HECHINGER CO
8-K, 1994-10-06
LUMBER & OTHER BUILDING MATERIALS DEALERS
Previous: GENERAL PUBLIC UTILITIES CORP /PA/, 35-CERT, 1994-10-06
Next: JACOBS ENGINEERING GROUP INC /DE/, 8-K/A, 1994-10-06



<PAGE>   1
                      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



              DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):


                               OCTOBER 6, 1994
                               ---------------
                                      
                              HECHINGER COMPANY
                              -----------------
            (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

      DELAWARE                     0-7214                   52-1001530 
- -----------------------------------------------------------------------------
  (STATE OR OTHER               (COMMISSION              (I.R.S. EMPLOYER
   JURISDICTION OF               FILE NUMBER)             IDENTIFICATION
   INCORPORATION)                                            NUMBER)



                        3500 PENNSY DRIVE
                           LANDOVER, MD                       20785
                        -----------------                     -----
            (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)       (ZIP CODE)


                                (301) 341-1000
                               ---------------
             (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)






<PAGE>   2








ITEM 5.   OTHER EVENTS.

          On October 6, 1994, Hechinger Company (the "Company")
reported sales information for September 1994.  A copy of the press
release announcing the September 1994 sales information is attached as
Exhibit 99 hereto and is incorporated herein by reference.

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

(C)  Exhibits.

Exhibit No.

     99   Press release dated October 6, 1994.

















<PAGE>   3

                                      
                                  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 hereunto duly authorized.




                                     Hechinger Company




                                     By:  /S/ W. CLARK McCLELLAND   
                                          -----------------------------
                                          W. Clark McClelland
                                          Executive Vice President and
                                            Chief Financial Officer



Date: October 6, 1994     





                                      2

<PAGE>   4


                                EXHIBIT INDEX


<TABLE>
<CAPTION>
Exhibit                                                       Sequential
  No.                   Description                              Page
- -------                 -----------                           ----------
  <S>               <C>
  99                Press release dated October 6, 1994
</TABLE>





















                                      3

<PAGE>   1
[HECHINGER LOGO]

                                                                 EXHIBIT 99


For Immediate Release                         Contact:
Thursday, October 6, 1994                     Richard S. Gross
                                              Corporate Controller
                                              (301) 341-0443



                  HECHINGER COMPANY REPORTS SEPTEMBER SALES


<TABLE>
<CAPTION>
                                         Sales                     Total            Comparable
                                     Month Ending                  Sales            Store Sales
(Sales in millions)             10/1/94         10/2/93          % Change           % Change
                                -------         -------          --------           --------
<S>                              <C>             <C>               <C>                <C>

Hechinger Stores                 $108.7          $111.2            (2) %              (3) %

Home Quarters Warehouse           142.7            97.6            46  %               0  %
                                 ------          ------

Total Hechinger Company          $251.4          $208.8            20  %              (2) %
</TABLE>


     Comparable store sales results for September 1994 were up against strong
increases for September of last year for Hechinger Stores and Home Quarters
Warehouse of 12% and 10%, respectively.

     On September 1 of this year, Home Quarters Warehouse opened new stores in
Newport News and Virginia Beach, Virginia, which replaced smaller, older units.
New Home Quarters Warehouse stores in Grand Rapids, Michigan and Bridgeton,
Missouri are planned to open in late October.

     Hechinger Company (NASDAQ-NMS: HECHA and HECHB) is a leading specialty
retailer, currently operating 131 home center stores: 72 Hechinger stores and 59
Home Quarters Warehouse stores in 23 states and the District of Columbia.  The
Company serves the growing home improvement industry through two operating
subsidiaries: Hechinger Stores Company and Home Quarters Warehouse, Inc.


                                   # # # # #



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission