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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): April 3, 2000
WESTPOINT STEVENS INC.
(Exact Name of Registrant as Specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
0-21496 36-3498354
(Commission File Numbers) (I.R.S. Employer Identification Nos.)
507 WEST TENTH STREET 31833
WEST POINT, GEORGIA
(Address of Principal Executive Offices) (Zip Code)
(706) 645-4000
(Registrants' Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
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NY2:\896680\01\J7VS01!.DOC\80765.0025
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Item 5. Other Events.
On April 3, 2000, WestPoint Stevens Inc. released a press release
announcing that its Annual Meeting of Stockholders, scheduled to be
held on May 10, 2000, has been postponed in order to prepare for a
Special Meeting of Stockholders to be scheduled at a later date. At the
Special Meeting, WestPoint's stockholders will consider and vote on a
proposal to adopt and approve the Plan of Recapitalization previously
announced by WestPoint on March 24, 2000. WestPoint also announced that
its Annual Report on Form 10-K has been filed with the Securities and
Exchange Commission and is available free of charge upon request. In
addition, WestPoint announced that its 1999 Annual Report to
Shareholders will be distributed to its stockholders during the fourth
week of April.
Item 7. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired
Not applicable.
(b) Pro Forma Financial Information
Not applicable.
(c) Exhibits
Exhibit No. Exhibit
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99.1 Press Release dated April 3, 2000
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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 thereunto duly authorized.
WESTPOINT STEVENS INC.
(Registrant)
By: /s/ Christopher N. Zodrow
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Date: April 5, 2000 Christopher N. Zodrow
Vice President and Secretary
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EXHIBIT INDEX
Exhibit No. Exhibit
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99.1 Press Release dated April 3, 2000
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Exhibit 99.1
Financial Contact: David C. Meek Media Contact: Toni M. Cauble
Chief Financial Officer VP - Public Relations
706.645.4322 706.645.4879
WESTPOINT STEVENS INC. POSTPONES ANNUAL MEETING
WEST POINT, GEORGIA (April 3, 2000) -- WestPoint Stevens Inc. (NYSE:WXS) today
announced that the Company's Annual Meeting of Stockholders, scheduled to be
held May 10, 2000, has been postponed in order to prepare for a Special Meeting
of Stockholders to be scheduled at a later date. At the Special Meeting, the
stockholders will consider and vote on a proposal to adopt and approve the Plan
of Recapitalization previously announced by the Company on March 24, 2000. The
Company also announced that its Annual Report on Form 10-K has been filed with
the Securities and Exchange Commission and is available free of charge upon
request to WestPoint Stevens, Public Relations Department, 507 West Tenth
Street, West Point, Georgia 31833 or by calling 706.645.4122. The Company
further announced that its 1999 Annual Report to Shareholders will be
distributed to its stockholders during the fourth week of April.
WestPoint Stevens Inc. is a home fashions consumer products marketing company,
with a comprehensive line of Company-owned and licensed brands for the bedroom
and bathroom. The Company is vertically integrated and is the nation's leading
manufacturer and marketer of bed linens, towels, comforters and other
accessories that are sold in retail outlets throughout the world. WestPoint
Stevens' home fashions consumer products are marketed under the well-known brand
names of GRAND PATRICIAN, PATRICIAN, MARTEX, UTICA, STEVENS, LADY PEPPERELL and
VELLUX, and under licensed labels including RALPH LAUREN HOME COLLECTION,
SANDERSON, DESIGNERS GUILD, ESPRIT, JOE BOXER and SERTA PERFECT SLEEPER.
WestPoint Stevens can be found on the World Wide Web at
www.westpointstevens.com.
Safe Harbor Statement: Except for historical information contained herein, the
matters set forth in this press release and forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended, and are
subject to the safe harbor provisions of that Act. The forward-looking
statements set forth above involve a number of risks and uncertainties that
could cause actual results to differ materially from any such statements. These
risks and uncertainties, and assumptions concerning the Company's future
operations and performance, could prove inaccurate and, therefore, there can be
no assurance that the forward-looking statements will prove to be accurate.
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