0000950134-01-507954.txt : 20011128
0000950134-01-507954.hdr.sgml : 20011128
ACCESSION NUMBER: 0000950134-01-507954
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20011106
ITEM INFORMATION: Financial statements and exhibits
ITEM INFORMATION:
FILED AS OF DATE: 20011107
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: FLEMING COMPANIES INC /OK/
CENTRAL INDEX KEY: 0000352949
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & GENERAL LINE [5141]
IRS NUMBER: 480222760
STATE OF INCORPORATION: OK
FISCAL YEAR END: 0131
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08140
FILM NUMBER: 1776445
BUSINESS ADDRESS:
STREET 1: 1945 LAKEPOINTE DRIVE
CITY: LEWISVILLE
STATE: TX
ZIP: 73126
BUSINESS PHONE: 4058407200
MAIL ADDRESS:
STREET 1: 1945 LAKEPOINT DRIVE
CITY: LEWISVILLE
STATE: TX
ZIP: 75057
8-K
1
d91906e8-k.txt
FORM 8-K
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): November 6, 2001
FLEMING COMPANIES, INC.
-----------------------------------------
(Exact name of registrant as specified in its charter)
Oklahoma 5141 48-0222760
---------------------------- -------------------- -------------------
(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation) Identification No.)
1945 Lakepointe Dr., Lewisville, TX 75029
---------------------------------------------- ----------------------
(Address of principal executive offices) (Zip Code)
(972) 906-8000
----------------------------------------------------
(Registrants' telephone number, including area code)
n/a
-------------------------------------------------------------
(Former name or former address, if changed since last report)
1
ITEM 7. EXHIBITS.
(c) Exhibit
The following exhibit is filed as part of this Report:
No. Exhibit
99.1 Letter dated November 6, 2001 to certain of the company's
institutional investors
ITEM 9. REGULATION FD DISCLOSURE.
The company mailed the attached letter to some of the company's
institutional investors on November 6, 2001.
2
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.
Dated: November 6, 2001
FLEMING COMPANIES, INC.
By: /s/ Carlos M. Hernandez
---------------------------------------
Carlos M. Hernandez
Senior Vice President, General Counsel
And Secretary
3
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
------ -----------
99.1 Letter dated November 6, 2001 to certain of the company's
institutional investors
4
EX-99.1
3
d91906ex99-1.txt
LETTER DATED NOVEMBER 6, 2001
EXHIBIT 99.1
November 6, 2001
(Name)
(Company)
(Address)
(Address)
Dear (Name)
Let me begin by thanking you for your continued support of Fleming. As
you know, we have just completed a successful third quarter. With total sales
over $4 billion and net distribution sales of $3.5 billion for the 12-week
quarter, Fleming has become the largest distributor in its industry.
Importantly, we exceeded analyst expectations and continued to make progress on
our many initiatives and strategies.
In spite of these results, Fleming's stock has traded down in recent
months. Management believes that the decline in stock price is attributable, in
part, to heavy pressure from "short selling" in the marketplace.
Short sellers' interest in our company is directly opposite to that of
most stockholders. As you know, short sellers make money by a declining stock
price. Consequently, short sellers may have a direct financial incentive to
promote or deliberately place misinformation, rumors, and innuendoes into the
market place.
What are we doing about this situation? Fleming is taking action on
several fronts and there is an action that you can take as well.
1. Depending on your arrangement with your broker, your shares of
Fleming stock may have been lent out in support of the short
sellers' tactics. We urge you to call your broker or custodian
immediately and determine whether your shares have been loaned
to short sellers. We do not believe that it is in your best
interest as a stockholder to facilitate the actions of the
shorts.
2. In order to protect our stockholders, we are exploring all
legal and regulatory remedies available to Fleming to identify
and combat any coordinated activities by the short sellers
intended to cause declines in Fleming's stock price. Fleming
intends to pursue all available legal recourse to protect the
integrity of the market for our stock.
3. Finally, we will continue to work diligently in an effort to
continue our strong financial results. Consistent,
above-expectation operating results are the
5
surest means of driving away those traders who would profit
from a declining stock price.
As you can see, we are confronting this issue in a variety of ways,
including asking for your help. We appreciate your consideration of this
important matter and thank you for your continuing support of Fleming.
Sincerely,
/s/ Carlos M. Hernandez
Senior Vice President
General Counsel and Corporate Secretary
Any statements in this letter that are not historical facts are forward-looking
statements within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended. Such forward-looking statements may depend on future events
for accuracy and assumptions that may prove to be inaccurate. These forward
looking statements and the company's business prospects are subject to a number
of factors that could cause actual results to differ material. Such factors are
described in the company's SEC reports. The company undertakes no obligation to
update forward-looking statement to reflect developments or information obtained
after the date hereof.