THIS CONFORMING PAPER FORMAT DOCUMENT IS BEING SUBMITTED PURSUANT TO
RULE 901(D) OF REGULATION S-T
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): May 10, 1995
THE STROBER ORGANIZATION, INC.
(Exact Name of Registrant)
Delaware 0-15339 11-2822910
- - - - - ---------------------------- ---------- ----------
(State or other jurisdiction Commission IRS Employer
of incorporation) File Number Identification No.
550 Hamilton Avenue, Brooklyn, New York 11232
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (718) 832-1212
________________________________N/A__________________________________
(Former name or former address, if changed since last report.)
This Report contains a total of 6 pages.
<PAGE>
Item 5. Other Events. On May 10, 1995, the Registrant issued a
Press Release, the text of which is attached hereto as
Exhibit 10(a)(a).
Item 7. Financial Statements and Exhibits.
(c) Exhibits
Exhibit Page Where
Number Description Located
------ ----------- ----------
10(a)(a) Press Release dated May 10, 5
1995 announcing First Quarter
1995 Results
<PAGE>
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 thereto duly authorized.
THE STROBER ORGANIZATION, INC.
By:/s/ David Polishook
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DAVID POLISHOOK, Chief Financial Officer
<PAGE>
THE STROBER ORGANIZATION, INC.
Exhibit Index
to
Form 8-K Current Report
Exhibit Page Where
Number Description Located
------- ----------- ----------
10(a)(a) Press Release dated May 10, 5
1995 announcing First Quarter
1995 Results
<PAGE>
FOR: THE STROBER ORGANIZATION, INC.
550 Hamilton ave., Brooklyn, New York 11232
FROM: David Polishook, Chief Financial Officer
(718) 832-1212
THE STROBER ORGANIZATION, INC. REPORTS
FIRST QUARTER 1995 EARNINGS
FOR IMMEDIATE RELEASE
Brooklyn, New York, May 10, 1994--The Strober Organization, Inc.
(NASDAQ:STRB), a leading supplier of building materials to
professional contractors from 10 centers in New York, New Jersey,
Connecticut and Pennsylvania today announced results for the first
quarter ended March 31, 1995.
The Company reports first quarter net income of $239,000 or 5
cents per share compared to a net loss of $631,000 or 12 cents per
share in the first quarter of 1994. First quarter 1995 sales
increased $7,710,000 (38%) to $28,167,000.
Mr. Robert J. Gaites, Chairman and Chief Executive Officer
commented, "The winter months are traditionally our slowest period of
sales activity, however, this winter we experienced much milder
weather conditions compared to the winter of 1994. It gives me great
pleasure to announce the Company's return to profitability during the
first quarter of our fiscal year, an event last achieved in 1989.
Although I do not expect the Company to maintain the same level of
sales growth achieved in our first quarter throughout the year, I do
remain cautiously optimistic that the Company will continue to achieve
overall sales and earnings growth in 1995".
<PAGE>
The Strober Organization, Inc.-Financial Highlights
(In thousands, except per share data)
For the Three Month Period Ended
--------------------------------
3/31/95 3/31/94
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Net Sales $ 28,167 $ 20,457
Net income (loss) before income taxes 404 (971)
Net income (loss) 239 a. (631)
Net income (loss) per share .05 (.12)
Weighted average number of shares
outstanding 5,205 5,163
a. includes a $340,000 income tax benefit.
