-----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, Tzvpcuqb579QatByfoU2m6kkKGHWge1WEKA2OpQbSHjk20xIHHlw/MnAwOcf7XnG PBII6JPIorBaoXfcd9SRCA== 0000950152-96-002332.txt : 19960514 0000950152-96-002332.hdr.sgml : 19960514 ACCESSION NUMBER: 0000950152-96-002332 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960504 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960513 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONSOLIDATED STORES CORP /DE/ CENTRAL INDEX KEY: 0000768835 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 061119097 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08897 FILM NUMBER: 96561622 BUSINESS ADDRESS: STREET 1: 300 PHILIP ROAD STREET 2: TREASURY DEPT CITY: COLUMBUS STATE: OH ZIP: 43228-1310 BUSINESS PHONE: 614-278-6800 MAIL ADDRESS: STREET 1: 1105 NORTH MARKET STREET STREET 2: SUITE 1300 CITY: WILMINGTON STATE: DE ZIP: 19899 8-K 1 CONSOLIDATED STORES 1 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): May 4, 1996 CONSOLIDATED STORES CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-8897 06-1119097 - ---------------------------- ------------------------ ----------------------- (State or other jurisdiction (Commission File Number) (IRS Identification No.) of incorporation) 1105 North Market Street, Suite 1300 P. O. Box 8985 Wilmington, DE 19899 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (302) 478-4896 Not applicable (Former name or former address, if changed since last report.) Form 8-K Page 1 of 3 2 Item 5. Other Events On May 13, 1996, Consolidated Stores Corporation released earnings for the first quater fiscal of 1996 which ended May 4, 1996. The press release is attached hereto as Exhibit 99. Item 7. Financial Statements and Exhibits. (c) Exhibits. Exhibit 99. Press Release dated May 13, 1996 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. CONSOLIDATED STORES CORPORATION Dated: May 13, 1996 By: /s/ Michael J. Potter ------------------------------ Michael J. Potter Sr. Vice President and Chief Financial Officer
INDEX TO EXHIBITS - -------------------------------------------------------------------------------- Exhibit Page No. Description No. - --------------- ---------------------------------------------- ------------ 99 The Company's Press Release dated May 13, 1996. 3
Form 8-K Page 2 of 3 EX-99 2 EXHIBIT 99 1 Exhibit 99 CONSOLIDATED STORES REPORTS A FIRST QUARTER EARNINGS INCREASE OF 20.0%, AND - --------------------------------------------------------------------------- E.P.S. OF $.07 - -------------- Columbus, Ohio - May 13, 1996 - Consolidated Stores Corporation (NYSE: CNS) today reported for the first quarter ended May 4, 1996, net income was $3.6 million, or $.07 per share. The thirteen week earnings performance was a 20.0% increase above net income of $3.0 million, $.06 per share, reported for the same period of fiscal 1995. Net sales were $343.2 million in the 1996 quarter, a 17.6% improvement in comparison to the $291.8 million for first quarter of fiscal 1995. Comparable store sales for stores open two full years at the beginning of the year increased 5.4% for fiscal 1996 period.
Thirteen Weeks Ended ----------------------------------------- May 4, 1996 April 29, 1995 -------------------- ---------------- (In millions, except earnings per share data) Net sales: Retail $333.5 $283.4 Wholesale 9.7 8.4 ------------------- ---------------- $343.2 $291.8 =================== ================ Operating profit $ 7.4 $ 6.0 Net income $ 3.6 $ 3.0 Earnings per common common equivalent $ .07 $ .06 Weighted average co and common equiva 49.8 48.5
Consolidated Stores Corporation, a leading retailer and wholesaler of close-out merchandise, operated a total of 887 stores in 39 states at May 4, 1996. Stores by division consist of: 559 ODD LOTS/BIG LOTS and 66 ITZADEAL! SPECIALTY RETAIL STORES, 144 ALL FOR ONE/IT'S REALLY $1.00 single price point retail stores, and 118 TOY LIQUIDATORS/TOYS UNLIMITED/THE AMAZING TOY STORE close-out toy stores. Wholesale operations are conducted through CONSOLIDATED INTERNATIONAL and WISCONSIN TOY. Form 8-K Page 3 of 3 -----END PRIVACY-ENHANCED MESSAGE-----