8-K 1 c14464e8vk.htm CURRENT REPORT e8vk
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UNITED STATES
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): April 25, 2007
Nash-Finch Company
(Exact name of Registrant as specified in its charter)
         
Delaware
(State or other jurisdiction
of incorporation)
  0-785
(Commission
File Number)
  41-0431960
(I.R.S. Employer
Identification No.)
     
7600 France Avenue South, Minneapolis, Minnesota   55435
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (952) 832-0534
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


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Item 2.02. Results of Operations and Financial Condition
Item 8.01. Other Events
Item 9.01. Financial Statements and Exhibits
SIGNATURES
Press Release


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Item 2.02. Results of Operations and Financial Condition.
     On April 25, 2007, Nash-Finch Company (“Nash Finch”) issued a press release announcing its results for the twelve weeks ended March 24, 2007. The press release by which these results were announced is furnished herewith as Exhibit 99.1.
     The press release (including the schedules attached thereto) includes four financial measures that are considered “non-GAAP” financial measures for purposes of the SEC’s Regulation G – Consolidated EBITDA, leverage ratio, senior secured leverage ratio and interest coverage ratio. Each of these financial measures is defined in the press release and, as required by Regulation G, Nash Finch has disclosed in the press release information regarding the GAAP financial measures which are most directly comparable to each of these non-GAAP financial measures, and reconciling information between the GAAP and non-GAAP financial measures. Relevant reconciling information is also provided on the “Investor Relations” portion of our website, under the caption “Presentations – Supplemental Financial Information.”
     These non-GAAP financial measures are included in the press release because Nash Finch management believes that these measures provide useful information to investors because of their importance to the Company’s liquidity position. Consolidated EBITDA forms the basis for the most significant financial covenants, namely leverage ratio, senior secured leverage ratio and interest coverage ratio, in the Nash Finch senior secured credit facility, which represents one of Nash Finch’s primary sources of liquidity. Compliance with these financial covenants is essential to continued credit availability under that facility.
Item 8.01. Other Events.
     Today the Company announced that it will discontinue its supply relationship with Martin’s Super Markets based in South Bend, Indiana. Martin’s Super Markets represented approximately $153 million in volume during fiscal 2006 and accounted for approximately $3 million in EBITDA contribution to the Company during the same timeframe. It is anticipated that the transition of supply will be completed within the next 60 to 90 days.
Item 9.01. Financial Statements and Exhibits.
     (c) Exhibits. The following exhibit is furnished as part of this Current Report on Form 8-K:
     
Exhibit No.   Description
99.1
  Press Release issued by the registrant, dated April 25, 2007.

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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 hereunto duly authorized.
         
  NASH-FINCH COMPANY
 
 
Date: April 25, 2007  By:   /s/ Robert B. Dimond    
    Name:   Robert B. Dimond   
    Title:   Executive Vice President and
Chief Financial Officer 
 

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NASH-FINCH COMPANY
EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K
DATED APRIL 25, 2007
         
Exhibit No.   Description   Method of Filing
99.1
  Press Release, issued by the Registrant, dated April 25, 2007   Furnished herewith

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