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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) August 26, 1998
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LEAR CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-11311 13-3386776
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
21557 Telegraph Road
Southfield, Michigan 48086-5008
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(Address of principal executive offices) (zip code)
(248) 447-1500
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(Telephone number, including
area code, of agent for service)
No Change
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(Former name or former address,
if changes since last report)
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ITEM 5. OTHER EVENTS
On August 24, 1998, Lear Corporation (the "Company") reported that its
third quarter 1998 earnings per share will be adversely affected due to the
impact of work stoppages at General Motors plants.
Earnings per share for the quarter ending September 26, 1998, have been
adversely affected by approximately $.21 per share due to these work stoppages.
Based upon this customer's current production schedule for the remainder of
calendar 1998, the Company believes there is a limited potential for recovery
of a significant portion of this amount.
This contains forward-looking statements within the meaning of the Private
securities Litigation Reform Act of 1995. Actual results may differ materially
from the anticipated results as a result of certain risks and uncertainties,
including, but not limited to, general economic conditions in the vehicles for
which the Company is a supplier, labor disputes involving the Company or its
significant customers, risks associated with conducting business in foreign
countries and other risks detailed from time to time in the Company's
Securities and Exchange Commission filings.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
A. Financial Statements
Not Applicable.
B. Exhibits
None
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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.
LEAR CORPORATION
Donald J. Stebbins
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Donald J. Stebbins
Senior Vice President and
Chief Financial Officer
August 26, 1998
