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 June 29, 2001
                             -------------
                               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)

                      (205) 408-7600
                      --------------
(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               Shares Outstanding at July 18, 2001
- ---------------          -----------------------------------
$ .01 par value                     1,000




                            WINSLOEW FURNITURE, INC.

                                      INDEX


PART I.  FINANCIAL INFORMATION                                              Page
                                                                            ----

         Item 1.  Financial Statements
                           Consolidated Balance Sheets                         3
                           Consolidated Statements of Operations               4
                           Consolidated Statements of Cash Flows             6-7
                           Notes to Consolidated Financial Statements       8-13

         Item 2.  Management's Discussion and Analysis of
                           Financial Condition and Results of Operations   14-19


PART II. OTHER INFORMATION

         Item 1.  Legal Proceedings                                           20

         Item 4.  Submission of Matters to a Vote of
                     Security Holders                                         20

         Item 6.  Exhibits and Reports on Form 8-K                            21

Signatures                                                                    22
































<TABLE>
<CAPTION>



 PART I.  FINANCIAL INFORMATION
 ITEM 1.  Financial Statements
                                                              WinsLoew Furniture, Inc. and Subsidiaries
                                                                     Consolidated Balance Sheets
                                                                      (Unaudited) (In Thousands)
                                                                     June 29,       December 31,
                                                                      2001             2000
                                                             --------------------------------
<S>                                                                    <C>               <C>
Assets
Cash and cash equivalents                                             4,888              602
Accounts receivables, less
  allowance for doubtful accounts                                    55,851           36,992
Inventories                                                          31,451           20,198
Prepaid expenses and other
  current assets                                                     10,661            5,742

                                                             --------------------------------
          Total current assets                                      102,851           63,534

Property, plant and equipment, net                                   35,235           27,827
Goodwill, net                                                       345,695          269,258
Other assets                                                         16,788            7,004
                                                             --------------------------------
          Total Assets                                              500,569          367,623
                                                             ================================

Liabilities and Stockholders' Equity
Current portion of long-term debt                                     5,325            4,025
Accounts payable                                                     12,345            5,739
Accrued interest                                                      6,477            6,765
Other accrued liabilities                                            27,818           13,221

                                                             --------------------------------
          Total current liabilities                                  51,965           29,750

Long-term debt, net of current portion                              274,378          238,147
Deferred income taxes                                                 3,324            1,849
                                                             --------------------------------
          Total liabilities                                         329,667          269,746
                                                             --------------------------------

Commitments and contingencies
Stockholders' equity:
Common stock; par value $.01
  per share, 1,000 shares
  authorized, issued and outstanding
  at June 29, 2001,
1,000,000 shares authorized at
  December 31, 2000 with 850,350
 shares issued and outstanding                                            -                9
Additional paid-in capital                                          162,793           88,819
Retained earnings                                                     8,180            9,048
Accumulated Other Comprehensive
  Loss                                                                 (71)                -

                                                             --------------------------------
                                                             --------------------------------
          Total stockholders' equity                                170,902           97,876
                                                             --------------------------------

                                                                    500,569          367,622
                                                             ================================
                           See accompanying notes.
</TABLE>


                    WinsLoew Furniture, Inc. and
                             Subsidiaries
                     Consolidated Statements of
                             Operations
                            (Unaudited)
                          (In Thousands)

                         Three Months Ended
                         June 29,  June 30,
                          2001       2000
                         -----------------
Net sales ...........    79,253     57,425
Cost of sales .......    51,205     32,981

                        -------     -------
     Gross Profit ...    28,048     24,444

Selling, general
  and administrative
  expenses ..........    12,216      8,647
Amortization ........     2,321      1,743

                         ------     -------
     Operating income    13,511     14,054

Interest expense ....    11,277      6,844

                         ------     -------

Income before
  income taxes ......     2,234      7,210
Provision for
  income taxes ......     2,530      3,995

                          ------    -------

Net income/(Loss) ...      (296)     3,215
                          =======   =======



                          See accompanying notes.



















                              WinsLoew Furniture, Inc. and Subsidiaries
                                Consolidated Statements of Operations
                                    (Unaudited) (In Thousands)

                                        Six Months Ended
                                      June 29,        June 30,
                                       2001            2000
                                -----------------------------
Net sales                            118,970          96,778
Cost of sales                         75,920          56,532

                                -----------------------------
     Gross Profit                     43,050          40,246

Selling, general
  and administrative
  expenses                            19,357          15,520
Amortization                           4,198           3,261

                                -----------------------------
     Operating income                 19,495          21,465

Interest expense                      18,543          13,381

                                -----------------------------

Income before
  income taxes                           952           8,084
Provision for
  income taxes                         1,819           4,479

                                -----------------------------
                                -----------------------------
Net income/(Loss)                      (867)           3,605
                                =============================























<TABLE>
<CAPTION>



                                                            WinsLoew Furniture, Inc. and
                                                                    Subsidiaries
                                                        Consolidated Statements of Cash Flows
                                                             (Unaudited) (In Thousands)

                                                               For the Six Months Ended
                                                       --------------------------------------
                                                               June 29,         June 30,
                                                                2001             2000
                                                       --------------------------------------

<S>                                                              <C>              <C>
Cash flows from operating activities:
Net (Loss)/ income                                              (868)            3,605
Adjustments to reconcile net (loss)/
  income to net cash provided by
  operating activities:
Depreciation and amortization                                   9,169            4,666
Provision for losses on accounts
  receivables                                                 (1,479)              227
Provision for losses on inventory                               1,128                -
Changes in operating assets and
  liabilities, net of effects
  from acquisitions and dispositions:
Accounts receivable                                            14,645            (224)
Inventories                                                     1,313            (146)
Prepaid expenses and other
  current assets                                                2,432               29
Refundable income taxes                                             -            6,908
Other assets and goodwill, net                                   (11)              (5)
Accounts payable                                              (1,426)            2,086
Accrued interest                                                (288)            1,017
Other accrued liabilities                                     (7,514)            1,157
Deferred income taxes                                           1,475                -

                                                       --------------------------------------
  Total adjustments                                            19,444           15,715
  Net cash provided by
    operating activities                                       18,576           19,320
                                                       --------------------------------------

Cash flows from investing activities:
  Capital expenditures, net of disposals                        (463)          (1,171)
  Going private transaction                                         -             (22)
  Investment in subsidiaries                                (116,970)         (39,242)

                                                       --------------------------------------
                                                       --------------------------------------
  Net cash used in investing activities                     (117,433)         (40,435)
                                                       --------------------------------------

Cash flows from financing activities:
  Net payments under
    revolving credit agreements                              (21,482)          (7,345)
  Net borrowings for acquisitions                              58,766           20,000
  Proceeds from Senior Credit Facility                        146,844                -
  Net borrowings under IDB agreement                                -            3,900
  Proceeds from issuance of
    common stock, net                                          73,984            7,400


</TABLE>

<TABLE>
<CAPTION>


                                                           WinsLoew Furniture, Inc. and Subsidiaries
                                                            Consolidated Statements of Cash Flows
                                                                 (Unaudited) (In Thousands)

                                                                  For the Six Months Ended
                                                            --------------------------------------
                                                                       June 29,          June 30,
                                                                        2001               2000
                                                            --------------------------------------
<S>                                                                      <C>                <C>
Repurchase and cancellation of stock                                         -          (1,323)
Payoff of existing credit facility                                   (146,844)                -
Deferred financing costs                                               (8,125)             (75)

                                                            --------------------------------------
Net cash provided by financing
activities                                                             103,143           22,557
                                                            --------------------------------------

Net increase in cash and
  cash equivalents                                                       4,286            1,442

Cash and cash equivalents at
  beginning of year                                                        602              710
                                                            --------------------------------------

Cash and cash equivalents at
  end of period                                                          4,888            2,152
                                                            ======================================

</TABLE>


For the Six Months Ended
                                          June 30,          June 30,
                                             2001              2000
                                   --------------------------------------

Supplemental disclosures:
     Interest paid                         15,315            11,631

     Income taxes paid                        305             1,189
                                   ======================================




Investing activites included the acquisition of Brown Jordan International:

Fair value of assets acquired                                 $143,681
Cash on-hand                                                 $ (1,185)
Liabilities assumed                                          $(25,755)
                                                   --------------------
                                                              $116,741

Investing activites also included the acquisition of The Woodsmiths Company:

Initial Investment                                              $  287
Cash Acquired                                                   $ (58)
                                                   --------------------
                                                                 $ 229

                    WINSLOEW FURNITURE, INC. AND SUBSIDIARIES
                   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") that 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, 2000, 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 second quarter, which is
from March 31, 2001 through June 29, 2001. The results of operations for this
period are not necessarily indicative of the results to be expected for the full
year.



2.  Inventories


Inventories consisted of the following:
(In Thousands)

                                                  June 29,        December 31,
                                                      2001               2000

Raw materials                                      $23,290            $13,398
Work in process                                      3,757              3,262
Finished Goods                                       4,404              3,538
                                            ----------------------------------
                                                    31,451             20,198
                                                 =========         ==========

3.  Capital Stock

At December 31, 2000, there were 850,350 shares outstanding. In connection with
the Brown Jordan International acquisition described in note 4 below, the
Company converted each outstanding share of common stock into one share of
common stock of WLFI Holdings, the newly formed parent company of WinsLoew. In
addition, the Company issued 1,000 shares of common stock to WLFI Holdings. As
of June 29, 2001 the Company has 1,000 shares outstanding.







4.   Acquisitions




On May 8, 2001 WinsLoew Furniture, Inc. (the "Company" or "Purchaser") and its
parent WLFI Holdings, Inc. ("Holdings" or "Purchaser") acquired all of the
outstanding stock of Brown Jordan International, Inc. ("BJI") at a purchase
price of $80.4 million. The Stock Purchase Agreement by and among Holdings, the
Company, BJI and the Stockholders of BJI also called for the Purchasers to repay
outstanding BJI indebtedness at closing, which approximated $44.6 million. The
amount of consideration paid by the Company for the BJI stock was determined
through an arm's length negotiation between representatives of the Registrant
and the sellers.

The total purchase price of $81.8 million, including estimated transaction
costs, was allocated to the assets acquired on a preliminary basis using the
fair value of the assets acquired on a preliminary basis. This preliminary basis
is subject to review and subject to change. Pursuant to the purchase method of
accounting, the excess of the purchase price over the $4.9 million fair value of
net assets has been recorded as goodwill in the amount of $76.9 million. The
operating results of Brown Jordan International have been included in the
consolidated operating results beginning with the month of May.

 In order to complete the acquisition, the merger described in note 6 of this
report was consummated simultaneously.

Holdings raised $52.1 million of equity and issued $22 million of subordinated
notes to the sellers, both of which were contributed to the Company as
additional equity. The balance of the proceeds were provided through a
refinancing of the Company's existing Senior Credit Facility. The new Senior
Credit Facility consists of a $165 million Term Loan and a $60 million revolving
credit facility.

On March 9, 2001 the Company purchased all of the assets of The Woodsmiths
Company. Woodsmiths, a manufacturer of custom table tops for the contract and
hospitality industry, is located in Pompano Beach, Florida. The purchase price
of approximately $2.8 million was paid in cash of approximately $0.3 million and
a $2.5 note payable to the sole shareholder of Woodsmiths.

In addition, the stock purchase agreement provides for an additional contingent
deferred payment of up to $1,000,000 based upon Woodsmiths' earnings before
interest, taxes, depreciation, amortization and management fees. The maximum
contingent payment amount of $1,000,000 was recorded at the time of purchase as
an addition to goodwill and an accrued liability of the Company. The amount of
any such contingent payment will be made directly to the former sole
shareholder.

The acquisition resulted in goodwill of approximately $3.4 million and was
accounted for under the purchase method of accounting. The operating results of
Woodsmiths have been included in the consolidated operating results beginning
with the month of March.

On August 11, 2000 the Company purchased all of the outstanding stock of Charter
Furniture. The purchase price of approximately $18.5 million was paid in cash
and financed with $3.3 million of equity investment and $15.2 million under the
revolving credit facility. The acquisition resulted in goodwill of $18.7 million
and was accounted for under the purchase method of accounting.

On June 16, 2000 the Company purchased certain assets of Stuart Clark, Inc. and
its affiliates. The purchase price of approximately $3.1 million was paid in
cash and financed with $0.3 million of equity investment and borrowings of $2.8
million under the Company's revolving credit facility. The acquisition resulted
in goodwill of approximately $2.8 million and was accounted for under the
purchase method of accounting.

On March 31, 2000 the Company purchased all of the stock of Wabash Valley. The
purchase price of approximately $35.5 million was paid in cash and financed with
$7.1 million of equity investment, borrowings of $20.0 million under the
acquisition loan and $8.4 million under the revolving credit facility. The
acquisition resulted in goodwill of $21.9 million and was accounted for under
the purchase method of accounting. During the second quarter of 2000 an
additional $0.6 million payment was made as part of the final working capital
purchase adjustment. The payment was financed under the Company's revolving
credit facility. The operating results of Wabash have been included in the
consolidated operating results for the second quarter.

The following unaudited pro forma information has been prepared assuming that
the Brown Jordan International, Woodsmiths, Charter, Stuart Clark and Wabash
Valley acquisitions occurred on January 1, 2000. Permitted pro forma adjustments
include only the effects of events directly attributable to the transactions
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 transactions had been in effect for the entire period presented.

                                                  Six Months Ended
(In Thousands)                             June 29,            June 30,
                                               2001                2000

Net Sales                                   189,703             193,212

Income/(Loss) before taxes                    (604)               7,270

                                         --------------------------------
Net Income/(Loss)                           (1,831)               3,100


5. Senior Credit Facility

In connection with the Brown Jordan International acquisition, WinsLoew entered
into a new senior credit facility provided by a syndicate of financial
institutions. The facility, which matures in March 2006, provides for borrowings
of up to $225 million and is collateralized by substantially all of the assets
of the Company. The facility consists of a working capital line of credit
(maximum of $60 million) and a term loan (aggregate of $165 million). The
working capital line of credit allows the Company to borrow funds up to a
certain percentage of eligible inventories and accounts receivable. At June 29,
2001, the carrying value of the working capital line of credit, $10.4 million,
approximated its fair value. The Term Loan B, with the principal balance and
applicable interest rate at June 29, 2001, follows:



Principal balance                          $163.8 million
LIBOR rate                                 8.011 %
Maturity date                              March 31, 2006


At the option of the Company, the interest rates under the facility are either:
(1) the base rate, which is the higher of the prime, lending rate or 0.5% in
excess of the federal funds effective rate, plus a margin, or (2) the adjusted
LIBOR rate plus a margin. The margins of different loans under the facility vary
according to a pricing grid. The margin for term loans that are LIBOR based is
4%; margins for revolving loans that are LIBOR based range from 3.50% to 2.50%
based upon WinsLoew's consolidated leverage ratio; margins on base rate loans is
the applicable LIBOR margin for such type loans less 1%. As of June 29, 2001,
the Term B Loan is priced at the LIBOR rate plus a margin of 4.0% and the
working capital line of credit is priced at the base rate plus a margin of 2.5%.

The outstanding principal balance of Term Loan B is due 2.2% in 2001, 4.1% in
2002, 5.6% in 2003, 7.1% in 2004, 61.0% in 2005 and 20.0% in 2006.

The Company must pay commitment fees at a rate per annum equal to 0.5% on the
average daily excess of revolving loan commitments over the sum of the aggregate
principal amount of outstanding revolving loans ( but not any outstanding swing
line loans ) plus letter of credit usage.

The facility contains customary covenants and restrictions on the Company's and
its subsidiaries' ability to issue additional debt or engage in certain
activities and includes customary events of default. In addition, the facility
specifies that the Company must meet or exceed defined fixed charge and interest
coverage ratios and must not exceed defined leverage ratios. At June 29, 2001
the Company was in compliance with such covenants.

The facility is secured by a pledge of the capital stock of all the Company's
domestic subsidiaries.


6. Other Events In connection  with the Brown Jordan  International  acquisition
described in note 5 above,  the Registrant  formed Holdings as the  Registrant's
wholly-owned   subsidiary  and  Holdings  formed  WLFI  Merger,   Inc.,  as  its
wholly-owned   subsidiary.   Immediately   prior  to  the  consummation  of  the
acquisition,  WLFI Merger,  Inc. merged with and into the  Registrant,  with the
Registrant as the surviving  corporation  of the merger.  Pursuant to the merger
(i) each outstanding  share of common stock of the Registrant was converted into
one share of common stock of  Holdings,  (ii) each share of common stock of WLFI
Merger,  Inc. was converted  into one share of common stock of the Registrant as
the  surviving  corporation  of the merger  (iii) each share of common  stock of
Holdings  was  cancelled  and (iv) each  outstanding  warrant of the  Registrant
issued  pursuant to that certain  Warrant  Agreement dated as of August 24, 1999
(the "Warrant  Agreement")  between the Registrant (as successor by operation of
law to WinsLoew Escrow Corp.) and American Stock Transfer & Trust Registrant, as
Trustee,  was assumed by Holdings in  accordance  with the Warrant  Agreement so
that each  warrant  became  exercisable  for that  number of shares of  Holdings
common stock equal to the number of shares of Registrant  common stock  issuable
upon the exercise of the warrant  immediately  prior to the merger,  at the same
exercise price as was in effect immediately prior to the merger.








<TABLE>
<CAPTION>


7. Segment Information

(In thousands)                                        Three Months Ended                    Six Months Ended
                                                        June 29,     June 30,             June 29,       June 30,
NET SALES:                                                2001         2000                 2001           2000
                                                   ---------------------------      -----------------------------
<S>                                                        <C>           <C>                 <C>            <C>

Casual products                                          59,602        40,078              79,575         59,730
Contract seating products                                17,712        14,495              35,215         30,220
Ready to assemble products                                1,939         2,852               4,180          6,828
                                                   ---------------------------      -----------------------------

Total net sales                                          79,253        57,425             118,970         96,778
                                                   ===========================      =============================

SEGMENT GROSS PROFIT:
Casual products                                          22,659        18,313              31,397         27,657
Contract seating products                                 5,190         5,609              11,108         11,217
Ready to assemble products                                  199           522                 545          1,372
                                                   ---------------------------      -----------------------------

Total segment gross profit                               28,048        24,444              43,050         40,246

Reconciling items:
Selling, general and
  administrative expenses                                12,216         8,647              19,357         15,520
Amortization                                              2,321         1,743               4,198          3,261
                                                   ---------------------------      -----------------------------

     Operating income                                    13,511        14,054              19,495         21,465
Interest expense, net                                    11,277         6,844              18,543         13,381
                                                   ---------------------------      -----------------------------

Income before income taxes                                2,234         7,210                 952          8,084
                                                   ===========================      =============================

</TABLE>


(In thousands)                                   June 29,        June 30,
                                                   2001            2000
                                          -------------------------------
SEGMENT ASSETS:
Casual products                                   244,694        112,791
Contract seating products                          51,620         29,025
Ready to assemble products                          5,669          6,791
                                          -------------------------------

Total                                             301,983        148,607
Reconciling items:
Corporate                                         198,586        195,254
                                          -------------------------------

Total consolidated assets                         500,569        343,861
                                          ===============================












8. Accounting Pronouncements

On January 1, 2001 the Company adopted SFAS No. 133,  "Accounting For Derivative
Instruments and Hedging Activities," as amended by SFAS No. 137 and No. 138.

The Company enters into short term currency forward contracts to hedge currency
exposures associated with the purchase of certain raw materials. The fair value
of theses contracts was not material upon adoption of the standard or at the end
of fiscal 2000.

Adoption of SFAS No. 133 on January 1, 2001 resulted in recording the fair value
of the contracts as a derivative liability on the balance sheet with the
corresponding debit to Accumulated Other Comprehensive Income.

In July 2001, the FASB issued Statement No. 141, Business Combinations, and
Statement No. 142, Goodwill and Other Intangible Assets. Statement No. 141
requires that the purchase method of accounting be used for all business
combinations initiated after June 30, 2001, as well as all purchase method
business combinations completed after June 30, 2001. Statement No. 142 will
require that goodwill and intangible assets with indefinite useful lives no
longer be amortized, but instead tested for impairment at least annually in
accordance with the provisions of the statement. The Company is required to
adopt the provisions of Statement 141 immediately and Statement 142 effective
January 1, 2002. Upon adoption of Statement 142, the Company will be required to
reassess the useful lives and residual values of all intangible assets acquired
in purchase business combinations, and make any necessary amortization period
adjustments by the end of the first interim period after adoption. In addition,
to the extent an intangible assets is identified as having an indefinite useful
life, the Company will be required to test the intangible asset for impairment
in accordance with the provisions of the statement. Any impairment loss will be
measured as of the date of adoption and recognized as the cumulative effect of a
change in accounting principle in the first interim period. The Company has not
determined the impact that adoption of Statement 142 will have on its
consolidated financial statements.




























           Management's Discussion and Analysis of Financial Condition
                            And Results of Operations

General
We are a leading designer, manufacturer and distributor of a broad offering of
casual indoor and outdoor furniture and contract and hospitality products. We
also manufacture certain ready-to-assemble furniture products. Our casual
furniture includes chairs, chaise lounges, tables, umbrellas and related
accessories, which are generally constructed from aluminum, wrought iron, wood
or fiberglass. In addition, our casual line includes a variety of tables,
chairs, benches and swings for the site amenity market. Our seating products
include wood, metal and upholstered chairs, sofas and loveseats, which are
offered in a wide variety of finish and fabric options. All of our casual
furniture, excluding Wabash, and contract and hospitality products are
manufactured pursuant to customer orders. We sell our furniture products to the
residential market and to the contract and hospitality market, consisting of
commercial and institutional users.

Business

We market our casual furniture products to the residential market under the
Winston, Pompeii, Brown Jordan, Vineyard, Shae Designs, through approximately 67
independent sales representatives to over 800 active customers, which are
primarily specialty patio furniture stores located throughout the United States.
In addition, we market our casual products to the mass merchandise market under
the Casual Living, Better Homes and Gardens and Samsonite brand names. We also
market a broad line of casual furniture products in the contract markets under
the Texacraft, Tropic Craft, Pompeii and Brown Jordan brand names, primarily
through our in-house sales force, to lodging and restaurant chains, country
clubs, apartment developers and property management firms, architectural design
firms, municipalities and other commercial and institutional users. In addition,
we market a variety of products under Wabash brand name. These products are
targeted at educational facilities, municipality and recreation centers, hotels
and motels and other institutional and corporate users.

We market our seating products to a broad customer base in the contract and
hospitality market under the Loewenstein, Lodging By Loewenstein, Stuart Clark
and Charter brand names through approximately 24 regional independent sales
organizations. Our customers include lodging and restaurant chains,
architectural design firms, professional sports complexes, schools, healthcare
facilities, office furniture dealers, retail store planners and other commercial
and institutional users in the contract and hospitality market. We manufacture
over 300 distinct models of seating products ranging from traditional to
contemporary styles of chairs, as well as reception area love seats, sofas and
stools. We design, assemble and finish our seating products with component parts
from a variety of suppliers, including a number of Italian manufacturers.

Over the past several years, we have undertaken a number of initiatives to
strengthen and grow our core casual furniture and seating businesses. We have
focused resources on our core business and disposed of non-core or unprofitable
operations. In 1997, we sold our wrought iron furniture business, and in 1998 we
discontinued and sold or liquidated certain of our ready-to-assemble furniture
operations. We also embarked on a focused acquisition program to broaden our
core product offering in the casual segment that, to date, has resulted in the
acquisitions of Tropic Craft, a manufacturer of casual furniture sold into the
contract markets; Pompeii, a manufacturer of upper-end casual furniture sold
into both the residential and contract markets; Brown Jordan a manufacturer
whose products serve the premium to unlimited market categories in both retail
and contract markets and Casual Living Worlwide who markets to national
retailers and speciality patio stores under a variety of brand names in the
moderate to lower price points; Wabash Valley, a manufacturer of site amenities
products in the institutional and corporate markets. Our balanced approach to
growth has also resulted in acquisitions to complement our seating segment.
These acquisitions included Stuart Clark and Charter during 2000, both of which
manufacture upholstered furniture for the hospitality industry. In addition, The
Company purchased The Woodsmiths Company in March 2001. Woodsmiths is a
manufacturer of custom tabletops for the contract and hospitality markets.


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):

<TABLE>
<CAPTION>

                                                               Three Months Ended

                                                    June 29, 2001                           June 30, 2000
                               ----------------------------------------------------------------------------------
                                        Net           Gross        Gross         Net          Gross        Gross
                                       Sales         Profit        Margin       Sales        Profit        Margin
                               ----------------------------------------------------------------------------------
<S>                                      <C>           <C>          <C>          <C>           <C>          <C>

Casual furniture                       59,602        22,659        38.0%       40,078        18,313        45.7%
Contract seating                       17,712         5,190        29.3%       14,495         5,609        38.7%
RTA                                     1,939           199        10.3%        2,852           522        18.3%
                               ----------------------------------------------------------------------------------

Total                                  79,253        28,048        35.4%       57,425        24,444        42.6%
                               ==================================================================================


                                                                Six Months Ended

                                                    June 29, 2001                           June 30, 2000
                               ----------------------------------------------------------------------------------
                                        Net           Gross        Gross         Net          Gross        Gross
                                       Sales         Profit        Margin       Sales        Profit        Margin
                               ----------------------------------------------------------------------------------
Casual furniture                       79,575        31,397        39.5%       59,730        27,657        46.3%
Contract seating                       35,215        11,108        31.5%       30,220        11,217        37.1%
RTA                                     4,180           545        13.0%        6,828         1,372        20.1%
                               ----------------------------------------------------------------------------------

Total                                 118,970        43,050        36.2%       96,778        40,246        41.6%
                               ==================================================================================





</TABLE>















<TABLE>
<CAPTION>


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                        Six Months Ended
                                            June 29,      June 30,                   June 29,     June 30,
                                                2001          2000                       2001         2000
                                      -----------------------------             ---------------------------
<S>                                             <C>           <C>                       <C>           <C>

Gross margin                                   35.4%         42.6%                     36.2%         41.6%
Selling, general and
  administrative expense                       15.4%         15.1%                     16.3%         16.0%
Amortization                                    2.9%          3.0%                      3.5%          3.4%
Operating income                               17.1%         24.5%                     16.4%         22.2%
Interest expense, net                          14.2%         11.9%                     15.6%         13.8%
Income before income taxes                      2.8%         12.6%                      0.8%          8.4%
Net income                                     -0.4%          5.6%                     -0.7%          3.7%

</TABLE>

Comparison of Three Months Ended June 29, 2001 and June 30, 2000

Net Sales
 WinsLoew's consolidated net sales for the second quarter of 2001, $79.3
million, increased $21.8 million or 38.0 % from $57.4 million in the second
quarter 2000.

Casual product line sales decreased by 9.1% from the second quarter of 2000
excluding the effect of acquisitions. This decline results from softness in the
residential casual market, as a result of unfavorable weather conditions in the
Company's primary Northeast and Midwest markets and overall economic slowdown.
When including acquisitions, casual sales increased 48.7% during the second
quarter of 2001 when compared to the second quarter of 2000. Sales in the
contract and hospitality product line, excluding the effect of acquisitions, for
the second quarter decreased by 13.0% when compared to the same period in 2000.
This reflects the slowdown in new construction and refurbishing projects in the
contract market. When including all acquisitions, contract and hospitality sales
increased 22.2% during the second quarter of 2001 when compared to the second
quarter of 2000. The RTA product line experienced a sales decline of 32.0% over
2000 as major customers reduced inventories, scaled back catalog distribution
and tightened credit for their catalog customers.


Gross Margin
 Consolidated gross margin was 35.4% in the second quarter of 2001, compared to
42.6% in the second quarter of 2000. The margin decline is due to a combination
of acquisitions, the impact of lower volume, and product mix particularly within
the contract and hospitality segment. Specifically, gross margins in the casual
product line decreased from 45.7% in the second quarter of 2000 to 38.0% during
the second quarter of 2001. Approximately 8% of the decline is due to the effect
of acquisitions, while the balance is mix and volume related. The gross margin
for contract and hospitality declined to 29.3% in the second quarter of 2001,
compared to 38.7% in the second quarter of 2000. Approximately 1.2% of the
margin decline results from the effect of acquisitions while the balance is due
to unfavorable product mix and lower volume within the existing contract and
hospitality businesses. Gross margins in the RTA product line decreased from
18.3% in the second quarter of 2000 to 10.3% during the second quarter of 2001
reflecting the decrease in sales volume.



Selling, General and Administrative Expenses
 Selling, general and administrative expenses increased $3.6 million in the
second quarter of 2001, compared to the second quarter of 2000. Increases of
$4.9 million were directly attributable to recent acquisitions. This was offset
by a $1.5 million adjustment of allowances for doubtful accounts. When adjusting
for the effect of acquisitions and the allowance for doubtful accounts, expenses
declined approximately 0.3 million in the second quarter of 2001, compared to
the same period of 2000. This decline is the attributable to volume related
expenses.


Amortization
Amortization  expense  increased  $0.6  million in the  second  quarter of 2001,
compared to the second  quarter of 2000,  due to  amortization  associated  with
recent acquisitions.



Operating Income
 As a result of the above, operating income decreased by $0.6 million, to $13.5
million (17.1% of net sales) in the second quarter of 2001, compared to $14.1
million (24.5% of net sales) in the second quarter of 2000.




Interest Expense
 Interest expense increased by $4.4 million in the second quarter of 2001,
compared to the second quarter of 2000. $2.6 million of the increase is the
write-off of deferred loan costs associated with the Company's previous Senior
Credit Facility. The balance of the increase results primarily from additional
debt as a result of acquisitions.

Provision for Income Taxes
 The Company's effective tax rate from continuing operations for the second
quarter of 2001 was 113.2% compared to 55.4% for the second quarter of 2000. The
effective tax rate is greater than the federal statutory rate due primarily to
the effect of state income taxes and non-deductible goodwill amortization.

Comparison of Six Months Ended June 29, 2001 and June 30, 2000

Net Sales
WinsLoew's consolidated net sales for the first six months of 2001, $119.0
million, increased $22.2 million, or 22.9%, from $96.8 million in the first six
months of 2000.

Casual product line sales decreased by 5.5% in the first six months of 2001,
compared to the first six months of 2000, excluding the effect of acquisitions.
When including acquisitions, casual sales increased 33.2% during the first six
months of 2001 when compared to the same period of 2000. The decline is the
result of poor weather in the Midwest and Northeast regions during peak sales
months as well as overall market softness driven by economic slowdown.
Sales in the contract seating product line, for the first six months of 2001,
excluding the effect of acquisitions, decreased by 12.5% when compared to the
first six months of 2000. When including the effect of acquisitions, contract
sales increased 16.5% during the first six months of 2001 when compared to the
same period of 2000. This performance in seating reflects the general softness
in the lodging market and the slowdown in new construction and refurbishing
projects. The RTA product line experienced a sales decrease of 38.8% for the
first half of 2000, when compared to the comparable prior year period due to
major customers reducing inventories, scaling back catalog distribution and
tightening credit for their catalog customers.

Gross Margin
Consolidated gross margin was 36.2% in the first six months of 2001, compared to
41.6% in the first six months of 2000. The casual product line gross margin
decreased to 39.5% in the first half of 2001 compared to 46.3% in the first half
of 2000. Approximately 6% of the margin decline is attributable to acquisitions
with the balance of the decline resulting from weakness in the stronger margin
retail markets. The gross margin for contract seating products declined to 31.5%
in the first six months of 2001 compared to 37.1% in the first six months of
2000. Approximately 1.5% of the margin decline is the effect of acquisitions,
with the balance resulting from unfavorable product mix and lower volume. The
RTA product line gross margin decreased to 13.0% in the first two quarters of
2000 compared to 20.1% in the first two quarters of 2000,as a result of sales
volume decrease.

Selling, General and Administrative Expenses
SG&A expenses increased $3.9 million to $19.4 million in the first six months of
2001, compared to SG&A expense of $15.5 million in the first six months of 2000.
$5.6 million of the increase was the effect of acquisitions. This increase was
offset by $1.5 million favorable adjustment to the Company's allowance for
doubtful accounts.

Operating Income
As a result of the above, operating income decreased by $2.0 million, to $19.5
million (16.4% of net sales) in the first half of 2001 compared to $21.5 million
(22.2% of net sales) in the first half of 2000.

Interest Expense
The Company's interest expense increased $5.2 million in the first six months of
2001, compared to the first six months of 2000. $2.6 million of the increase is
the write-off of deferred loan costs associated with the Company's previous
Senior Credit Facility. The balance of the increase results primarily from
additional debt assumed in support of acquisitions and increases in the
Company's base borrowing rate.


Provision for Income Taxes
The Company's effective tax rate for the first
six months of 2001 was 191.3% compared to 55.4% for the first six months of
2000. The increase results from a tax adjustment to bring the Company in
compliance with FASB 109. 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.


Seasonality and Quarterly Information

The furniture industry is cyclical and sensitive to changes in general economic
conditions, consumer confidence, discretionary income, and 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.



Liquidity and Capital Resources

The Company's short-term cash needs are primarily for debt service and working
capital, including accounts receivable and inventory requirements. The Company
has historically financed its short-term liquidity needs with internally
generated funds and revolving line of credit borrowings. The Company actively
monitors its cash balances and applies available funds to reduce borrowings
under its long-term revolving line of credit. At June 29, 2001, the Company had
$50.9 million of working capital and $43.3 million of unused and available funds
under its revolving credit facility.

Cash Flows from Operating Activities. Cash provided by operating activities was
$18.6 million and $19.3 million for the first six months of 2001 and 2000
respectively.

Cash Flows from Investing Activities. Cash used in investing activities was
$117.4 million and $40.4 million for the first six months of 2001 and 2000
respectively. Cash invested during the first six months of 2001 included $116.9
million in support of acquisitions compared to $39.2 million for acquisitions in
the same period of 2000.

Cash Flows From Financing Activities. Net cash provided by financing activities
during the first six months of 2001 was $103.1 million compared to net cash
provided in financing activities of $22.6 million in the first six months of
2000. Financing activities during the first six months of 2001 focused on the
Company's acquisition of Brown Jordan International and simultaneous
restructuring of the Company's Senior Credit Facility. Specifically, proceeds
for the acquisition and Senior Credit Facility payoff were $205.0 million under
the Company's new Senior Credit facility and $51.0 million of equity investment.
Of these amounts, $147.3 million was used to payoff the existing Senior Credit
Facility and $104.1 was used for the acquisition of Brown Jordan International
with the $4.6 million balance of funding applied to the Company's revolver
balance. This is compared to the first six months of 2000 with a total of $39.3
million provided for acquisitions, with an additional $3.9 million provided from
the issuance of IDB bonds. In addition, during the first six months of 2000 cash
was used to retire revolving debt.



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 2001 by entering
into foreign currency forward contracts with a value of $2.8 million, of which
$1.4 million were outstanding and unsettled at June 29, 2001. The Company did
not incur significant gains or losses during the first six months of 2001 as a
result of these foreign currency transactions. The Company's hedging activities
relate solely to its component purchases in Italy; the Company does not
speculate in foreign currency.

                           PART II. OTHER INFORMATION

ITEM 1.           Legal Proceedings

From time to time, we are subject to legal proceedings and other claims arising
in the ordinary course of our business. We maintain insurance coverage against
potential claims in an amount that we believe to be adequate. Based primarily on
discussions with counsel and management familiar with the underlying disputes
and except as described below, we believe that we are not presently a party to
any litigation, the outcome of which would have a material adverse effect on our
business, financial condition, results of operations or future prospects.

As reported in Part I item III of the Company's Annual Report on form 10-K for
the fiscal year ended December 31, 1999 and 2000, and incorporated herein by
reference, the Company and former members of its board of directors have been
named as defendants in a lawsuit filed on March 25, 1999 in the Circuit Court of
Jefferson County, Alabama, styled Craig Smith v. WinsLoew Furniture, Inc. et al.

On June 14, 1999, we and the members of the board of directors filed a motion to
dismiss the lawsuit or, in the alternative, to grant summary judgment in our
favor. After a hearing held on November 11, 1999, the court granted our motion
to dismiss but gave the plaintiff 30 days' leave to file an amended complaint.

The plaintiff filed an amended complaint on December 15, 1999 and another motion
to dismiss was filed on behalf of all defendants on February 28, 2000. A hearing
on the motion to dismiss was set for April 11, 2000. The court subsequently
denied the Company's motion to dismiss and a status conference was scheduled for
November 28, 2000.

On January 11, 2001 the Honorable Thomas Woodall entered an order giving
preliminary approval to a proposed settlement of this action. The proposed
settlement provides for no additional benefit to be bestowed upon the class and
possible payment by the Company of attorney fees in an amount not to exceed
$575,000.00. A final hearing was held on April 24, 2001. At the hearing the
settlement was approved and the case was dismissed with prejudice. WinsLoew has
fulfilled its portion of the liability under the terms of the settlement.




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

(a)      None
















Item 6.  Exhibits and Reports on Form 8-K

(a)               Exhibits

10.1  Stock  Purchase  Agreement  by and among  WLFI  Holdings,  Inc.,  WinsLoew
Furniture, Inc., Brown Jordan International,  Inc. and The Stockholders of Brown
Jordan International, Inc. dated as of May 8, 2001.(2)

10.2 Credit  Agreement By and Among  WinsLoew  Furniture,  Inc. and Canadian and
Imperial Bank Of Commerce and other lenders and CIBC World Markets Corp dated as
of May 8, 2001.(1)


10.3 Articles of Merger By and Among WinsLoew  Furniture,  Inc.,  WFLI Holdings,
Inc. and WLFI Merger Inc. dated as of April 27, 2001.(2)

27     Financial Data Schedule


(1)   Filed herewith

(2)  Incorporated  by reference to the exhibits shown in  parentheses  and filed
with the registrant's 8-k filed July 23, 2001 ( No. 033-75476)

(b)   Reports on Form 8-K

         During the quarter for which this Quarterly report on Form 10-Q is
filed the Registrant filed a current report on Form 8-K, dated July 23, 2001.




































                                   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


                                        By:/s/ Bobby Tesney
                                           ---------------------------
   August 7, 2001                        Bobby Tesney
                                         President and Chief Executive Officer


   August 7, 2001                       By:/s/ Vincent A.Tortorici, Jr.
                                           ----------------------------
                                         Vincent A. Tortorici, Jr.
                                         Chief Financial Officer