8-K

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

FORM 8-K

CURRENT REPORT

Pursuant to Sections 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event
reported): August 7, 2003

Moore-Handley, Inc.
(Exact name of registrant as specified in its charter)

Delaware
_________________________
(State or other jurisdiction of incorporation) 0-14324
_________________________
(Commission File Number) 63-0819773
________________________
(I.R.S. Employer Identification No.)

Moore Handley, Inc.
3140 Pelham Parkway
Pelham, Alabama 35124
(Address of principal executive offices)
(Zip Code)

(205) 663-8011
(Registrant's telephone number, including area code)

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ITEM 12.  Results of Operations and Financial Condition.

          The Company issued its earnings release, dated August 7, 2003, reporting its results for the second quarter 2003, a copy of which is attached hereto as Exhibit 99 and is furnished pursuant to this Item 12 and should not be deemed filed with the Commission.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Moore-Handley, Inc                             
(Registrant)


By: /s/Gary C. Mercer                          
Name: Gary C. Mercer
Title: Chief Financial Officer

Date: August 7, 2003

Page 3

Exhibit Index

Exhibit Number Description

99     Release, dated August 7, 2003, reporting operating results for the quarter ended June 30, 2003.

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EX-99

                                                                                                                                                                      ;                       EXHIBIT 99

FOR IMMEDIATE RELEASE

For: Moore-Handley, Inc.                                                                                                                                     Contact: Carol Temple
P. O. Box 2607                                                                                                                                                         (205) 663-8316
Birmingham, Alabama 35202

Moore-Handley, Inc. Reports Results of Operations for the Quarter Ended June 30, 2003

Birmingham, AL, August 7, 2003 -- Moore-Handley, Inc. (Nasdaq:MHCO), a Birmingham-based distributor of hardware and home center products, reported a net loss of $133,000 or $0.07 per diluted share for the quarter ended June 30, 2003 vs. net income of $328,000 or $0.17 per diluted share for the same period in 2002. The quarter ended June 30, 2003 included a charge to income, net of taxes, of $227,000 or $0.13 per diluted share because of a change in the allowance for uncollectible vendor receivables. This change in estimate was based on new information developed as the result of improved accounting and internal controls for vendor receivables.

Sales for the quarter were $38,276,000, down 5.2% from the same quarter last year. Sales for the six months ended June 30, 2003 were $78,542,000 or 1.4% below those for the comparable period in 2002. Net income for the first six months of 2003 was $34,000 or $0.02 per diluted share vs. $621,000 or $0.32 per diluted share for the same period last year.

Summary results of operations follows:

Moore-Handley, Inc.
Summary Statements of Operations
(UNAUDITED)
	Quarter Ended		Six Months Ended
	June 30		June 30
	2003	2002	2003	2002
Sales	$    38,276,000	$      40,379,000	$     78,542,000	$   79,617,000
Cost of merchandise sold	32,307,000	33,910,000	66,500,000	67,034,000
Warehouse and delivery expense	2,486,000	2,301,000	4,864,000	4,618,000
Cost of sales	34,793,000	36,211,000	71,364,000	71,652,000
Gross profit	3,483,000	4,168,000	7,178,000	7,965,000
Selling and administrative expense	3,456,000	3,427,000	6,657,000	6,559,000
Operating income	27,000	741,000	521,000	1,406,000
Interest expense, net	238,000	222,000	467,000	423,000
Income (loss) before income tax	(211,000)	519,000	54,000	983,000
Income tax	(78,000)	191,000	20,000	362,000
Net income (loss)	$       (133,000)	$           328,000	$           34,000	$      621,000
Net income (loss) per share - diluted	$            (0.07)	$                 0.17	$               0.02	$            0.32
Weighted average diluted common
shares outstanding	1,805,000	1,967,000	1,883,000	1,931,000
8/7/2003
END