-----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, COGaY1QKHHt6DVqMMoLUZH9dP6r/e0cktmgPGduiy4Bw2/j0TuZAu3INwkn1UmRx jVhxjNV5imIxmWOnj01ryg== /in/edgar/work/0000071023-00-000023/0000071023-00-000023.txt : 20001030 0000071023-00-000023.hdr.sgml : 20001030 ACCESSION NUMBER: 0000071023-00-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001026 ITEM INFORMATION: FILED AS OF DATE: 20001027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NELSON THOMAS INC CENTRAL INDEX KEY: 0000071023 STANDARD INDUSTRIAL CLASSIFICATION: [2731 ] IRS NUMBER: 620679364 STATE OF INCORPORATION: TN FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13788 FILM NUMBER: 746840 BUSINESS ADDRESS: STREET 1: 501 NELSON PLACE CITY: NASHVILLE STATE: TN ZIP: 37214-1000 BUSINESS PHONE: 6158899000 MAIL ADDRESS: STREET 1: P O BOX 141000 CITY: NASHVILLE STATE: TN ZIP: 37214-1000 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL PUBLISHERS INC DATE OF NAME CHANGE: 19721019 8-K 1 0001.txt 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: October 26, 2000 Thomas Nelson, Inc. - --------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Tennessee 0-4095 62-0679364 - --------------------------------------------------------------- (State or other (Commission File (I.R.S. Jurisdiction of Number) Employer Incorporation) Identification No.) 501 Nelson Place Nashville, Tennessee 37214-1000 - ----------------------------------------------------------------- (Address of Principal (Zip Code) Executive Offices) Registrant's telephone number, including area code: 615/889-9000 Item 5. Other Events. The attached press release provides information concerning the Company's revision of its expected earnings for the second quarter of fiscal year 2001 and Regulation FD disclosures. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits: (99) News Release, October 26, 2000. 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. THOMAS NELSON, INC. By: /s/ Joe L. Powers ------------------------- Name: Joe L. Powers Title: Executive Vice President Date: October 26, 2000 INDEX TO EXHIBITS Exhibit Numbers ------- 99 News Release, October 26, 2000. EX-99 2 0002.txt NEWS RELEASE: DATE: October 26, 2000 CONTACT: Joe L. Powers Executive Vice President P.O. Box 141000 Nashville, TN 37214-1000 PHONE: (615) 902-1300 FAX: (615) 883-6353 WEBSITE: www.thomasnelson.com THOMAS NELSON ANNOUNCES REVISION OF EARNINGS EXPECTATIONS NASHVILLE, TN, October 26, 2000. Thomas Nelson, Inc. announced today that a preliminary review of the Company's financial results for the second quarter of fiscal year 2001, the three months through September 30, 2000, indicates that earnings are expected to be significantly below analysts' estimates. "An analysis of our preliminary results indicates that per share profits are expected to show a significant decline of approximately 30% from the $.30 per share earned in the second quarter of the last fiscal year," noted Joe Powers, Executive Vice President. "Though our Company is operating in weak markets, our core publishing business kept pace with last year, both in revenues and profits. The gift business continues to confront a particularly difficult sales environment. Its revenues and profits fell below the levels achieved during the previous year's quarter. While the Company's total revenues for the quarter will show an increase, this gain is the result of acquisitions we made over the past 12 months. Profits are coming in below expectations." Commenting on the expectations for the quarter, Sam Moore, Chairman and Chief Executive Officer said: "We are disappointed in this quarterly trend which reflects weak markets, predominantly in our gift business. We are strongly committed to a strategy where our products continue to be market leaders, and we are maintaining a strong competitive position. However, the market environment remains soft, and this is having a depressing effect on our profits." Thomas Nelson, Inc. intendes to release its financial results for the second fiscal quarter on November 1, 2000. This news release includes certain forward-looking statements. Actual results could differ materially from those reflected by the forward- looking statements and a number of factors may affect future results, liquidity and capital resources. These factors include softness in the general retail environment, the timing of products being introduced to the market, the level of returns experienced by the operating divisions, the level of margins achievable in the marketplace and the ability to minimize operating expenses. Although the Company believes it has the business strategy and resources needed for improved operations, future revenue and margin trends cannot be reliably predicted and may cause the Company to adjust its business strategy during the remaining portion of the 2001 fiscal year. The Company disclaims any intent or obligation to update forward-looking statements. Thomas Nelson, Inc. is a leading publisher, producer and distributor of books emphasizing Christian, inspirational and family value themes, and believes it the largest publisher of Bibles and inspirational books in the English language. The Company also designs and markets a broad line of gift and stationery products. For more information, visit our website www.thomasnelson.com. Thomas Nelson, Inc. will host a conference call related to the earnings release at 1:30 CST on Wednesday, November 1, 2000. Individuals may listen to the call by dialing (719) 457-2637. The live broadcast of Thomas Nelson's quarterly conference call will be available online by going to www.thomasnelson.com and clicking on the link to News and at www.streetevents.com. The online replay will follow shortly after the call and continue through November 8, 2000. Thomas Nelson's stock is listed on the New York Stock Exchange (TNM- NYSE). -----END PRIVACY-ENHANCED MESSAGE-----