DOLLAR TREE STORES INC
8-K, 1998-07-16
VARIETY STORES
Previous: HARRINGTON FINANCIAL GROUP INC, 4, 1998-07-16
Next: PROLOGIC MANAGEMENT SYSTEMS INC, 8-K, 1998-07-16



                                    FORM 8-K


                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549




                                 CURRENT REPORT
                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


                          Date of Report: July 16, 1998

                 Date of Earliest Event Reported: June 29, 1998


                            DOLLAR TREE STORES, INC.
             (Exact name of registrant as specified in its charter)

                         COMMISSION FILE NUMBER: 0-25464

                      VIRGINIA                      54-1387365
             (State or other jurisdiction of     (I.R.S. Employer
             incorporation or organization)     Identification No.)

                                500 Volvo Parkway
                              Chesapeake, VA 23320
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (757) 321-5000




<PAGE>



ITEM 5: OTHER EVENTS

On June 4, 1998, Dollar Tree issued a press release announcing that its Board of
Directors  had  approved a 50%  common  stock  dividend,  having the effect of a
3-for-2  stock split.  The new shares were  distributed  on June 29,  1998,  for
shareholders  of record as of the close of business on June 22, 1998. The number
of shares of common stock of the company  outstanding  immediately  prior to the
dividend  was  39,377,430.  The  number  of such  shares  outstanding  after the
dividend was 59,066,037.




<PAGE>



                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) 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.

DATE:



                             DOLLAR TREE STORES, INC.



                             By: /s/ H. Ray Compton
                                  -----------------------------------
                                  H. Ray Compton
                                  Executive Vice President, Secretary


<PAGE>

                                  PRESS RELEASE


DOLLAR TREE STORES, INC. ANNOUNCES 50% STOCK DIVIDEND HAVING THE EFFECT
OF A 3-for-2 STOCK SPLIT


CHESAPEAKE,  Virginia -- June 4, 1998 -- Dollar  Tree  Stores,  Inc.  (OTC:DLTR)
announced  that its Board of  Directors  approved a 50% common  stock  dividend,
having the effect of a 3-for-2 stock split.  The new shares will be  distributed
on June 29, 1998, for shareholders of record as of the close of business on June
22, 1998.

The announcement was made at the Company's Annual Meeting of
Shareholders held today in Chesapeake, Virginia. In addition,
shareholders reelected H. Ray Compton, John F. Megrue and Alan L.
Wurtzel to the Board of Directors.

Dollar Tree Stores,  Inc. is a leading  discount  variety store chain offering a
wide assortment of quality  everyday  general  merchandise,  in many traditional
variety store categories,  at the $1.00 price point. Dollar Tree Stores operates
924 stores in 27 states as of March 31,  1998,  having  opened 39 new stores and
closed two stores in the first quarter.


CONTACT:          Dollar Tree Stores, Inc., Chesapeake
                  Ray Compton or Eric Coble, 757/321-5000





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission