U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of Report (Date of earliest event reported): December
30, 1997
REAL GOODS TRADING CORPORATION
(Exact name of registrant as specified in its charter)
California 0-22524 68-0227324
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) ID Number)
555 Leslie Street, Ukiah, CA 95482
(Address of principal executive offices) (Zip code)
Registrant's telephone number (707) 468-9292
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Contact: Donna Montag, Chief Financial Officer
(707) 468-9292
FOR IMMEDIATE RELEASE
REAL GOODS IMPLEMENTS RETAIL EXPANSION PLANS
EXPECTS LOWER EARNINGS
Ukiah, California, 30 December...Real Goods Trading Corporation
(RGTC) today reported that, despite the successful launch of it
first urban demonstration store in Berkeley, California, the
Company expects to report lower operating results for the third
quarter of fiscal 1998 ending December 27, 1997 and for fiscal
1998 ending March 31, 1998.
The Company experienced very strong sales in the month of
December both at the new Berkeley store and through the Company's
Real Goods and Earth Care catalogs, according to the Company's
President, John Schaeffer. The Company expects to report a
profit in the third fiscal quarter, but operating results will be
below the $0.10 earnings per share of the previous year's third
quarter. The lower profits will be due to higher catalog marketing
expenses in the third quarter, and non-recurring retail start up
costs in connection with the opening of the Berkeley store. The
Company generally operates at a loss in the seasonally weak fourth
quarter; therefore the Company is likely to report a small net
loss for the fiscal year ending March 31, 1998.
Real Goods Trading Corporation specializes in products for solar
living and renewable energy through its catalogs and retail
stores. The Real Goods and Earth Care catalogs are available at
1.800.762.7325. The Company believes that it is the largest
retailer of renewable energy and conservation products in the
world. The Company's stock is publicly traded and listed on the
Pacific Stock Exchange (RGT) and on the Nasdaq (RGTC), and its
shares can be traded on the Internet on the Company's web page
(http://www.realgoods.com).
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Item 5. Other events
The Registrant hereby incorporates by reference the information
contained in Attachment A hereto in response to this Item 5.
SIGNATURES
Pursuant to the requirements on 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.
REAL GOODS TRADING CORPORATION
(Registrant)
Date: December 30, 1997 By:[S]DONNA MONTAG
Donna Montag
Chief Financial Officer