-----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, Ukb/qXj1OPIeVB8JrA9L1eo1k1C2D50pvPtmbGp2F4xt+6zS/gGW2vZ8xs++huy3 lz6qF3ANO9mQg3zK49i3bQ== /in/edgar/work/20001103/0000950152-00-007550/0000950152-00-007550.txt : 20001106 0000950152-00-007550.hdr.sgml : 20001106 ACCESSION NUMBER: 0000950152-00-007550 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001103 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20001103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VALUE CITY DEPARTMENT STORES INC /OH CENTRAL INDEX KEY: 0000874444 STANDARD INDUSTRIAL CLASSIFICATION: [5331 ] IRS NUMBER: 311322832 STATE OF INCORPORATION: OH FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-10767 FILM NUMBER: 752657 BUSINESS ADDRESS: STREET 1: 3241 WESTERVILLE RD CITY: COLUMBUS STATE: OH ZIP: 43224 BUSINESS PHONE: 6144714722 MAIL ADDRESS: STREET 1: 3241 WESTERVILLE RD CITY: COLUMBUS STATE: OH ZIP: 43224 8-K 1 l84851ae8-k.txt VALUE CITY DEPARTMENT STORES FORM 8-K 1 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: November 3, 2000 VALUE CITY DEPARTMENT STORES, INC. (Exact name of registrant as specified in its charter) OHIO (State or other jurisdiction of incorporation) 1-10767 NO. 31-1322832 (Commission File Number) (IRS Employer Identification No.) 3241 WESTERVILLE ROAD, COLUMBUS, OHIO 43224 (Address of principal executive offices) (Zip Code) (614) 471-4722 (Registrant's telephone number, including area code) 2 ITEM 5. OTHER ITEMS On November 3, 2000, Value City Department Stores, Inc., an Ohio corporation (the "Company"), issued a press release announcing October sales and third quarter estimated results. The press release is included as an exhibit to this Form 8-K and is incorporated herein by this reference. The information contained in this Form 8-K or incorporated herein by reference may make certain forward-looking statements based upon the Company's current expectations or beliefs. We caution investors that our actual results may differ materially from our current expectations and beliefs based on the risk factors described in the reports we file with the Securities and Exchange Commission. -2- 3 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (C) EXHIBITS Exhibit No. Description 99 (a) Press release, dated November 3, 2000, entitled "Value City Department Stores, Inc. reports October Sales and Third Quarter Estimated Results." -3- 4 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. VALUE CITY DEPARTMENT STORES, INC. (Registrant) By /s/ James A. McGrady --------------------------------------- James A. McGrady, Chief Financial Officer and Treasurer* Date: November 3, 2000 - -------------------------------------------------------------------------------- * Mr. McGrady is the principal financial officer and has been duly authorized to sign on behalf of the registrant. -4- EX-99.A 2 l84851aex99-a.txt EXHIBIT 99(A) 1 EXHIBIT 99 (a) VALUE CITY DEPARTMENT STORES, INC. REPORTS OCTOBER SALES AND THIRD QUARTER ESTIMATED RESULTS Columbus, Ohio --/ Nov. 3/PR Newswire/-- Value City Department Stores, Inc. (NYSE:VCD) today announced that total sales for the four weeks ended October 28, 2000 increased 5.3% to $146.8 million from $139.4 million reported in the comparable year earlier period. Same store sales decreased 9.8%. Sales for the 39 weeks ended October 28, 2000 increased 19.8% to $1,387.6 million from $1,158.6 million in the comparable year-earlier period. Same store sales increased 1.6%. The above figures exclude sales of the Filene's Basement Stores acquired effective March 17, 2000. Sales for these stores, excluding licensed departments, totaled $23.3 million for the four weeks ended October 28, 2000 and $162.6 million for the period March 17, 2000 through October 28, 2000. The Company also announced today that it plans to take non-recurring pre-tax charges of about $110 million in the third and fourth quarters of fiscal 2000. The charges, consisting principally of inventory realignment, severance and asset impairment costs, are expected to impact third and fourth quarter results by approximately $1.91 per share. The Company now expects the third quarter loss to be in the range of $2.30 to $2.45 per share due to the above mentioned charges, lower-than-anticipated sales, above plan markdowns and higher promotional expenses. Value City Department Stores, Inc. is a leading off-price retailer currently operating 120 full-line department stores in the Midwest, mid-Atlantic and southeastern U.S., 19 Filene's Basement Stores, including its first Columbus, Ohio store that opened yesterday and 71 better-branded DSW Shoe Warehouse Stores in major metropolitan areas throughout the country. The Company cautions that members of management may make certain forward-looking statements based upon the Company's current expectations or beliefs. We caution investors that our actual results may differ materially from our current expectations and beliefs based on the risk factors described in the reports we file with the SEC. SOURCE: Value City Department Stores, Inc. /Contact: Bob Wysinski of Value City Department Stores, Inc. (614) 478-2242 -5- -----END PRIVACY-ENHANCED MESSAGE-----