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) N/A
--------------------------
Heilig-Meyers Company
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Virginia 1-8484 54-0558861
- ---------------------------- ----------- -------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) file number) Identification No.)
12560 West Creek Parkway, Richmond, Virginia 23238
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (804) 784-7300
--------------------------
N/A
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
- ---------------------
On September 8, 1998, Heilig-Meyers Company (the "Company") issued a
press release reporting August sales, which is attached hereto as Exhibit 99 and
is incorporated herein by reference.
Item 7. Financial Statements and Exhibits
- ------------------------------------------
(c) Exhibits
--------
The following exhibit is filed as a part of this report:
Exhibit 99 - Press Release dated September 8, 1998.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
HEILIG-MEYERS COMPANY
Date: September 9, 1998 By: /s/ Roy B. Goodman
---------------------------------
Roy B. Goodman
Senior Vice President,
Principal Financial Officer
<PAGE>
Exhibit Index
Exhibit
No. Description
- --- -----------
99 Press Release dated September 8, 1998
EXHIBIT 99
HEILIG-MEYERS COMPANY REPORTS AUGUST SALES
Richmond, Va., Sept. 8 -- Heilig-Meyers Company reported consolidated
sales for the month ended August 31, 1998, of approximately $207.5 million, 5.6%
ahead of sales of $196.5 million in the prior year month. Comparable store sales
for the month of August decreased approximately 2.1%.
For the six months ended August 31, 1998, the Company reported
consolidated sales of approximately $1.2 billion, 18.5% ahead of sales of $1.0
billion in the prior year period. Comparable store sales for the six-month
period increased approximately 3.1%.
Management noted that sales for the second quarter ended August 31,
were slightly behind plan. It was also noted, that sales and margin shortfalls
associated with the Company's repositioning of its Rhodes division were likely
to result in earnings modestly below that of the prior year quarter.
Heilig-Meyers Company is the nation's largest retailer of furniture,
bedding and related items. As of August 31, 1998, the Company operated 1,246
stores: 815 as Heilig-Meyers, 229 as Mattress Discounters, 101 as Rhodes, 69 as
The RoomStore and 32 in Puerto Rico as Berrios.
