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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
JUNE 17, 1996
Date of Report
(Date of earliest event reported)
HUFFY CORPORATION
(Exact name of registrant as specified in its charter)
OHIO 1-5325 31-0326270
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification Number)
225 BYERS ROAD
MIAMISBURG, OHIO
(Address of principal executive offices)
45342-3657
(Zip Code)
(513) 866-6251
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
In connection with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, Huffy Corporation (the "Company") is hereby
filing cautionary statements identifying important factors that could cause the
Company's actual results to differ materially from those projected in forward
looking statements of the Company made by or on behalf of the Company.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(99) Additional Exhibits
99.1 Cautionary Statement for Purposes of the "Safe Harbor" Provisions of
the Private Securities Litigation Reform Act of 1995.
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.
HUFFY CORPORATION
Registrant
Date: June 17, 1996 By: /s/ Timothy G. Howard
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Timothy G. Howard
Vice President and Corporate Controller
(Principal Financial and Accounting
Officer)
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EXHIBIT 99.1
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CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR"
PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
In connection with the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 (the "Reform Act"), Huffy Corporation
(the "Company") is hereby filing cautionary statements identifying important
factors that could cause the Company's actual results to differ materially from
those projected in forward-looking statements of the Company made by or on
behalf of the Company, whether oral or written. The Company wishes to ensure
that any forward-looking statements are accompanied by meaningful cautionary
statements in order to maximize to the fullest extent possible the protections
of the safe harbor established in the Reform Act. Accordingly, any such
statements are qualified in their entirety by reference to, and are accompanied
by, the following important factors, among others, that could cause the
Company's actual results to differ materially from those projected in
forward-looking statements of the Company made by or on behalf of the Company.
The Company cautions that the following important factors, among
others (including but not limited to factors mentioned from time to time in the
Company's reports filed with the Securities and Exchange Commission), could
affect the Company's actual results and could cause the Company's actual
consolidated results to differ materially from those expressed in any
forward-looking statements of the Company made by or on behalf of the Company:
- Risks inherent in new product introductions, particularly the
uncertainty of price-performance relative to products of competitors,
including competitors' responses to the introductions;
- Under utilization of the Company's operating facilities resulting in
production inefficiencies and higher costs;
- Changes in levels of competition from current competitors and
potential new competition from international manufacturers;
- Loss of a significant vendor, prolonged disruption of material supply
chain, or significant increase in the cost of raw materials;
- Changes in the Federal income tax rules and regulations or
interpretation of existing legislation;
- Changes in the cost or availability of labor sufficient to support the
Company's operations;
- Existence of competitive pricing pressures in several of the product
categories of the Company, which has had and may in the future have an
adverse effect on the Company's revenues and earnings;
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- The loss or bankruptcy of one or more key customers, or significant
changes in the structure and composition of retailing in the United
States;
- Changes in consumer demand for the Company's products resulting from
prolonged periods of unseasonable weather;
- Changes in customer preferences or behavior which change their demand
for the Company's products or services.
- The costs and other effects of legal and administrative cases and
proceedings (whether civil, such as environmental and product-
related, or criminal), settlements and investigations, claims, and
changes in those items; developments or assertions by or against the
Company relating to intellectual property rights and intellectual
property licenses; adoption of new, or changes in, accounting policies
and practices and the application of such policies and practices;
- Changes in the general economic conditions in the United States
including, but not limited to, the levels and availability of consumer
debt, the level of interest rates, and consumer sentiment about the
economy in general.
The factors included here are not exhaustive. Further, any forward-looking
statement speaks only as of the date on which such statement is made, and the
Company will not undertake, and specifically declines, any obligation to
publically release the result of any revisions which may be made to any
forward-looking statement to reflect events or circumstances after the date on
which such statement is made or to reflect the occurrence of anticipated or
unanticipated events. New factors emerge from time to time and it is not
possible for management to predict all of such factors, nor can it assess the
impact of each such factor on the business or the extent to which any factor,
or combination of factors, may cause actual results to differ materially from
those contained in any forward-looking statements. Therefore, forward-looking
statements should not be relied upon as a prediction of actual future results.
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