UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)of the Securities Act of 1934
Date of Report (Date of earliest event reported): May 13, 1997
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FAMILY BARGAIN CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-16309 51-0299573
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(State of (Commission (IRS Employer
Incorporation) File Number) Identification
Number)
4000 Ruffin Road, San Diego, CA 92123
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(Address of principal executive offices) (Zip code)
Registrant's telephone number: (619) 627-1800
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ITEM 4 - CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On May 8, 1997, the Registrant simultaneously dismissed its independent
auditors, KPMG Peat Marwick LLP ("KPMG"), and engaged Arthur Andersen LLP
as its new independent auditors.
KPMG had served as the independent auditors of the Registrant since February
1994 and as the independent auditors for General Textiles, a wholly owned
subsidiary of the Registrant, since 1988. KPMG had issued unqualified
independent auditors' reports related to its audits of the consolidated
financial statements of the Registrant for the each of the fiscal years ended
January 28, 1995, January 27, 1996 and February 1, 1997.
There were no disagreements between the Registrant and KPMG with respect to
accounting principles or practices, financial statement disclosure, auditing
scope or procedure.
The change in independent auditors was approved by the audit committee of the
Registrant's Board of Directors prior to the change and is subject to
shareholder approval.
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 hereunto duly authorized.
FAMILY BARGAIN CORPORATION
Date: May 13, 1997 By: /s/ James M. Baker
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Name: James M. Baker
Title: Treasurer
(duly authorized officer and
principal accounting officer)
