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) March 31, 1997
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STOICO RESTAURANT GROUP, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 333-5488-D 48-1177558
(State of other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
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3151 NORTH ROCK ROAD, WICHITA, KANSAS 67226
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (316) 636-5776:
N/A
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(Former name or former address, if changed since last report.)
ITEM 4: CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
The Board of Directors has selected Allen, Gibbs & Houlik, L.C. of Wichita,
Kansas as the Company's independent accountants to audit the financial
statements of the Company and its subsidiaries for the fiscal year ending
December 30, 1997. This selection is subject to the ratification by the
Stockholders at the Annual Meeting. This change in independent accountants was
recommended by the Audit Committee of the Company's Board of Directors and
approved by the Board of Directors on March 31, 1997.
KPMG Peat Marwick LLP served as the Company's independent accountants
auditing the financial statements of the Company and its subsidiaries for the
fiscal years ended December 31, 1996 and December 26, 1995.
KPMG Peat Marwick LLP's reports on the financial statements of the Company
and its subsidiaries for the fiscal years ended December 31, 1996 and December
26, 1995 did not contain an adverse opinion or a disclaimer of opinion and were
not qualified or modified as to uncertainty, audit scope or accounting
principles.
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During the Company's fiscal years ended December 31, 1996 and December 26,
1995 and subsequent interim periods through March 31, 1997 (date of dismissal)
there were no disagreements with KPMG Peat Marwick LLP, whether or not resolved,
on any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which, if not resolved to the
satisfaction of KPMG Peat Marwick LLP, would have caused them to make reference
to the subject matter of the disagreement(s) in connection with their reports.
ITEM 7. FINANCIAL STATEMENT AND EXHIBITS:
Exhibits required by Item 601 of Regulation S-B are listed in the Exhibit
Index which is incorporated herein by reference.
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.
STOICO RESTAURANT GROUP, INC.
/S/ LOUIS STOICO, JR.
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Louis Stoico, Jr.
Chairman of the Board and President
Date: April 7, 1997
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EXHIBIT INDEX
EXHIBIT NO. DOCUMENT
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16 Letter of KPMG Peat Marwick LLP to the Securities and
Exchange Commission
April 4, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Stoico Restaurant Group, Inc. and,
under the date of January 25, 1997, we reported on the consolidated financial
statements of Stoico Restaurant Group, Inc. and subsidiaries as of and for the
years ended December 31,1996 and December 26, 1995. On April 1, 1997, our
appointment as principal accountants was terminated. We have read Stoico
Restaurant Group, Inc.'s statements included under Item 4 of its Form 8-K dated
April 4, 1997, and we agree with such statements except that we are not in a
position to agree or disagree with Stoico Restaurant Group, Inc.'s statements
that the change was recommended by the audit committee and approved by the
board of directors and the hiring of the new accountants.
Very truly yours,
/s/ KPMG Peat Marwick LLP
KPMG Peat Marwick LLP
