-----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, MlugXONnqvxE9PWXdZiC/NzeO9ojTNE9XkAqatBdWVX93gVnjwV2UsTdKLoTgsPV +HrDh+xkaZJmWN4iBkuNsA== 0001157523-03-002317.txt : 20030604 0001157523-03-002317.hdr.sgml : 20030604 20030604081459 ACCESSION NUMBER: 0001157523-03-002317 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030604 ITEM INFORMATION: Other events FILED AS OF DATE: 20030604 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ELDER BEERMAN STORES CORP CENTRAL INDEX KEY: 0000032020 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 310271980 STATE OF INCORPORATION: OH FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-02788 FILM NUMBER: 03731228 BUSINESS ADDRESS: STREET 1: 3155 ELBEE RD CITY: DAYTON STATE: OH ZIP: 45439 BUSINESS PHONE: 9372962700 MAIL ADDRESS: STREET 1: 3155 EL BEE ROAD CITY: DAYTON STATE: OH ZIP: 45439 FORMER COMPANY: FORMER CONFORMED NAME: ELDER & JOHNSTON CO DATE OF NAME CHANGE: 19670823 8-K 1 a4408715.txt ELDER-BEERMAN 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): June 4, 2003 The Elder-Beerman Stores Corp. (Exact name of registrant as specified in its charter) Ohio 0-02788 31-0271980 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 3155 El-Bee Road 45439 Dayton, Ohio (Zip Code) (Address of principal executive offices) Registrant's telephone number, including area code: (937) 296-2700 Not Applicable (Former name or former address, if changed since last report) Item 5. Other Events and Regulation FD Disclosure. On June 4, 2003, The Elder-Beerman Stores Corp. issued a press release announcing its sales results for the four week fiscal period beginning May 4, 2003 through May 31, 2003, and for the fiscal year-to-date period beginning February 2, 2003 through May 31, 2003. The text of the release is attached as Exhibit 99.1 to this Form 8-K. 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. THE ELDER-BEERMAN STORES CORP. By: /s/ Edward A. Tomechko ----------------------------------------- Name: Edward A. Tomechko Title: Executive Vice President - Chief Financial Officer, Treasurer and Secretary Dated: June 4, 2003 EX-99 3 a4408715_ex991.txt ELDER-BEERMAN EXHIBIT 99.1 Exhibit 99.1 Elder-Beerman Reports May Comparable Sales Increase DAYTON, Ohio--(BUSINESS WIRE)--June 4, 2003--Comparable store sales for The Elder-Beerman Stores Corp. (Nasdaq:EBSC) increased 1.5 percent for the four weeks ended May 31, 2003 compared to the four weeks ended June 1, 2002. Total store sales decreased by 0.3 percent to $42.6 million versus the same period last year. The best performing businesses in May were ladies' moderate and special size sportswear, accessories, men's furnishings and the entire home store. For the year to date, comparable store sales decreased by 5.6 percent for the 17 week period ended May 31, 2003. Total store sales decreased 5.6 percent to $173.7 million versus the same period last year. On May 16, 2003, Elder-Beerman announced that it had recently received unsolicited expressions of interest relating to the possible acquisition of the company. It also stated that it entered into discussions, on an exclusive basis and for a limited period of time, with one of the parties concerning the possible sale of the company and that there can be no assurance that these discussions will result in any transaction involving the company. These discussions are continuing. The company does not anticipate having any additional comment on this subject at its annual meeting of shareholders which will take place on June 5, 2003 at 8:00 a.m. at the Dayton Marriott Hotel, 1414 South Patterson Boulevard, Dayton, Ohio 45409. The nation's ninth largest independent department store chain, The Elder-Beerman Stores Corp. is headquartered in Dayton, Ohio and operates 68 stores in Ohio, West Virginia, Indiana, Michigan, Illinois, Kentucky, Wisconsin and Pennsylvania. For more information about the company see Elder-Beerman's web site at www.elder-beerman.com. This press release may contain "forward-looking statements," including predictions of future operating performance, events or developments such as future sales, profits, expenses, income and earnings per share. Words such as "expects," "anticipates," "intends," "plans," "believes," "hopes," and "estimates," and variations of such words and similar expressions, are intended to identify forward-looking statements. Because forward-looking statements are based on a number of beliefs, estimates and assumptions by management that could ultimately prove inaccurate, there is no assurance that forward-looking statements will prove to be accurate. Many factors could materially affect actual future operations and results. Factors that could materially affect performance include the following: increasing price and product competition; fluctuations in consumer demand and confidence, especially in light of current economic conditions; the availability and mix of inventory; fluctuations in costs and expenses; consumer response to merchandising strategies, advertising, marketing and promotional programs; the timing and effectiveness of new store openings, particularly the new concept store opened in April 2003 in De Kalb, IL and the new store scheduled to open in November 2003 in Muscatine, IA; weather conditions that affect consumer traffic; the continued availability and terms of bank and lease financing and trade credit; the outcome of pending and future litigation; consumer energy costs, debt levels and paydown rates on consumer debts, including amounts owed to Elder-Beerman; the impact of new consumer bankruptcy laws; inflation, interest rates and the condition of the capital markets. National security threats and warnings in the wake of September 11, 2001 and continued U.S. involvement in Iraq could magnify some of those factors. Elder-Beerman undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. (dollars in millions) MAY SALES(a) - -------------------------------- ------------------------------------- Total Comparable Sales Sales (unaudited) 2003 2002 Change(b) Change(b) - -------------------------------- ------- ------- --------- ----------- The Elder-Beerman Stores Corp. $42.6 $42.8 (0.3%) 1.5% - -------------------------------- ------- ------- --------- ----------- (dollars in millions) YEAR TO DATE SALES(a) - ------------------------------- -------------------------------------- Total Comparable Sales Sales (unaudited) 2003 2002 Change(b) Change(b) - ------------------------------- -------- -------- --------- ---------- The Elder-Beerman Stores Corp. $173.7 $183.9 (5.6%) (5.6%) - ------------------------------- -------- -------- --------- ---------- (a) All sales figures exclude leased department sales. (b) Percentages may not correspond to the actual sales figures due to rounding of sales figures. CONTACT: Elder-Beerman Stores Corp. Edward Tomechko, 937/296-2683 or Gloria Siegler, 937/296-7339 -----END PRIVACY-ENHANCED MESSAGE-----