-----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, MA69VgfsQXKIVzoNg2gRnlhLcNTd7+heaFvViHbvtQpIliPBfJzLPlTVzJ8r9pW0 Lhej7wvd30jyaBmB5Gir0w== 0000093556-99-000036.txt : 19990726 0000093556-99-000036.hdr.sgml : 19990726 ACCESSION NUMBER: 0000093556-99-000036 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990723 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990723 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY WORKS CENTRAL INDEX KEY: 0000093556 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-05224 FILM NUMBER: 99669242 BUSINESS ADDRESS: STREET 1: 1000 STANLEY DR STREET 2: P O BOX 7000 CITY: NEW BRITAIN STATE: CT ZIP: 06053 BUSINESS PHONE: 8062255111 MAIL ADDRESS: STREET 1: 1000 STANLEY DR CITY: NEW BRITAIN STATE: CT ZIP: 06053 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): July 23, 1999 The Stanley Works (Exact name of registrant as specified in charter) Connecticut 1-5224 06-058860 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 1000 Stanley Drive, New Britain, Connecticut 06053 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:(860) 225-5111 Not Applicable (Former name or former address, if changed since last report) Exhibit Index is located on Page 4 Page 1 of 5 Pages Item 5. Other Events. 1. On July 23, 1999, the Registrant issued cautionary statements relating to certain forward looking statements made at a presentation to analysts. Attached as Exhibit (20)(i) is a copy of the cautionary statements. Item 7. Financial Statements and Exhibits. (c) 20(i) Cautionary statements under the Private Securities Litigation Reform Act of 1995. Page 2 of 5 Pages 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, thereunto duly authorized. THE STANLEY WORKS Date: July 23, 1999 By: Stephen S. Weddle Name: Stephen S. Weddle Title: Vice President, General Counsel and Secretary Page 3 of 5 Pages EXHIBIT INDEX Current Report on Form 8-K Dated July 23, 1999 Exhibit No. Page 20(i) 5 Page 4 of 5 Pages Exhibit 20(i) CAUTIONARY STATEMENTS Under the Private Securities Litigation Reform Act of 1995 Certain statements made in a presentation to analysts today regarding (1) the projected revenue from the sale of new products and (2) the projected revenue growth for Mac Tools and the storage business are forward looking. These forward looking statements are based on assumptions of future events that may not prove to be accurate and, therefore, certain risks and uncertainties are inherent in the company's ability to realize the expectations contained in them. The achievement of the expected revenue from the sale of new products will depend on the company's ability to successfully commercialize new products, the acceptance of those products in the marketplace and the company's ability to satisfy demand for the new products. The achievement of revenue growth in Mac Tools is dependent upon several factors. These include the company's ability to (i) develop sales in new markets, (ii) slow or eliminate sales force attrition, (iii) improve candidate screening, (iv) recruit new employees and distributors, (v) improve comparable sales for existing trucks and (vi) successfully implement systems changes and outsourcing necessary to solve Year 2000 issues. The achievement of revenue growth in the storage business depends in part on increased toolbox sales as a by product of Mac Tools growth and in part from the growth of the ZAG business. The company's ability to achieve its growth goals for ZAG will depend on continued success with new products, expansion of new sales channels and product markets and expanded access to external manufacturing capacity to keep up with demand. The company's ability to achieve the goals outlined above will also be affected by external factors that may occur during the remainder of this year. These include pricing pressures and other changes within competitive markets; the continued consolidation of customers in consumer channels; increasing global competition; changes in trade, monetary and fiscal policies and laws; inflation; currency exchange fluctuations and the impact of dollar/foreign currency exchange rates on the competitiveness of products; and recessionary or expansive trends in the economies of the world in which the company operates. Page 5 of 5 Pages -----END PRIVACY-ENHANCED MESSAGE-----