DOLLAR TREE STORES INC
8-K, 1999-08-18
VARIETY STORES
Previous: DOLLAR TREE STORES INC, S-3, 1999-08-18
Next: DIAMOND MULTIMEDIA SYSTEMS INC, DEFR14A, 1999-08-18



                                    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: August 18, 1999

                Date of Earliest Event Reported: July 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




<PAGE>


ITEM 5: OTHER EVENTS

Post-Merger Financial Results

Dollar Tree Stores,  Inc. is filing summary income  statement data for the month
ended July 31, 1999.  All figures  reflect the merger between Dollar Tree and
Tehan's Merchandising, Inc. on June 30, 1999, which was accounted for as a
pooling of interests.  The income statement data for the month ended July 31,
1999 is derived from Dollar Tree's unaudited consolidated financial statements.

                                      For the Month Ended
                  (In thousands)         July 31, 1999
                 ----------------------------------------

                 Net sales                  $89,151
                 Net income                 $ 4,492

Because  of  rules  pertaining  to  pooling-of-interests   accounting,   we  are
publishing 30 days of post-merger financial results for the combined company. We
do not intend to continue  publishing  monthly  results.  Because the release of
this type of 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.


<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: August 18, 1999


                            DOLLAR TREE STORES, INC.



                           By: /s/ Frederick C. Coble
                              ---------------------------------------------
                              Frederick C. Coble
                              Senior Vice President, CFO


<PAGE>


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