SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report: MAY 27, 1998
Date of earliest event reported: MAY 20, 1998
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WEINER'S STORES, INC.
(Exact Name of Registrant as Specified in Charter)
DELAWARE 0-23671 76-0355003
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
6005 WESTVIEW DRIVE, HOUSTON, TEXAS 77055
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (713) 688-1331
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NOT APPLICABLE
(Former name or former address, if changed since last report)
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INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On May 20, 1998, Weiner's Stores, Inc., a Delaware corporation (the
"Company"), dismissed the accounting firm of Deloitte & Touche LLP, which had
previously been engaged as the Company's independent auditor to audit the
Company's financial statements. Deloitte & Touche LLP's reports on the Company's
balance sheets as of January 31, 1998 and January 25, 1997, and the related
statements of operations, changes in stockholders' equity (deficiency) and cash
flows for the twenty-three weeks ended January 31, 1998, the thirty weeks ended
August 25, 1997, and the years ended January 25, 1997 and January 27, 1996 did
not contain any adverse opinion or disclaimer of opinion, and such reports were
not modified or qualified as to uncertainty, audit scope or accounting
principles, except that Deloitte & Touche LLP's reports on the Company's
financial condition for the fiscal years ended January 25, 1997 and January 27,
1996 contained a going concern qualification. Furthermore, during the
aforementioned periods, the Company had no disagreements with Deloitte & Touche
LLP on any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreements, if not resolved
to the satisfaction of Deloitte & Touche LLP, would have caused it to make
reference to the subject matter of the disagreements in connection with its
report(s).
On May 20, 1998, the Company retained the accounting firm of Ernst &
Young LLP as its new independent auditor to audit the Company's financial
statements for fiscal year 1998 ending January 30, 1999.
The decision to change accounting firms was recommended by the Audit
Committee of the Company's Board of Directors and approved by the Company's
Board of Directors, and is subject to ratification by the Company's stockholders
at the Company's Annual Meeting of Stockholders scheduled to be held on June 25,
1998.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit number Description
16.1 Letter from Deloitte & Touche LLP, dated May 22,
1998, to the Company and the Securities and
Exchange Commission
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Weiner's Stores, Inc.
By: /s/ Raymond J. Miller
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Raymond J. Miller
Vice President and Chief
Financial Officer
Dated: May 27, 1998
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EXHIBIT INDEX
Exhibit number Description
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16.1 Letter, dated May 22, 1998, from Deloitte &
Touche LLP to the Company and the Securities and
Exchange Commission
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EXHIBIT 16.1
[LETTERHEAD OF DELOITTE & TOUCHE LLP]
May 22, 1998
Mr. Raymond J. Miller
Vice President and Chief Financial Officer
Weiner's Stores, Inc.
6005 Westview Drive
Houston, Texas 77055
Dear Mr. Miller:
This is to confirm that the client-auditor relationship between Weiner's Stores,
Inc. (Commission File No. 0-23671) and Deloitte & Touche LLP has ceased.
Yours truly,
/s/ Deloitte & Touche LLP
cc: Office of the Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549
Mr. Herbert R. Douglas, President and Chief Executive Officer
Mr. Gasper Mir, Chairman of the Audit Committee
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