SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended May 2, 1998
Commission File No. 1-11722
CHIC BY H.I.S, INC.
(Exact name of registrant as specified in its charter)
Delaware 13-3494627
(State of Incorporation) (I.R.S. Employer
Identification No.)
1372 Broadway, New York, New York 10018
(Address of principal executive offices) (Zip Code)
(212) 302-6400
Registrant's telephone number,
including area code
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes [X] No
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
Shares
Date Class Outstanding
June 10, 1998 Common Stock, $.01 Par Value 10,020,093
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.
CHIC BY H.I.S, INC.
Dated: August 4, 1998 By: /s/ Daniel Rubin
Daniel Rubin
Chief Executive Officer
Dated: August 4, 1998 By: /s/ Christine A. Hadjigeorge
Christine A. Hadjigeorge
Chief Financial Officer
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheet and the consolidated statement of operations as filed
as part of the quarterly report on Form 10-Q and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-1-1997
<PERIOD-END> MAY-2-1998
<CASH> 5,214
<SECURITIES> 0
<RECEIVABLES> 34,049
<ALLOWANCES> 174
<INVENTORY> 72,193
<CURRENT-ASSETS> 121,536
<PP&E> 105,909
<DEPRECIATION> 49,202
<TOTAL-ASSETS> 185,849
<CURRENT-LIABILITIES> 70,598
<BONDS> 27,020
0
0
<COMMON> 99
<OTHER-SE> 67,362
<TOTAL-LIABILITY-AND-EQUITY> 185,849
<SALES> 133,072
<TOTAL-REVENUES> 134,333
<CGS> 101,729
<TOTAL-COSTS> 29,060
<OTHER-EXPENSES> 24,125
<LOSS-PROVISION> 87
<INTEREST-EXPENSE> 1,987
<INCOME-PRETAX> (23,759)
<INCOME-TAX> (3,270)
<INCOME-CONTINUING> (21,687)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (21,687)
<EPS-BASIC> (2.18)
<EPS-DILUTED> (2.18)
</TABLE>