per share amounts)               September 25,    December 31,
                                          1998            1997
                                       ---------      -----------
Assets			
Cash and cash equivalents                $ 3,441         $   707 
Accounts receivable, less
  allowances for doubtful accounts        16,697          21,124
Inventories                                8,263           9,096 
Prepaid expenses and other
  current assets                           4,586           7,391
Net assets of discontinued operations         --           2,057
                                         -------        --------
          Total current assets            32,987          40,375 
			
Net assets of discontinued operations        948           6,860 
Property, plant and equipment, net        11,950          10,320 
Goodwill, net                             26,595          21,021 
Other assets                               3,826             763
                                         -------         -------
                                         $76,306         $79,339 
                                         =======         =======
			
Liabilities and Stockholders' Equity			
Current portion of long-term debt        $    46         $   515
Accounts payable                           3,392           3,187 
Other accrued liabilities                 12,139           7,336
                                         -------         -------
          Total current liabilities       15,577          11,038 
			
Long-term debt, net of current portion     1,080          15,908 
Deferred income taxes                        745           1,367 
                                         -------         -------
          Total liabilities               17,402          28,313
                                         -------         -------
			
Commitments and contingencies 			
			
Stockholders' equity:			
 Preferred stock, par value $.01
  per share, 5,000,000 shares
  authorized, none issued                     --              --
 Common stock; par value $.01
  per share, 20,000,000 shares
  authorized, 7,329,408 and 7,526,508
  shares issued and outstanding at
  September 25, 1998 and 
  December 31, 1997                           73              75
 Additional paid-in capital               20,439          24,926 
 Retained earnings                        38,392          26,025
                                         -------         -------
          Total stockholders' equity      58,904          51,026 
                                         -------         -------
                                         $76,306         $79,339
                                         =======         =======
			
                           See accompanying notes.          

(3)

             WinsLoew Furniture, Inc and Subsidiaries                 
                  Consolidated Statements of Income                
                         (Unaudited)              
			
(In thousands except
per share amounts)			
                      Third Quarter Ended     Nine Months Ended
                    -----------------------  -------------------- 
                     Sept 25,    Sept 26,    Sept 25,   Sept 26,
                       1998        1997        1998       1997
                     ---------   ---------   ---------  ---------
Net sales             $33,329     $27,985     $98,256    $88,645
Cost of sales          20,459      18,121      60,153     56,917
                     --------    --------    --------   --------
   Gross profit        12,870       9,864      38,103     31,728
			
Selling, general 
  and administrative
  expenses              6,596       5,187      16,672     15,849
Amortization              319         245         806        733
                     --------    --------    --------   --------
   Operating income     5,955       4,432      20,625     15,146
			
Interest expense          137         590         824      2,092
                     --------    --------    --------   --------
Income from 
  continuing
  operations before 
  income taxes          5,818       3,842      19,801     13,054
Provision for 
  income taxes          2,221       1,492       7,434      5,046
                      -------    --------    --------   --------
Income from continuing 
  operations            3,597       2,350      12,367      8,008
(Loss) from 
  discontinued 
  operations, net 
  of taxes                 --         (68)         --       (404)
                      -------    --------    --------   --------
   Net income          $3,597      $2,282     $12,367     $7,604
                      =======     =======     =======    =======


Basic earnings (loss) per share:			

Income from continuing 
  operations            $0.48       $0.31       $1.65     $1.07
(Loss) from 
  discontinued 
  operations, net 
   of taxes                --       (0.01)         --     (0.05)
                        -----      ------       -----     -----
  Net income            $0.48       $0.30       $1.65     $1.01
                        =====      ======       =====     =====
			
Weighted average 
  number of shares      7,468       7,508       7,506     7,508
                        =====       =====       =====     =====


Diluted earnings (loss) per share:

Income from continuing 
  operations            $0.47      $0.31         $1.61     $1.05
(Loss) from 
  discontinued
  operations,                
  net of taxes             --      (0.01)           --     (0.05)
                        -----     ------         -----     -----
  Net income            $0.47      $0.30         $1.61     $1.00
                        =====     ======         =====     =====
			
Weighted average 
  number of shares
  and common stock 
  equivalents           7,647      7,602         7,688     7,602
                        =====     ======         =====     =====

                          See accompanying notes.

(4)


             WinsLoew Furniture, Inc. and Subsidiaries                        
               Consolidated Statements of Cash Flows                    
                         (Unaudited)                      
				
				
		 		 
(In thousands)                            For the Nine Months Ended
                                        -----------------------------
                                        September 25,   September 26,
                                            1998            1997
                                        -------------   -------------
Cash flows from operating activities:
Net income                                $12,367         $7,604
Adjustments to reconcile net 
  income to net cash provided by
  (used in) operating activities:        
Depreciation and amortization               1,685          1,712
Provision for losses on accounts 
  receivable                                  471            (14)
Change in net assets held for sale          7,969          4,784
Changes in operating assets and 
  liabilities, net of effects 
  from acquisitions and dispositions:           
  Accounts receivable                       4,693          7,616
  Inventories                               1,442          1,358
  Prepaid expenses and other 
    current assets                          2,813           (261)
  Other assets                               (632)           (34)
  Accounts payable                             15            615
  Other accrued liabilities                 2,694          2,110
  Deferred income taxes                      (622)           128
                                          -------        -------
   Total adjustments                       20,528         18,014
                                          -------        -------
   Net cash provided by (used in)
     operating activities                  32,895         25,618
                                          -------        -------

Cash flows from investing activities:				
  Capital expenditures, net of disposals   (1,055)          (682)
  Proceeds from disposition of business        --          2,119
  Investment in subsidiary                 (9,320)            --
                                          -------        -------
  Net cash provided by (used in) 
     investing activities                 (10,375)         1,437 
                                          --------       ------- 

Cash flows from financing activities:
  Net borrowings (payments) under 
  revolving credit agreements             (15,297)       (23,890)
  Proceeds from issuance of 
  common stock, net                           846         (1,970)
  Payments on long-term debt                   --            731 
  Repurchase and cancellation of stock     (5,335)          (490)
                                         --------        ------- 
  Net cash used in financing 
  activities                              (19,786)       (25,619)
                                         --------        -------
   Net increase in cash and 
     cash equivalents                       2,734          1,436 
Cash and cash equivalents at 
  beginning of year                           707            897 
                                           ------        -------
Cash and cash equivalents at 
  end of period                            $3,441         $2,333
                                           ======        =======
				
Supplemental disclosures:				
        Interest paid                        $500         $1,954 
        Income taxes paid                  $6,189         $5,352
                                           ======        =======
				

        Investing activities included the acquisition 
        of Tropic Craft in 1998.
        Assets acquired, liabilities assumed and consideration
        paid was as follows:


        Fair value of assets acquired     $11,665
        Cash acquired                         (46)
        Liabilities assumed                (2,299)
                                          --------
                                          $ 9,320
                                          ========
 
                          See accompanying notes                   

(5)



                   WINSLOEW FURNITURE, INC.
           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                         (Unaudited)



1.  Basis of Presentation

The accompanying unaudited consolidated financial statements of 
WinsLoew Furniture, Inc. and subsidiaries (the "Company" or 
"WinsLoew"), which are for interim periods, do not include all 
disclosures provided in the annual consolidated financial 
statements.  These unaudited consolidated financial statements 
should be read in conjunction with the annual consolidated 
financial statements and notes thereto contained in the Company's 
Annual Report on Form 10-K for the year ended December 31, 1997, 
as filed with the Securities and Exchange Commission.

All material intercompany balances and transactions have been 
eliminated.  The preparation of the consolidated financial 
statements requires the use of estimates in the amounts reported.

In the opinion of the Company, the accompanying unaudited 
consolidated financial statements contain all adjustments (which 
are of a normal recurring nature) necessary for a fair 
presentation of the results for the interim periods.  The results 
of operations are presented for the Company's third quarter, 
which is from June 27 through September 25, 1998, and for the 
nine month period which is from January 1 through September 25, 
1998.  The results of operations for these two periods are not 
necessarily indicative of the results to be expected for the full 
year.


2.  Inventories

Inventories consisted of the following:

(In thousands)             September 25,             December 31,
                                1998                     1997
                           -------------             ------------
Raw materials                  $6,210                   $7,597
Work in process                   721                    1,038
Finished goods                  1,332                      461
                               ------                   ------
                               $8,263                   $9,096
                               ======                   ======

3.  Long-term Debt

WinsLoew's amended senior credit facility provides the Company 
with a variable amount available under the revolving line of 
credit.  The amount available under its revolving credit line is 
$20 million between July 1 each year through December 31.  The 
Company may, at its option, elect to increase the revolving 
credit line at January 1 through the following June 30 to a 
maximum of $40 million.



4.  Capital Stock

In January 1998, WinsLoew's Board of Directors approved a plan to 
acquire up to 1,000,000 shares of the Company's common stock. The 
purchases are being funded by the Company's senior credit 
facility (see Note 3 above).  As of September 25, 1998, the 
Company has acquired 258,000 shares for $5.3 million.  

(6)


5.  Discontinued Operations 

During 1997 the Company's Board of directors adopted a plan to 
discontinue the Company's ready-to-assemble ("RTA") operations.  
Of the three business, one is in the process of being liquidated, 
one has been sold and one is being held for sale (See Note 6-
Acquisition and Disposition).  The results of operations have 
been classified in the accompanying statement of income as 
discontinued operations.  Revenues from discontinued operations 
were $2.9 and $7.5 million in the third quarter of 1998 and 1997 
and $12.9 and $20.5 million for the nine month period ended 
September 25, 1998 and September 26, 1997, respectively.

The current net assets of discontinued operations consist 
primarily of inventory and receivables, net of current 
liabilities including a reserve for estimated losses through the 
disposal date.  The non-current net assets of discontinued 
operations consist primarily of property, plant and equipment, 
net.


6.  Acquisition and disposition

On June 26, 1998 the Company entered into an agreement to sell 
its Continental Engineering Group, Inc. ("Continental") 
subsidiary for approximately $7.9 million.  Continental was one 
of the RTA businesses being held for sale (See Note 5).  The 
proceeds were primarily used to reduce outstanding indebtedness 
under the Company's senior credit facility.

On June 30, 1998 the Company purchased the stock of Tropic Craft, 
Inc. (Tropic Craft) , a company involved in the design and 
manufacture of casual furniture for the contract market.  The 
purchase price of approximately $9.3 million was financed under 
the Company's senior credit facility.  The acquisition resulted 
in goodwill of approximately $8.4 million and was accounted for 
under the purchase method and, accordingly, the operating results 
of Tropic Craft have been included in the consolidated operating 
results since the date of acquisition.

The following unaudited pro forma information has been prepared 
assuming that the acquisition of Tropic Craft occurred on January 
1, 1997.  Permitted pro forma adjustments include only the 
effects of events directly attributable to the transaction that 
are factually supportable and expected to have a continuing 
impact.  The pro forma results are not necessarily indicative of 
what actually would have occurred if the acquisition had been in 
effect for the entire period presented.  In addition, they are 
not intended to be a projection of future results and do not 
reflect any synergy that might be achieved from combined 
operations.


                                 Nine Months Ended
                          ---------------------------------
(In thousands)            September 25,       September 26,
                               1998                1997
                          -------------       -------------
Net sales                    $101,648            $93,152
Net income                   $ 13,014            $ 7,956
Basic earning per share         $1.73              $1.06
Diluted earnings per share      $1.69              $1.05


(7)


   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                  AND RESULTS OF OPERATIONS


General

WinsLoew is engaged in the design, manufacture, and distribution 
of casual and contract seating furniture.  WinsLoew's casual 
furniture products are distributed through independent 
manufacturer's representatives and are constructed of extruded 
and tubular aluminum, wrought iron and cast aluminum.  These 
products are distributed through fine patio stores, department 
stores and full line furniture stores nationwide.  WinsLoew's 
contract seating products are distributed to a broad customer 
base which includes architectural design firms, restaurants and 
lodging chains.  


Results of Operations

The following table sets forth net sales, gross profit, and gross 
margin as a percent of net sales for the respective periods for 
each of the Company's product lines (in thousands, except for 
percentages):

                                  Three Months Ended
                 ----------------------------------------------------
                    September 25, 1998          September 26, 1997		         
                 -------------------------   ------------------------  
    	             Net     Gross    Gross      Net     Gross   Gross
                  Sales    Profit   Margin    Sales    Profit  Margin
                 -------  -------   ------   -------   ------  ------ 
Casual furniture $15,898  $ 7,038   44.3%    $13,116   $5,202   39.7%
Contract seating  17,431    5,832   33.4%     14,869    4,662   31.4%
                 -------  -------            -------   ------
Total            $33,329  $12,870   38.6%    $27,985   $9,864   35.2%
                 =======  =======            =======   ====== 								
									

                                   Nine Months Ended
                 ----------------------------------------------------
                    September 25, 1998          September 26, 1997	
                 -------------------------   ------------------------  
    	             Net     Gross    Gross      Net     Gross   Gross
                  Sales    Profit   Margin    Sales    Profit  Margin
                 -------  -------   ------   -------   ------  ------  
Casual furniture $47,423  $21,754   45.9%    $44,974   $18,698  41.6%
Contract seating  50,833   16,349   32.2%     43,671    13,030  29.8%
                 -------  -------            -------   -------
Total            $98,256  $38,103   38.8%    $88,645   $31,728  35.8%
                 =======  =======            =======   ======= 			

(8)


The following table sets forth certain information relating to 
the Company's operations expressed as a percentage of the 
Company's net sales:

                           Three Months Ended         Nine Months Ended		
                          --------------------      -------------------- 
      	                    Sept. 25,  Sept. 26,      Sept. 25,  Sept. 26,
                             1998       1997           1998       1997
                            -----      -----          -----      -----
Gross margin                38.6%      35.2%          38.8%      35.8%
Selling, general and
  administrative expense    19.8%      18.5%          17.0%      17.9%
Amortization                 1.0%       0.9%           0.8%       0.8%
Operating income            17.9%      15.8%          21.0%      17.1%
Interest expense, net        0.4%       2.1%           0.8%       2.4%
Income from continuing 
  operations before 
  income taxes              17.5%      13.7%          20.2%      14.7%
Income from continuing 
  operations                10.8%       8.4%          12.6%       9.0%



COMPARISON OF THIRD QUARTERS ENDED SEPTEMBER 25, 1998 
AND SEPTEMBER 26, 1997

NET SALES:	WinsLoew's consolidated net sales for the third 
quarter of 1998, $33.3 million, increased $5.3 million or 18.9% 
from $28 million in the third quarter of 1997.  If the casual 
wrought iron business, sold in August 1997, is excluded from the 
third quarter of 1997, consolidated net sales increased $6.3 
million or 23.3%.  

Both of the Company's product lines experienced strong sales 
increases.  Sales of casual products, after excluding 1997 third 
quarter sales for the wrought iron business sold in August 1997, 
increased 30.3% in the third quarter of 1998. Management believes 
that this increase in demand is primarily due to the Company's 
emphasis on quality, leading the industry through innovative 
designs and providing customer flexibility with it's delivery 
program. Contract Seating product sales increased 17.2% in the 
third quarter of 1998 primarily due to increased demand in both 
it's core business and the lodging industry.

GROSS MARGIN:	Consolidated gross margin was 38.6% in the third 
quarter of 1998, compared to 35.2% in the third quarter of 1997.  
Both of the Company's product lines contributed to the increase 
in gross margin.  The Casual product line gross margin improved 
to 44.3% in the third quarter of 1998 compared to 39.7% in the 
third quarter of 1997, due, in part, to the sale in August 1997 
of the wrought iron business and improved operating efficiencies 
and lower raw material costs in the remaining casual facilities.  
The gross margin for contract seating products improved to 33.4% 
in the third quarter of 1998 compared to 31.4% in the third 
quarter of 1997 due to higher volume and improved efficiencies in 
both of the Company's contract facilities.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES:	Selling, 
general and administrative expenses increased $1.4 million in the 
third quarter of 1998.  The increase was primarily the result of 
sales related expenditures and increases to provisions for losses 
on accounts receivable.

OPERATING INCOME:	As a result of the above, operating income 
increased by $1.6 million, to $6.0 million (17.9% of net sales) 
in the third quarter of 1998 compared to $4.4 million (15.8% of 
net sales) in the third quarter of 1997.

INTEREST EXPENSE:	The Company's interest expense decreased 
$453,000 in the third quarter of 1998, compared to the third 
quarter of 1997, due to lower outstanding debt balances.

PROVISION FOR INCOME TAXES:	The Company's effective tax rate 
for the third quarter of 1998 was 38.2% compared to 38.8% for the 
third quarter of 1997.  The effective tax rate is greater than 
the federal statutory rate primarily due to the effect of state 
income taxes and non-deductible goodwill amortization.

(9)

COMPARISON OF NINE MONTHS ENDED SEPTEMBER 25, 1998 
AND SEPTEMBER 26, 1997

NET SALES:	WinsLoew's consolidated net sales for the first 
nine months of 1998, $98.3 million, increased $9.7 million or 
10.9% from $88.6 million for the first nine months of 1997. If 
the casual wrought iron business, sold in August 1997, is 
excluded from the first nine months of 1997, consolidated net 
sales increased $15.4 million or 18.6%. 

Both of the Company's product lines experienced strong sales 
increases.  The Casual product line increased sales by 20.8%, 
after excluding sales in the 1997 period of the casual wrought 
iron business sold in August 1997. The Company believes that due 
to its high quality, innovative designs, and delivery program, 
existing retail customers have allocated more floor space, and 
are, therefore, requiring larger inventories of the Company's 
casual aluminum furniture.  The Contract Seating product line 
experienced a sales increase of 16.4% as both core business and 
the lodging industry increased demand.   

GROSS MARGIN:	Consolidated gross margin increased to 38.8% in 
the first nine months of 1998, compared to 35.8% in the first 
nine months of 1997.  Both product lines contributed to the 
improved gross margin.  The Casual product line gross margin 
increased to 45.9% during the first nine months of 1998 compared 
to 41.6% for the same period in 1997. The increase is a 
combination of the sale of the casual wrought iron business, 
greater operating efficiencies from increased production volumes 
and favorable raw material costs.  The contract seating product 
line gross margin increased to 32.2% during the first nine months 
of 1998 compared to 29.86% for the same period in 1997 primarily 
due to increased sales volume and improved operating 
efficiencies.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES:	Selling, 
general and administrative expenses increased over the first nine 
months of 1997 by $0.8 million. The increase was primarily the 
result of sales related expenditures and increases to provisions 
for losses on accounts receivable.

OPERATING INCOME:	As a result of the above, operating income 
increased by $5.5 million to $20.6 million (21.0% of net sales) 
in the first nine months of 1998, compared to $15.1 million 
(17.1% of net sales) during the comparable period of 1997.

INTEREST EXPENSE:	The Company's interest expense decreased $1.3 
million in the first nine months of 1998, compared to the same 
period in 1997 due to lower outstanding debt balances.  

PROVISION FOR INCOME TAXES:	The Company's 1998 effective tax 
rate of 37.5% and effective rate of 38.7% for the 1997 period is 
greater than the federal statutory rate due to the effect of 
state income taxes and non-deductible goodwill amortization.  


Seasonality and Quarterly Information

The furniture industry is cyclical and sensitive to changes in 
general economic conditions, consumer confidence, discretionary 
income, interest rate levels  and credit availability.

Sales of Casual products are typically higher in the second and 
fourth quarters of each year, primarily as a result of: (1) high 
retail demand for casual furniture in the second quarter, 
preceding the summer months, and (2) the impact of special sales 
programs on fourth quarter sales.  The Company's Casual product 
sales will also be affected by weather conditions during the peak 
retail selling season with a resulting impact on consumer 
purchases of outdoor furniture products.

The results of operations for any interim quarter are not 
necessarily indicative of results for a full year.

(10)

Liquidity and Capital Resources

The WinsLoew's short-term cash needs are primarily for working 
capital to support its debt service, accounts payable, and 
inventory requirements.  The Company has historically financed 
its short-term liquidity needs with internally generated funds 
and revolving credit facility borrowings.  The Company actively 
monitors its cash balances and applies available funds to reduce 
borrowings under its long-term revolving line of credit.  At 
September 25, 1998, the Company has $20.1 million of working 
capital and $20.0 million of unused and available funds under its 
credit facilities.

In May 1998, WinsLoew amended its senior credit facility to 
provide for capital stock purchases not to exceed, in aggregate, 
$10 million (see Note 4 to the Consolidated Financial 
Statements).  As of September 25, 1998 there was $6.8 million 
available for such repurchases.

CASH FLOWS FROM OPERATING ACTIVITIES:	Cash provided by 
operating activities was $32.9 million and $25.6 million for the 
first nine months of 1998 and 1997, respectively. The improvement 
in cash provided by operations in the first nine months of 1998 
compared to 1997 was primarily due to the overall improvement in 
profits.


CASH FLOWS FROM INVESTING ACTIVITIES:	Cash provided (used) for  
investing activities was $(10.4) million and $1.4 million for the 
first nine months of 1998 and 1997, respectively.  Cash flows 
provided by investing activities for the first nine months of 
1997 was primarily due to the proceeds from the disposition of 
the casual wrought iron facility in August 1997.  Cash used by 
investing activities for the first nine months of 1998 was 
primarily due to the purchase of Tropic Craft (see Note 6 to the 
Consolidated Financial Statements).


CASH FLOWS FROM FINANCING ACTIVITIES:	Net cash used in 
financing activities was $19.8 million in the first nine months 
of 1998 compared to $25.6 million in the first nine months of 
1997. Cash was used primarily to reduce debt balances under the 
Company's revolving credit facilities (see Note 3 to the 
Consolidated Financial Statements) and to repurchase shares of 
the Company's stock (see Note 4 to the Consolidated Financial 
Statements).

At September 25, 1998, the Company has no material commitments 
for capital expenditures.


Foreign Exchange Forward Contracts

WinsLoew purchases some raw materials from several Italian 
suppliers.  These purchases expose the Company to the effects of 
fluctuations in the value of the U.S. dollar versus the Italian 
lira.  If the U.S. dollar declines in value versus the Italian 
lira, the Company will pay more in U.S. dollars for these 
purchases.  To reduce its exposure to loss from such potential 
foreign exchange fluctuations, the Company will occasionally 
enter into foreign exchange forward contracts.  These contracts 
allow the Company to buy Italian lira at a predetermined exchange 
rate and thereby transfer the risk of subsequent exchange rate 
fluctuations to a third party.  However, if the Company is unable 
to continue such forward contract activities and the Company's 
inventories increase in connection with expanding sales 
activities, a weakening of the U.S. dollar against the Italian 
lira could result in reduced gross margins.  The Company elected 
to hedge a portion of its exposure to purchases made in 1998 by 
entering into foreign currency forward contracts with a value of 
$1.1 million, all of which is outstanding and unsettled at 
September 25, 1998, maturing at approximately $279,000 per month.  
The Company did not incur significant gains or losses                   
from these foreign currency transactions.

(11)

Year 2000

The Company began an assessment of the Year 2000 issue on its 
systems in mid-1995.  Based on the assessment, the Company 
determined that that it was necessary to replace portions of its 
software and hardware so that those systems will properly utilize 
dates beyond December 31, 1999.  To date, approximately 91% of 
the Company's continuing operations business critical systems 
have been remediated and tested at a cost of approximately $0.5 
million. This process is projected to be completed by mid to late 
1999 at minimal additional cost.   A separate plan has been 
developed to address the Company's discontinued operations (see 
Note 5 to the Consolidated Financial Statements).

The Company has contacted its significant suppliers and customers 
concerning Year 2000 compliance.  Based on these discussions the 
Company is not aware of any supplier or customer with a Year 2000 
issue that would materially impact the Company's financial 
position, results of operations or liquidity.  However, WinsLoew 
has no means of ensuring that suppliers or customers will be Year 
2000 ready.  The effect of non-compliance by third parties is not 
determinable.

Management believes that it has substantially completed an 
effective program to resolve the Year 2000 issue in a timely 
manner.  In the event that the Company was unable to complete the 
program, management believes that it has established adequate 
contingency plans for it's business critical systems and that 
such an event would not have a materially impact the Company's 
financial position .  However, disruptions in the general economy 
resulting for Year 2000 issues could adversely affect the 
Company.




Part II.		Other Information


Item 1.     Legal Proceedings

The Company is, from time to time, involved in routine 
litigation.  No such routine litigation in which the Company is 
presently involved is material to its financial position, results 
of operations, or liquidity.


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

            (a)  None
	
										
Item 6.     Exhibits and Reports on Form 8-K

Exhibit 27 - Financial Data Schedule		
		
            (b)  Incorporated by reference and filed with the 
                 Registrant's Report on Form 8-K filed July 14, 1998.

			
(12)
			

                              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.






                              WINSLOEW FURNITURE, INC.




                              /s/ Bobby Tesney
                              -----------------
November 3,1998               BOBBY TESNEY
                              President and Chief Executive Officer




                              /s/ Vincent A. Tortorici, Jr.
                              -----------------------------
November 3, 1998              VINCENT A. TORTORICI, Jr.
                              Chief Financial Officer


(13)               


[ARTICLE] 5
[MULTIPLIER] 1,000
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   3-MOS
[FISCAL-YEAR-END]                          DEC-31-1998
[PERIOD-END]                               SEP-25-1998
[CASH]                                           3,441
[SECURITIES]                                         0
[RECEIVABLES]                                   16,697
[ALLOWANCES]                                         0
[INVENTORY]                                      8,263
[CURRENT-ASSETS]                                32,987
[PP&E]                                          11,950
[DEPRECIATION]                                       0
[TOTAL-ASSETS]                                  76,306
[CURRENT-LIABILITIES]                           15,577
[BONDS]                                              0
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            73
[OTHER-SE]                                      58,831
[TOTAL-LIABILITY-AND-EQUITY]                    76,306
[SALES]                                         33,329
[TOTAL-REVENUES]                                33,329
[CGS]                                           20,459
[TOTAL-COSTS]                                   27,374
[OTHER-EXPENSES]                                     0
[LOSS-PROVISION]                                     0
[INTEREST-EXPENSE]                                 137
[INCOME-PRETAX]                                  5,818
[INCOME-TAX]                                     2,221
[INCOME-CONTINUING]                              3,597
[DISCONTINUED]                                       0
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                     3,597
[EPS-PRIMARY]                                      .48
[EPS-DILUTED]                                      .47
</TABLE>