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: February 18, 1999
Date of Earliest Event Reported: January 31, 1999
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
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ITEM 5: OTHER EVENTS
Post-Merger Financial Results
Dollar Tree Stores, Inc. is filing summary income statement data for the month
ended January 31, 1999. All figures reflect the merger between Dollar Tree and
Step Ahead Investments, Inc. on December 10, 1998, which was accounted for as a
pooling-of-interests. The income statement data for the month ended January 31,
1999 is derived from Dollar Tree's unaudited consolidated financial statements.
For the Month Ended
(In thousands) January 31, 1999
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Net sales $58,892
Net income $595
Because of rules pertaining to pooling-of-interests accounting, we are
publishing 30 days of post-merger financial results for the combined company.
This is the first time that we have published a single month's results, and we
do not intend to continue publishing monthly results. Because the release of
this one-time information is so unusual, management cautions that fluctuations
in monthly results are not necessarily the same as the trends that would be
evident in quarterly reporting, just as the seasonal variation inherent in
quarterly results is not necessarily apparent in annual results.
For example, we have historically experienced, and expect to continue to
experience, seasonal fluctuations with a significant percentage of our net sales
and net income being realized in the fourth quarter. In addition, our quarterly
results can be affected by the timing of store openings and closings, the amount
of net sales contributed by new and existing stores and the timing of certain
holidays.
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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: February 18, 1999
DOLLAR TREE STORES, INC.
By: /s/ Frederick C. Coble
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Frederick C. Coble
Senior Vice President, CFO
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