SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
March 2, 1996
PROFFITT'S, INC.
(Exact name of registrant as specified in its charter)
TENNESSEE
(State or other jurisdiction of incorporation)
0-15907 62-0331040
(Commission File Number) (IRS Employer Identification No.)
P.O. Box 9388
Alcoa, TN 37701
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(423) 983-7000
Item 5. Other Events.
Proffitt's, Inc. combined its business with Younkers, Inc. on
February 3, 1996, the Company's fiscal year end. The transaction
was accounted for as a pooling of interests. Current and prior
year numbers below reflect the business combination.
<TABLE>
<CAPTION>
Four Weeks Ended
March 2, February 25,
1996 1995
(in thousands)
<S> <C> <C>
Net Sales $84,734 $76,996
Net loss $(1,185) $(4,434)
</TABLE>
For the month, sales increased 6.2% over the prior year. The
Company historically has generated a loss in the month of February
but has recorded a profit for the first quarter. The current year
loss is an improvement of $3,249 over last year.
The above information is being released in order to comply with the
provisions of the Company's Agreement and Plan of Merger with
Younkers, Inc.
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 hereto duly authorized.
PROFFITT'S INC.
Date: April 1, 1996 /s/ R. Brad Martin
R. Brad Martin
(Printed)
Chairman of the Board
and Chief Executive
Officer
(Title)
