UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended December 1, 1996.
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from .............to ............
Commission File Number 1-7013
SLOAN'S SUPERMARKETS, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware 13-1829183
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
823 Eleventh Avenue, New York, New York 10019
(Address of Principal Executive Offices)
(212) 956-5803
(Registrant's Telephone Number, Including Area Code)
N/A
(Former Name, Former Address and Former Fiscal Year,
if Changed Since Last Report)
Indicate by check mark whether the registrant (1) has filed all reports to be
filed by Section 13 or 15 (d) of the Securities Exchange Act during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.
Yes [X] No [ ]
At January 15, 1997, the registrant had issued and outstanding 3,132,289 shares
of common stock.
<PAGE>
SLOAN'S SUPERMARKETS, INC.
The Registrant hereby amends the following items, financial statements,
exhibits or other portions of its Form 10-Q for the quarterly period ended
December 1, 1996 as set forth below:
A. Part II, Item 6(a) of the Form 10-Q for the quarterly period ended
December 1, 1996 is amended to reflect the filing of an amended
Exhibit 27, "Amended financial data schedule for period ended December
1, 1996."
B. Exhibit 27, "Amended financial data schedule for period ended December
1, 1996" is filed herewith.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
Sloan's Supermarkets, Inc.
By: /s/ John A. Catsimatidis
------------------------
John A. Catsimatidis
Chairman of the Board and
Chief Executive Officer
Dated: July 11, 1997
By: /s/ Mark S. Kassner
-----------------------
Mark S. Kassner
Vice President and
Chief Financial Officer
Dated: July 11, 1997
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
"Amended financial data schedule for period ended December 1, 1996" This
schedule contains the same information as the schedule submitted with the 10-Q
for the period ended December 1, 1996, except for a correction to the NET INCOME
value.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> Mar-02-1997
<PERIOD-START> Mar-04-1996
<PERIOD-END> Dec-01-1996
<CASH> $13,750
<SECURITIES> $0
<RECEIVABLES> $404,330
<ALLOWANCES> $30,000
<INVENTORY> $6,200,553
<CURRENT-ASSETS> $8,163,284
<PP&E> $17,171,793
<DEPRECIATION> $4,130,588
<TOTAL-ASSETS> $22,805,558
<CURRENT-LIABILITIES> $9,714,787
<BONDS> $0
$0
$0
<COMMON> $62,646
<OTHER-SE> $18,248,286
<TOTAL-LIABILITY-AND-EQUITY> $22,805,558
<SALES> $38,681,353
<TOTAL-REVENUES> $38,681,353
<CGS> $23,051,729
<TOTAL-COSTS> $23,051,729
<OTHER-EXPENSES> $14,033,209
<LOSS-PROVISION> $0
<INTEREST-EXPENSE> $539,665
<INCOME-PRETAX> $836,527
<INCOME-TAX> $45,831
<INCOME-CONTINUING> $836,527
<DISCONTINUED> $0
<EXTRAORDINARY> $0
<CHANGES> $0
<NET-INCOME> $790,696
<EPS-PRIMARY> $.25
<EPS-DILUTED> $.25
</TABLE>
