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):
March 1, 1997
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PROFFITT'S, INC.
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(Exact name of registrant as specified in its Charter)
TENNESSEE
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(State or other jurisdiction of incorporation)
0-15907 62-0331040
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(Commission File Number (IRS Employer
Identification No.)
P.O. Box 200080, Jackson, Mississippi 39289
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(Address of principal executive offices) (Zip code)
(601) 968-4400
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(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS.
Proffitt's, Inc. (the "Company") combined its business with G.R.
Herberger's, Inc. ("Herberger's") on February 1, 1997, immediately
before 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.
Four Weeks Ended
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Net sales $ 141,834 $ 99,037
Net income (loss) $ 529 $ (2,206)
For the month, total net sales increased 43% over the prior year.
Comparable store sales increased 3% over last year. The current
year end income is an improvement of $2,735 over the net loss 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
Herberger's.
SIGNATURES
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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.
Registrant: PROFFITT'S, INC.
Date: April 1, 1997 By: /s/ Douglas E.
Coltharp
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Douglas E. Coltharp
Executive Vice President
and Chief Financial Officer
