-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Eq31pnSIOAbYmxWUTIRX+pH14FfTh5C/UGcnNcusgr+nL2Gs/hbARGIu4kE4T1jm 0kP4sq3Tna3+3A3eAzoHeg== 0000950129-02-000851.txt : 20020414 0000950129-02-000851.hdr.sgml : 20020414 ACCESSION NUMBER: 0000950129-02-000851 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020221 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COOPER INDUSTRIES INC CENTRAL INDEX KEY: 0000024454 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] IRS NUMBER: 314156620 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01175 FILM NUMBER: 02555282 BUSINESS ADDRESS: STREET 1: 600 TRAVIS STE 5800 STREET 2: CHASE TOWER CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132098400 MAIL ADDRESS: STREET 1: P O BOX 4446 CITY: HOUSTON STATE: TX ZIP: 77210 FORMER COMPANY: FORMER CONFORMED NAME: COOPER BESSEMER CORP DATE OF NAME CHANGE: 19710505 8-K 1 h94423e8-k.txt COOPER INDUSTRIES, INC. - DATED 2/21/2002 SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) February 21, 2002 Cooper Industries, Inc. - --------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Ohio - --------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 1-1175 31-4156620 - --------------------------------------------------------------------------- (Commission File Number) (IRS Employer Identification No.) 600 Travis, Suite 5800, Houston, Texas 77002 - --------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) 713/209-8400 - --------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) - --------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 7. Financial Statements and Exhibits. Exhibits 99.1 Cooper Industries, Inc. (the "Company") "Sales Trends" to be posted on the Company's website. Item 9. Regulation FD Disclosure. Posting of Sales Trends Information On February 21, 2002, the Company will post on its website the "Sales Trends" information attached hereto as Exhibit 99.1. 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 hereunto duly authorized. COOPER INDUSTRIES, INC. (Registrant) Date: February 21, 2002 /s/ D. BRADLEY McWILLIAMS -------------------------- D. Bradley McWilliams Senior Vice President and Chief Financial Officer EXHIBIT INDEX Exhibit No. - ----------- 99.1 Company "Sales Trends" to be posted on the Company's website. EX-99.1 3 h94423ex99-1.txt "SALES TRENDS" POSTED TO COMPANY'S WEBSITE EXHIBIT 99.1 SALES TRENDS Sales comparisons are presented to help investors understand the general tone of Cooper's business. These include the impacts of acquisitions, divestitures, currency movements, etc. and are not necessarily indicative of business trends. Specific questions regarding sales trends should be directed to Richard Bajenski, Vice President, Investor Relations, bajenski@cooperindustries.com, (713) 209-8610. Sales for the three months ended on the date shown, compared to the same period in the prior year:
08/31/01 09/30/01 10/31/01 11/30/01 12/31/01 01/31/02 -------- -------- -------- -------- -------- -------- Cooper Industries (10-12)% (8)% (8-10)% (8-10)% (11)% (9-11)% Electrical Products (10-12)% (9)% (8-10)% (8-10)% (9)% (8-10)% Tools & Hardware (6-8)% (6)% (8-10)% (11-13)% (18)% (16-18)%
OBSERVATIONS ON RECENT SALES TRENDS, FOR THE THREE MONTHS ENDED JANUARY 31, 2002. COOPER INDUSTRIES Sales for the three months ended January 31, 2002, declined 9-11%, compared with last year. o Currency translation had a negligible impact. ELECTRICAL PRODUCTS Sales for the three months ended January 31, 2002, declined 8-10%, compared with last year. o Demand for hazardous duty electrical construction materials decreased in the domestic market while remaining strong in Europe. o Continued softness in domestic industrial and commercial markets led to lower demand for lighting fixtures and wiring devices. o Sales of electrical and electronic fuses, other circuit protection products and enclosures were considerably weakened by lower end-user demand and distributor inventory reductions. o Continued uncertainty in the power delivery marketplace has hampered utilities' investments in distribution system products. Demand for distribution transformers and power management products remains weak. o UK and European demand for lighting fixtures and security products has slowed. o Competitive pressures continue to impact pricing in many markets. o Currency translation had a negligible impact. TOOLS AND HARDWARE Sales for the three months ended January 31, 2002, declined 16-18%, compared with last year. o Assembly equipment shipments to the auto industry are down from last year's levels. o Slowing industrial and electronic assembly activity in North America has led to reduced demand for hand and power tools. European markets for hand tools have weakened. o Currency translation effects have been modestly negative. Note: Includes impacts of acquisitions and divestitures. -----END PRIVACY-ENHANCED MESSAGE-----