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): November 21, 1997
THE WARNACO GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-4715 95-4032739
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
90 Park Avenue
New York, New York 10016
(Address of Principal Executive Offices)(Zip Code)
Registrant's telephone number, including area code: (212) 661-1300
(Former name or former address, if changed since last report):
Exhibit Index Appears on Page 4. Page 1 of 5 pages
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ITEM 5. Other Events
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On November 21, 1997, The Warnaco Group, Inc., a Delaware corporation
("Warnaco") issued a press release (the "Press Release") announcing that its
Board of Directors had approved a 12.5% increase in the regular quarterly
cash dividend to $0.09 per share on its Class A Common Stock, par value $0.01
per share, from $0.08 per share. The dividend will be payable on January 6,
1998 to shareholders of record on December 5, 1997. The Press Release is
attached hereto as Exhibit 99.1 and incorporated by reference herein.
Exhibit No. Description
- ----------- -----------
99.1 Press Release dated November 21, 1997.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
THE WARNACO GROUP, INC.
By: /s/ STANLEY P. SILVERSTEIN
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Its: Vice President, General Counsel and Secretary
Date: November 21, 1997
<PAGE>
EXHIBIT INDEX
Exhibit No. Description Page No.
- ----------- ----------- --------
99.1 Press Release dated November 21, 1997. 5
CONTACT: Linda J. Wachner Lawrence A. Rand
212-370-8204 Kekst and Company
212-521-4800
William S. Finkelstein
212-370-8287
FOR IMMEDIATE RELEASE
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WARNACO INCREASES QUARTERLY DIVIDEND
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NEW YORK, NEW YORK, November 21, 1997 -- The Warnaco Group, Inc. today
announced its Board of Directors has approved a 12.5% increase in the regular
quarterly cash dividend to $0.09 per share from $0.08 per share. The
dividend will be payable on January 6, 1998 to shareholders of record on
December 5, 1997. The increase in the quarterly dividend reflects Warnaco's
continued strong performance, solid financial position and the Board's
confidence in the Company's future growth.
The Warnaco Group, Inc., headquartered in New York, is a leading manufacturer
of intimate apparel, menswear and accessories sold under such brand names as
Werner's (Registered Trademark), Olga (Registered Trademark), Valentino
Intimo (Registered Trademark), Fruit of the Loom (Registered Trademark) bras,
Van Raalte (Registered Trademark), Lejaby (Registered Trademark),
Bodyslimmers (Registered Trademark), Chaps by Ralph Lauren (Registered
Trademark), Calvin Klein (Registered Trademark) men's underwear and
accessories and women's intimate apparel and Catalina (Registered Trademark)
men's sportswear.
