<PAGE>

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

                                 ---------------
                                    FORM 10-Q
                                  -------------

(Mark One)

  X      Quarterly report pursuant to Section 13 or 15(d) of the Securities
----     Exchange Act of 1934

FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2000.

                                       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:  0-20850


                                  HAGGAR CORP.
          (Exact name of the registrant as specified in the charter)


                 NEVADA                                75-2187001
    (State or other jurisdiction of                 (I.R.S. Employer
     Incorporation or organization)              Identification Number)

                                 6113 LEMMON AVENUE
                                 DALLAS, TEXAS 75209
                    (Address of principal executive offices)

                         TELEPHONE NUMBER (214) 352-8481
              (Registrant's telephone number including area code)


Indicate by a 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 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
                             ---                          ---

As of February 13, 2001, there were 6,505,460 shares of the Registrant's
Common Stock outstanding.

<PAGE>

                          HAGGAR CORP. AND SUBSIDIARIES

                                      INDEX

<TABLE>
<CAPTION>
<S>                                                                                 <C>

Part I. Financial Information

       Item 1.  Financial Statements

           Consolidated Statements of Operations
           (Three months ended December 31, 2000 and 1999)..............................3

           Consolidated Balance Sheets
           (As of December 31, 2000 and September 30, 2000).............................4

           Consolidated Statements of Cash Flows
           (Three months ended December 31, 2000 and 1999)..............................5

           Notes to Consolidated Financial Statements.................................6-8

       Item 2.  Management's Discussion and Analysis of Financial Condition and
                Results of Operations...............................................10-12

Part II. Other Information.

       Item 6.  Exhibits and Reports on Form 8-K.......................................13

Signature..............................................................................13

</TABLE>






                                       2

<PAGE>



                          HAGGAR CORP. AND SUBSIDIARIES

                      CONSOLIDATED STATEMENTS OF OPERATIONS
               (UNAUDITED, IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)


<TABLE>
<CAPTION>

                                                                                        Three Months Ended
                                                                                           December 31,
                                                                                    --------------------------
                                                                                       2000            1999
                                                                                    -----------    -----------
<S>                                                                                 <C>            <C>
Net sales.........................................................................  $    99,856    $    98,682

Cost of goods sold................................................................       66,970         64,381
                                                                                    -----------    -----------

     Gross profit.................................................................       32,886         34,301

Selling, general and administrative expenses......................................      (32,435)      (32,954)

Royalty income, net...............................................................          450             44
                                                                                    -----------    -----------

Operating income..................................................................          901          1,391

Other income, net.................................................................           30            344

Interest expense..................................................................         (968)          (799)
                                                                                    ------------   ------------

Income (loss) from operations before provision
     for income taxes.............................................................         (37)            936

Provision for income taxes........................................................          108            379
                                                                                    -----------    -----------

Net income (loss).................................................................       $(145)    $       557
                                                                                    ===========    ===========

Net income (loss) per share on a basic and diluted basis..........................      $(0.02)    $      0.08
                                                                                    ===========    ===========

Weighted average number of common shares
     outstanding - Basic..........................................................        6,527          7,081
                                                                                    ===========    ===========
Weighted average number of common shares
     and common share-equivalents outstanding - Diluted...........................        6,527          7,136
                                                                                    ===========    ===========

</TABLE>


                             The accompanying notes are an integral part
                             of these consolidated financial statements.




                                       3

<PAGE>



                          HAGGAR CORP. AND SUBSIDIARIES

                           CONSOLIDATED BALANCE SHEETS
                                (IN THOUSANDS)

<TABLE>
<CAPTION>

                                                                      December 31,
                                                                          2000            September 30,
                                                                       (Unaudited)            2000
                                                                     ---------------    ----------------
<S>                                                                  <C>                <C>
ASSETS
Current assets:
      Cash and cash equivalents....................................      $     7,775      $     6,238
      Accounts receivable..........................................           45,029           66,362
      Due from factor..............................................            3,204            1,951
      Inventories..................................................          101,178           92,581
      Deferred tax benefit.........................................           10,624           10,624
      Other current assets.........................................            2,459            1,737
                                                                         -----------      -----------
           Total current assets....................................          170,269          179,493

Property, plant, and equipment, net................................           57,560           59,563
Goodwill, net......................................................           26,189           26,505
Other assets.......................................................            7,286            6,795
                                                                         -----------      -----------
Total assets.......................................................      $   261,304      $   272,356
                                                                         ===========      ===========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
      Accounts payable.............................................      $    20,813      $    25,176
      Accrued liabilities..........................................           16,752           22,970
      Accrued wages and other employee compensation................            1,275            6,106
      Accrued workers' compensation................................            3,250            3,941
      Current portion of long-term debt............................            3,928            4,046
                                                                         -----------    -------------
           Total current liabilities...............................           46,018           62,239

Long-term debt.....................................................           52,657           46,333
                                                                         -----------      -----------
      Total liabilities............................................           98,675          108,572

Commitments and contingencies

Stockholders' equity:
Commonstock - par value $0.10 per share; 25,000,000 shares
      authorized and 8,588,665 and 8,582,998 shares issued at
      December 31, 2000 and September 30, 2000, respectively.......              858              858
Additional paid-in capital.........................................           41,993           41,931
Cumulative translation adjustment..................................            (759)            (565)
Retained earnings..................................................          143,818          144,287
                                                                         -----------      -----------
                                                                             185,910          186,511
Less - Treasury stock, 2,083,205 and 2,043,205 shares at cost at
        December 31, 2000 and September 30, 2000, respectively.....         (23,281)         (22,727)
                                                                         -----------      -----------
           Total stockholders' equity..............................          162,629          163,784
                                                                         -----------      -----------
Total liabilities and stockholders' equity.........................      $   261,304      $   272,356
                                                                         ===========      ===========

</TABLE>

                             The accompanying notes are an integral part
                             of these consolidated financial statements.

                                       4

<PAGE>



                          HAGGAR CORP. AND SUBSIDIARIES

                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                            (UNAUDITED, IN THOUSANDS)

<TABLE>
<CAPTION>

                                                                              Three Months Ended
                                                                                 December 31,
                                                                         ----------------------------
                                                                            2000              1999
                                                                         -----------      -----------
<S>                                                                      <C>              <C>

CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)....................................................... $      (145)     $       557
Adjustments to reconcile net income (loss) to net cash
    used in operating activities:
    Depreciation and amortization.......................................       3,152            3,375
    (Gain) Loss on disposal of property, plant, and equipment...........           -             (561)
    Changes in assets and liabilities:
       Accounts receivable..............................................      21,333           16,358
       Due from factor..................................................      (1,253)           1,651
       Inventories, net.................................................      (8,597)          (4,214)
       Current deferred tax benefit.....................................           -              295
       Other current assets.............................................        (722)          (1,984)
       Accounts payable.................................................      (4,363)          (6,062)
       Accrued liabilities..............................................      (6,218)          (3,587)
       Accrued wages, workers compensation and other employee benefits..      (5,522)          (5,874)
                                                                         -----------      -----------
          Net cash used in operating activities.........................      (2,335)             (46)

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant, and equipment, net........................        (833)          (2,557)
Proceeds from sale of property, plant, and equipment, net...............           -            1,180
(Increase) decrease in other assets.....................................        (491)             281
                                                                         -----------      -----------
          Net cash used in investing activities.........................      (1,324)          (1,096)

CASH FLOWS FROM FINANCING ACTIVITIES
Purchase of treasury stock at cost......................................        (554)          (3,556)
Proceeds from issuance of long-term debt................................      31,000           57,000
Proceeds from issuance of common stock..................................          62               16
Payments on long-term debt..............................................     (24,794)         (44,810)
Payments of cash dividends..............................................        (324)            (342)
                                                                         -----------      -----------
          Net cash provided by financing activities.....................       5,390            8,308

Effects of exchange rates on cash and cash equivalents..................        (194)               -

Increase in cash and cash equivalents...................................       1,537            7,166
Cash and cash equivalents, beginning of period..........................       6,238            6,380
                                                                         -----------      -----------
Cash and cash equivalents, end of period................................ $     7,775      $    13,546
                                                                         ===========      ===========

Supplemental disclosure of cash flow information Cash paid for:
    Interest............................................................ $     1,571      $     1,094
    Income taxes........................................................ $     2,128      $     2,653

</TABLE>

                             The accompanying notes are an integral part
                             of these consolidated financial statements.


                                       5

<PAGE>



                          HAGGAR CORP. AND SUBSIDIARIES

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS.

The consolidated balance sheet as of December 31, 2000, and the consolidated
statements of operations and cash flows for the three months ended December
31, 2000 and 1999, have been prepared by Haggar Corp. (the "Company") without
audit. In the opinion of management, all adjustments necessary (which include
only normal recurring adjustments) to present fairly the consolidated
financial position, results of operations, and cash flows of the Company at
December 31, 2000, and for all other periods presented, have been made.
Certain information and footnote disclosures normally included in the
financial statements prepared in accordance with generally accepted
accounting principles have been omitted. These financial statements should be
read in conjunction with the financial statements and accompanying footnotes
in the Company's Annual Report on Form 10-K for the year ended September 30,
2000.

CONCENTRATIONS OF CREDIT RISK.

Financial instruments which potentially expose the Company to concentrations
of credit risk, as defined by Statement of Financial Accounting Standards
("SFAS") No. 105, "Disclosure of Information about Financial Instruments with
Off-Balance Sheet Risk and Financial Instruments with Concentrations of
Credit Risk," consist primarily of trade accounts receivable. The Company's
customers are not concentrated in any specific geographic region but are
concentrated in the apparel industry. The Company's largest current customer,
J.C. Penney Company, Inc., accounted for 25.8% and 24.0% of the Company's net
sales for the three months ended December 31, 2000 and 1999, respectively.
The Company's second largest current customer, Kohl's Department Stores,
Inc., accounted for 10.9% and 11.7% of the Company's net sales for the three
months ended December 31, 2000 and 1999, respectively. No other customer
accounted for more than 10% of the Company's net sales. The Company performs
ongoing credit evaluations of its customers' financial condition and
establishes an allowance for doubtful accounts based upon factors surrounding
the credit risk of specific customers, historical trends, and other
information.

INVENTORIES.

Inventories are stated at the lower of cost (first-in, first-out) or market
and consisted of the following at December 31, 2000, and September 30, 2000
(in thousands):

<TABLE>
<CAPTION>

                                                       December 31,          September 30,
                                                           2000                  2000
                                                     ----------------      ---------------
              <S>                                    <C>                   <C>
              Piece goods .......................    $         12,562      $        12,675
              Trimmings & supplies ..............               3,338                3,017
              Work-in-process ...................              14,709               17,955
              Finished garments .................              70,569               58,934
                                                     ----------------      ---------------
                                                     $        101,178      $        92,581
                                                     ================      ===============

</TABLE>

Work-in-process and finished garments inventories consisted of materials,
labor and manufacturing overhead.


                                       6

<PAGE>

LONG-TERM DEBT

Long-term debt consisted of the following at December 31, 2000, and September
30, 2000 (in thousands):

<TABLE>
<CAPTION>

                                                                                        December 31,             September 30,
                                                                                             2000                    2000
                                                                                        --------------           -------------
       <S>                                                                              <C>                      <C>
       Borrowings under revolving credit line.........................................  $       39,000           $      29,000
       Industrial Development Revenue Bonds with interest at a rate equal to
             that of high-quality, short-term, tax-exempt obligations, as
             defined (5.00% at December 31, 2000), payable in annual
             installments of $100 to $200 and a final payment of $2,000 in 2005,
             secured by certain buildings and equipment...............................           2,400                   2,500
       Allstate notes.................................................................          14,286                  17,857
       Other..........................................................................             899                   1,022
                                                                                        --------------           -------------
                                                                                                56,585                  50,379
       Less - Current portion.........................................................           3,928                   4,046
                                                                                        --------------           -------------
                                                                                        $       52,657           $      46,333
                                                                                        ==============           =============

</TABLE>

Net assets mortgaged or subject to lien under the Industrial Development
Revenue Bonds totaled approximately $720,489 at December 31, 2000.

As of December 31, 2000, the Company had a revolving credit line agreement
(the "Agreement") with certain banks subject to certain borrowing base
limitations. The Company had additional available borrowing capacity of
approximately $43,000,000 under this Agreement at December 31, 2000. The
Company incurred approximately $31,544 in commitment fees related to the
available borrowing capacity during the quarter ended December 31, 2000. The
interest rates for the quarter ended December 31, 2000, ranged from 7.25% to
7.63%. The facility will mature June 30, 2002, unless renewed and is
unsecured. The Agreement prohibits the Company from pledging its account
receivables and inventories, contains limitations on incurring additional
indebtedness and requires the maintenance of certain financial ratios. In
addition, the agreement requires the Company and Haggar Clothing Co., the
Company's main operating subsidiary, to maintain net worth, as defined, in
excess of $152,953,000 and $55,000,000, respectively, as of December 31,
2000. The Agreement requires the Company to maintain a net worth in excess of
the net worth of the preceding fiscal year plus 50% of the Company's
consolidated net income. The Agreement prohibits the payment of any dividend
if a default exists after giving effect to such dividend.

                                       7

<PAGE>

CONTINGENCIES

LAWSUIT

During the last two years, two jury verdicts totaling $5.2 million have been
returned against subsidiaries of the Company related to claims by former
employees for wrongful discharge and common law tort. Management and legal
counsel believe the verdicts in these lawsuits are both legally and factually
incorrect, and the Company has appealed or perfected the appeal of both
original jury verdicts. Management does not believe that the outcome of these
appeals will have a material adverse impact on its financial statements.

The Company is involved in various other claims and lawsuits incidental to
its business. In the opinion of management, these claims and suits in the
aggregate will not have a material adverse effect on the Company's financial
position or the results of operations for future periods.

HAGGAR JAPAN

The Company has concluded that it will terminate operations in Japan in the
fourth quarter of fiscal 2001. Additional information is necessary before
management can provide a final assessment of the financial impact of such
action. However, management does not believe that this will have a material
adverse affect on its financial statements.

NET INCOME PER COMMON SHARE - BASIC AND DILUTED

Basic earnings per share excludes dilution and is computed by dividing net
income by the weighted-average number of common shares outstanding for the
period. Diluted earnings per share is computed by dividing net income by the
sum of the weighted-average number of common shares outstanding for the
period and the number of equivalent shares assumed outstanding under the
Company's stock based compensation plans.

Options to purchase 826,865 common shares at prices ranging from $12.88 to
$23.00 were not dilutive and were outstanding for the three months ended
December 31, 2000. Options to purchase 826,865 common shares at prices
ranging from $12.13 to $23.00 were not dilutive and were outstanding for the
three months ended December 31, 1999. These shares for the aforementioned
periods were not included in the diluted earnings per share calculation
because the options' exercise prices were greater than the average market
price of the common shares. Diluted earnings per share was calculated as
follows (unaudited, in thousands, except per share data):

<TABLE>
<CAPTION>

                                                                              Three Months Ended
                                                                         December 31,       December 31,
                                                                              2000             1999
                                                                       ---------------    ----------------
<S>                                                                    <C>                <C>
Net income (loss)....................................................          $ (145)              $  557

Weighted average number of common shares outstanding.................            6,527               7,081

Common share-equivalents, due to stock options.......................                -                  55
                                                                       ---------------    ----------------
                                                                               $ 6,527              $7,136
                                                                       ===============    ================


Net income (loss) per share on a diluted basis.......................          $(0.02)              $ 0.08
                                                                       ===============    ================

</TABLE>


                                       8

<PAGE>

SUBSEQUENT EVENTS

DIVIDEND DECLARED

On January 23, 2001, the Company declared a cash dividend of $0.05 per share
payable to the stockholders of record on February 5, 2001. The dividend of
approximately $325,273 will be paid on February 19, 2001.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

The following discussion should be read in conjunction with the attached
consolidated financial statements and the notes thereto and with the
Company's Annual Report on Form 10-K for the fiscal year ended September 30,
2000.

RESULTS OF OPERATIONS

The Company's first quarter fiscal 2001 net loss of $0.1 million was lower
than the net income of $0.6 million in the first quarter fiscal 2000. The
variance in profitability related to the decreased margins mainly due to
product mix and retail marketing pressures from a sluggish holiday season.

Net sales for the first quarter of fiscal 2001 increased 1.2% to $99.9
million from $98.7 million for the first quarter of fiscal 2000. Net sales
increased for the first quarter of fiscal 2001 primarily due to our improved
women's wear lines and DKNY menswear products.

Gross profit as a percentage of net sales decreased in the first quarter
of fiscal 2001 to 32.9% compared to 34.8% in the first quarter of the prior
fiscal year. The gross profit and gross profit margin decreased as a result
of the reasons noted above.

Selling, general and administrative expenses as a percentage of net sales
decreased to 32.5% in the first quarter of fiscal 2001 compared to 33.4% in
the first quarter of fiscal 2000. Actual selling, general and administrative
expenses decreased $0.6 million to $32.4 million for the first quarter of
fiscal 2001 compared to $33.0 million for first quarter of fiscal 2000. The
overall decrease in selling, general and administrative expenses from fiscal
2000 relates to decreases of $0.5 million in women's wear expenses and $0.8
million in bonus and administrative expenses for the quarter. The decrease is
partially offset by increases of $0.5 million for expenses related to the
DKNY licensing business and a $0.3 million increase related to the Haggar
Canada operations.

Royalty income for the first quarter of fiscal 2001 increased $0.4 million
from the first quarter of fiscal 2000, primarily due to improved licensee
sales.

LIQUIDITY AND CAPITAL RESOURCES

The Company's trade accounts receivable potentially expose the Company to
concentrations of credit risks as most of its customers are in the retail
apparel industry. The Company performs ongoing credit evaluations of its
customers' financial condition and establishes an allowance for doubtful
accounts based upon the factors related to the credit risk of specific
customers, historical trends and other information. The Company's trade
accounts receivable decreased approximately $21.4 million to $45.0 million at
December 31, 2000, from $66.4 million at September 30, 2000. The decreases in
trade accounts receivable from September 30, 2000 is primarily the result of
reduced retail sales for the Company's customers. In addition, the Company's
due from factor increased from $2.0 million at September 30, 2000, to $3.2
million at December 31, 2000. The increase in due from factor relates to
increased sales in the specialty store women's wear division.

Inventories as of December 31, 2000, increased to $101.2 million from $92.6
million at September 30, 2000. The increase in inventory levels during the
first quarter of fiscal 2001 is due to an increase in finished goods in
anticipation of higher forecasted sales for the second quarter of fiscal 2001.

The Company has a revolving credit line facility with certain banks. As of
December 31, 2000, the Company had additional available borrowing capacity of
approximately $43.0 million under that facility. The Company incurred
approximately $31,544 in commitment fees related to the available borrowing

                                       9

<PAGE>

capacity during the first quarter of fiscal 2001. The interest rates during
the first quarter of fiscal 2001 ranged from 7.25% to 7.63%. The facility
will mature June 30, 2002, with a one year renewal at the option of the banks.

The Company used cash in operating activities for the three months ended
December 31, 2000, primarily as a result of an increase in inventories of
$8.6 million, decreases in accounts payable and accrued liabilities of $10.6
million and offset by a net reduction in accounts receivable and due from
factor of $20.1 million. The Company used cash in investing activities of
$1.3 million during the first three months of fiscal 2001 mainly for the
purchase of property, plant, and equipment of $0.8 million. Cash flows
provided by financing activities of $5.4 million for the three months ended
December 31, 2000, were primarily the result of a net increase in long-term
debt of $6.2 million to fund ongoing operations.

By comparison, the Company remained unchanged in cash from operating
activities for the three months ended December 31, 1999 and 1998, primarily
as a result of an increase in inventories of $4.2 million offset by a
reduction in accounts receivable and due from factor of $18.0 million and
reductions in (i) accounts payable, (ii) accrued liabilities and (iii)
accrued wages, worker's compensation and other employee benefits of $6.1,
$3.6, and $5.9, respectively. The Company used cash in investing activities
of $1.1 million during the first three months of fiscal 2000, primarily as
the result of a net increase in long-term debt of $12.2 million to fund
ongoing operations which was offset by the purchase of $3.6 million in
treasury stock.

The Company believes that the cash flows generated from operations and the
funds available under the foregoing credit facilities will be adequate to
meet its working capital and related financing needs for the foreseeable
future.

CONTINGENCIES

JAPAN OPERATIONS

The Company has concluded that it will terminate operations in Japan in the
fourth quarter of fiscal 2001. Additional information is necessary before
management can provide a final assessment of the financial impact of such
action. However, management does not believe that this will have a material
adverse affect on its financial statements.

FORWARD LOOKING STATEMENTS

This report contains certain forward-looking statements. In addition, from
time to time the Company may issue press releases and other written
communications, and representatives of the Company may make oral statements,
which contain forward-looking information. Except for historical information,
matters discussed in such oral and written communications are forward-looking
statements that involve risks and uncertainties which could cause actual
results to differ materially from those in such forward-looking statements.

Although the Company believes that any forward-looking statements are based
on reasonable assumptions, it can give no assurance that its expectations
will in fact occur and cautions that actual results may differ materially
from those in any forward-looking statements. A number of factors could
affect the results of the Company or the apparel industry generally and could
cause the Company's expected results to differ materially from those
expressed in this filing. These factors include, among other things:

          -         Changes in general business conditions,

          -         Impact of competition in the apparel industry,

          -         Changes in the performance of the retail sector in general
                    and the apparel industry in particular,

                                       10

<PAGE>

          -         Seasonality of the Company's business,

          -         Changes in consumer acceptance of new products and the
                    success of advertising, marketing and promotional campaigns,

          -         Changes in laws and other regulatory actions,

          -         Changes in labor relations,

          -         Political and economic events and conditions domestically or
                    in the foreign jurisdictions in which the Company operates,

          -         Unexpected judicial decisions,

          -         Changes in interest rates and capital market conditions,

          -         Inflation,

          -         Acquisition or dissolution of business enterprises,

          -         Natural disasters, and

          -         Unusual or infrequent items that cannot be foreseen or are
                    not susceptible to estimation.


SUBSEQUENT EVENT

DIVIDEND DECLARED

On January 23, 2001, the Company declared a cash dividend of $0.05 per share
payable to the stockholders of record on February 5, 2001. The dividend of
approximately $325,2773 will be paid on February 19, 2001.








                                       11

<PAGE>

PART II.  OTHER INFORMATION.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.

(a)           A Form 8-K was filed on November 7, 2000 and a subsequent Form 8-K
              was filed on January 10, 2001. Both Form 8-K's were filed related
              to the Company's projections on the respective dates in fiscal
              2001.

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.



                                        Haggar Corp.,



Date: February 13, 2001                 By:  /s/ David M. Tehle
                                             ---------------------------------
                                             David M. Tehle
                                             Executive Vice President
                                             Chief Financial Officer

                                             Signed on behalf of the registrant
                                             and as principal financial officer.







                                       12