-----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, URsoMynR9hkcPeYiV2hUhH1doP+1JgkRs3Nd3D8KWUIMk6YNxQu5MnqY9HRgNoAe JU7bP4Tkr9OSU3pKq0mwRw== 0001193125-05-169044.txt : 20050816 0001193125-05-169044.hdr.sgml : 20050816 20050816062002 ACCESSION NUMBER: 0001193125-05-169044 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050816 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050816 DATE AS OF CHANGE: 20050816 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROVENA FOODS INC CENTRAL INDEX KEY: 0000814139 STANDARD INDUSTRIAL CLASSIFICATION: SAUSAGE, OTHER PREPARED MEAT PRODUCTS [2013] IRS NUMBER: 952782215 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10741 FILM NUMBER: 051029028 BUSINESS ADDRESS: STREET 1: 5010 EUCALYPTUS AVE CITY: CHINO STATE: CA ZIP: 91710 BUSINESS PHONE: 7146271082 MAIL ADDRESS: STREET 1: 5010 EUCALYPTUS AVENUE CITY: CHINO STATE: CA ZIP: 91710 8-K 1 d8k.htm FORM 8-K Form 8-K

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) AUGUST 16, 2005

 


 

PROVENA FOODS INC.

(Exact name of registrant as specified in its charter)

 


 

California   1-10741   95-2782215

(State or other jurisdiction

of incorporation

  (Commission File Number)  

(IRS employer

Identification No.)

 

5010 Eucalyptus Avenue, Chino, California   91710
(Address of principal executive offices)   (Zip Code)

 

(909) 627-1082

(Registrant’s telephone number, including area code)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



SECTION 2 - FINANCIAL INFORMATION

 

Item 2.02 Results of Operations and Financial Condition

 

The following is the text of a press release including 2nd quarter of 2005 which registrant intends to have published on August 16, 2005.

 

FOR IMMEDIATE RELEASE - August 16, 2005 - CHINO, CA

 

PROVENA FOODS INC. REPORTS SECOND QUARTER RESULTS

 

CHINO, Calif., Provena Foods Inc. (AMEX: PZA) incurred a net loss of $146,615 for the 2nd quarter and $321,291 for the first six months of 2005 compared to net losses of $298,762 and $659,459 a year ago. The Company's sales were up 19% in the 2nd quarter and up 21% in the 1st six months of 2005 compared to the same periods of 2004. Both the meat and the pasta divisions contributed to the decreases in losses and increases in sales in both periods, except that the meat division's loss was up in the 2nd quarter of 2005.

 

CONDENSED STATEMENT OF OPERATIONS

 

(Unaudited)


  

Three Months Ended

June 30,


   

Six Months Ended

June 30,


 
   2005

    2004

    2005

    2004

 

Net Sales

   $ 14,016,535     $ 11,802,338     29,161,172     24,120,890  

Cost of Sales

     13,307,440       11,288,075     27,515,222     23,136,981  
    


 


 

 

Gross profit

     709,095       514,263     1,645,950     983,909  

Operating Expenses:

                            

Distribution

     402,026       405,428     840,848     910,009  

General and administrative

     500,555       477,056     1,048,622     981,243  
    


 


 

 

Operating loss

     (193,486 )     (368,221 )   (243,520 )   (907,343 )

Interest expense and other financing costs, net

     (181,450 )     (126,659 )   (461,546 )   (250,051 )

Other Income, net

     128,621       46,818     212,875     112,435  
    


 


 

 

Loss before income taxes

     (246,315 )     (448,062 )   (492,191 )   (1,044,959 )

Income tax benefit

     99,700       149,300     170,900     385,500  
    


 


 

 

Net loss

     (146,615 )     (298,762 )   (321,291 )   (659,459 )
    


 


 

 

Loss per share:

                            

Basic and diluted

     (0.04 )     (0.09 )   (0.10 )   (0.20 )
    


 


 

 

Shares used in computing loss per share.

                            

Basic and diluted:

     3,388,265       3,248,532     3,367,082     3,233,789  
    


 


 

 

 

SECTION 9—FINANCIAL STATEMENTS AND EXHIBITS

 

Item 9.01 Financial Statements and Exhibits

 

No financial reorts or exhibits are filed with this report.

 

SIGNATURE

 

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.

 

Date: August 16, 2005   PROVENA FOODS INC.
    By  

/s/ Thomas J. Mulroney


        Thomas J. Mulroney
        Vice President and
        Chief Financial Officer
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