SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): September 29, 1995
NS GROUP, INC.
(Exact name of registrant as specified in its charter)
Kentucky 1-9838 61-0985936
(State or other (Commission (IRS Employer
jurisdiction of File No.) I.D. Number)
incorporation)
Ninth & Lowell Streets, Newport, Kentucky 41072
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(606) 292-6809
Item 5. Other Events
On September 29, 1995, the Registrant issued
a press release announcing that it expects to
incur a loss before extraordinary charge for
its fiscal 1995 fourth quarter ending
September 30, 1995. A copy of such press
release is filed as Exhibit 99 hereto and
incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits
(c) Exhibits
99. Press release dated September 29,
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 hereunto
duly authorized.
NS Group, Inc.
(Registrant)
By: /s/John R. Parker
John R. Parker
Vice President and
Treasurer, Principal
Financial Officer
Date: October 9, 1995
EXHIBIT 99
NS GROUP, INC. (Company Logo Here)
FOR IMMEDIATE RELEASE -- September 29, 1995
Contact: Clifford R. Borland
President and Chief Executive Officer
NS Group, Inc.
(606) 292-6809
Newport, Kentucky -- NS Group, Inc. announced today
that it expects to incur a loss before extraordinary
charge for its fiscal 1995 fourth quarter ending
September 30, 1995. The expected operating results will
be substantially below analysts' published estimates.
C. R. Borland, President and Chief Executive Officer
commented "While the tubular markets have remained
generally favorable, we incurred numerous unexpected
operational problems in the fourth quarter, principally
at our welded tubular facilities at Newport. Production
efficiencies and volume at Newport were impacted by a
number of unplanned equipment outages, as well as
difficulties encountered in starting up new equipment.
As a result, production costs and shipments in the
fourth quarter are being negatively impacted. In
addition, extraordinary weather conditions in August
affected productivity and resulted in numerous power
curtailments at both of our steel companies."
NS Group, Inc. is a holding company that owns four
operating subsidiaries: Newport Steel Corporation, a
manufacturer of welded tubular steel products and hot
rolled coils; Koppel Steel Corporation, a manufacturer
of seamless tubular steel products, special bar quality
products and semifinished products; Erlanger Tubular
Corporation, a processor of tubular products; and
Imperial Adhesives, Inc., a manufacturer of industrial
adhesives products. NS Group, Inc.'s common stock
(symbol: NSS) is traded on the New York Stock Exchange.
