8-K 1 k8-q101.txt THE MANITOWOC COMPANY, INC. 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: March 26, 2001 (Date of earliest event reported) THE MANITOWOC COMPANY, INC. (Exact name of registrant as specified in its charter) Wisconsin 1-11978 39-0448110 -------------- ------------ ---------------- State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) Number) 500 South 16th Street, Manitowoc, WI 54221-0066 --------------------------------------- ------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (920-684-4410) ITEM 5. OTHER EVENTS ------------------------ On March 26, 2001 the company issued a press release stating that itanticipates that reported net sales for the first quarter will be in the range of $215 million to $225 million compared with the $202.0 million reported in the first quarter of 2000.Diluted earnings per share for the quarter are expected to be in the range of $.38 to $.43 compared with year-ago earnings per share of $.57. Orders from customers in the company's foodservice and boom- truck businesses have been much slower than expected during the first quarter. Despite this weakness, the company's cash generation continues to be strong. In addition, significant cost-control measures have been implemented at all of its foodservice and boom-truck operations and the company expects these actions will result in cost savings in the second half of 2001. The press release is incorporated herein by reference to Exhibit 20 of this report. The reader is referred to this Exhibit for more information. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS ------------------------------------------- (c) Exhibits. See the Exhibit Index following the Signature page of this Report, which is incorporated herein by reference. 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. DATE: April 3, 2001 THE MANITOWOC COMPANY, INC. (Registrant) /s/ Glen E. Tellock ------------------------------ Senior Vice President & Chief Financial Officer THE MANITOWOC COMPANY, INC. EXHIBIT INDEX TO FORM 8-K CURRENT REPORT DATED AS OF MARCH 26, 2001 Exhibit Filed No. Description Herewith -------- -------------------------------- -------- 20 Press Release dated X March 26, 2001, regarding the company's first-quarter expectations