-----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, EY2q2xI0ei80LGurf3OpLAGBAJjVsZIcDEsh5LrExQAL5BNxjwPPPqrJCbZayufX Xts5QnA42uaRgSE/dOYKBg== 0000950134-01-503218.txt : 20010618 0000950134-01-503218.hdr.sgml : 20010618 ACCESSION NUMBER: 0000950134-01-503218 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010615 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010615 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TANDY BRANDS ACCESSORIES INC CENTRAL INDEX KEY: 0000869487 STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300] IRS NUMBER: 752349915 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-18927 FILM NUMBER: 1661543 BUSINESS ADDRESS: STREET 1: 690 E LAMAR BLVD STE 200 CITY: ARLINGTON STATE: TX ZIP: 76011 BUSINESS PHONE: 8172654113 MAIL ADDRESS: STREET 1: 690 E LAMAR BLVD CITY: ARLINGTON STATE: TX ZIP: 76011 8-K 1 d88446e8-k.txt FORM 8-K 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): JUNE 15, 2001 ---------- TANDY BRANDS ACCESSORIES, INC. (Exact name of registrant as specified in charter) DELAWARE (State or other Jurisdiction of Incorporation or Organization) 0-18929 75-2349915 ------- ---------- (Commission File Number) (IRS Employer Identification No.) 690 EAST LAMAR BLVD. SUITE 200 ARLINGTON, TEXAS 76011 ---------------- ----- (Address of Principal Executive Offices) (Zip Code) (817) 265-4113 (Registrant's telephone number, including area code) NO CHANGE (Former Name or Former Address, if Changed Since Last Report) ================================================================================ 2 ITEM 5. OTHER EVENTS. On June 15, 2001, the Registrant issued a press release announcing updated guidance regarding its projected financial results for fiscal year 2001. A copy of the press release is attached hereto as Exhibit 99 and is incorporated herein by reference. ITEM 7. EXHIBITS. Exhibit 99 Press Release, dated June 15, 2001. 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. TANDY BRANDS ACCESSORIES, INC. By: /s/ J.S.B. Jenkins --------------------------------- J.S.B. Jenkins, President and Chief Executive Officer -2- 3 EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION - ------- ----------- 99 Press Release, dated June 15, 2001.
EX-99 2 d88446ex99.txt PRESS RELEASE DATED 6/15/01 1 EXHIBIT 99 [TANDY BRANDS LETTERHEAD] TANDY BRANDS ACCESSORIES ANNOUNCES UPDATED GUIDANCE ON FISCAL 2001 RESULTS ARLINGTON, TX, JUNE 15, 2001 -- TANDY BRANDS ACCESSORIES, INC. (NASDAQ NM: TBAC) today announced updated guidance on results for fiscal year 2001 due to the impact of the recent bankruptcy filing of one of its customers, Casual Male Corp. (CMALQ). Tandy Brands is owed approximately $870,000 by Casual Male, which filed for Chapter 11 bankruptcy protection on May 18, 2001. The final amount of bad debt expense related to the bankruptcy will be determined at year-end based on Tandy Brands' anticipated recovery at that time. Tandy Brands currently estimates that, as a result of the bankruptcy, its earnings for fiscal 2001 will range between $0.79 and $0.84 per diluted share versus previous guidance of $0.89 to $0.94. Tandy Brands Accessories, Inc. designs, manufactures and markets fashion accessories for men, women and children. Key product categories include belts, wallets, handbags, suspenders, socks, scarves, and cold weather and hair accessories. Merchandise is sold under various national brand names as well as private labels to all major levels of retail distribution, including the ROLFS e-commerce web site at www.rolfs.net. Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted or expected results. Those risks include, among other things, the competitive environment in the industry in general and in the Company's specific market areas, inflation, changes in costs of goods and services and economic conditions in general and in the Company's specific market area. Those and other risks are more fully described in the Company's filings with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----