FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
CURRENT REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) December 5, 1996
Commission File Number 1-11681
FOOTSTAR, INC.
(Exact Name of registrant as specified in its charter)
Delaware 22-3439443
(State or other Jurisdiction of (I.R.S. Employer Identification Number)
Incorporation or Organization)
933 MacArthur Boulevard, Mahwah, New Jersey 07430
(Address of principal executive offices) (Zip Code)
(201) 934-2000
(Registrant's telephone number, including area code)
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Item 7 - Exhibits
99 Press release dated December 9, 1996 announcing Board of Directors approval
for a change in fiscal year end.
Item 8 - Change in Fiscal Year
The Board of Directors of Footstar, Inc. approved on December 5, 1996 a change
to a fiscal year ending on the Saturday closest to December 31 from a calendar
year. Fiscal 1996 will end on December 28, 1996 and be reported on the 1996 Form
10-K. Fiscal 1997 will end on January 3, 1998. The impact on the current year of
three fewer days of operation is immaterial.
As of November 30, 1996, Footstar operated 467 Footaction stores which sell
branded athletic footwear and apparel, and 2,554 Meldisco leased footwear
departments.
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 thereunto duly authorized.
FOOTSTAR, INC.
(REGISTRANT)
/S/ CARLOS E. ALBERINI
----------------------
Carlos E. Alberini
Senior Vice President and
Chief Financial Officer
Date: December 13, 1996
Exhibit 99
FOOTSTAR, INC.
Investor Contact: Carlos Alberini Media Contact: Wendi Kopsick
Sr. Vice President & CFO Jim Fingeroth
Footstar, Inc. Kekst and Company
(201) 934-2206 (212) 593-2655
For Immediate Release
FOOTSTAR ANNOUNCES CHANGE IN YEAR END
MAHWAH, NEW JERSEY, December 9, 1996--Footstar, Inc. (NYSE: FTS) today announced
that its Board of Directors has approved a change in the 1996 year-end to
December 28 from December 31. From this year forward, the fiscal year will close
on the Saturday closest to the end of December rather than at calendar year-end.
As of November 30, 1996, Footstar operated 467 Footaction stores, which sell
branded athletic footwear and apparel, and 2,554 Meldisco leased footwear
departments.
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