-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DL1cyEFXanI1jJKyWcxROTR2CAIcxeKWv7uvCT/n5ZtSX74ppzEauK+nID2eUhR1 XTXGaEgPrcCWOIkQiLAP6w== 0000003333-00-000016.txt : 20000307 0000003333-00-000016.hdr.sgml : 20000307 ACCESSION NUMBER: 0000003333-00-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000203 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALBERTSONS INC /DE/ CENTRAL INDEX KEY: 0000003333 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 820184434 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-06187 FILM NUMBER: 561143 BUSINESS ADDRESS: STREET 1: 250 PARKCENTER BLVD STREET 2: P O BOX 20 CITY: BOISE STATE: ID ZIP: 83726 BUSINESS PHONE: 2083956200 MAIL ADDRESS: STREET 1: 250 PARKCENTER BLVD STREET 2: P O BOX 20 CITY: BOISE STATE: ID ZIP: 83726 8-K 1 PRELIMINARY SALES RELEASE SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: March 3, 2000 Commission file number 1-6187 ALBERTSON'S, INC. ------------------------------------------------------- (Exact name of Registrant as specified in its Charter) Delaware 82-0184434 ------------------------- -------------------------------- (State of Incorporation) (Employer Identification Number) 250 Parkcenter Boulevard, P.O. Box 20, Boise, Idaho 83726 --------------------------------------------------- -------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (208) 395-6200 -------------- Item 5. Other Events. On March 2, 2000, Albertson's, Inc. issued its press release reporting preliminary unaudited sales for the fifty-three week year ended February 3, 2000, and fourteen-week quarter ended February 3, 2000, and confirming earnings guidance, which is attached hereto as Exhibit 99.1. Item 7. Financial Statements and Exhibits. Correction is made to the following statement under the heading "Quarterly Financial Data" on page 39 of the Albertson's, Inc. Consolidated Financial Statements filed as exhibit 99 to the Current Report on Form 8-K filed on September 22, 1999 (the September 1999 8-K). In the September 1999 8-K, Albertson's, Inc. reported that fourth quarter 1998 operating results included a pre-tax merger related stock option charge of $195.3 million ($0.28 per share, after tax) related to the exercisibility of 6.4 million equivalent limited stock appreciation rights due to the approval by ASC's stockholders of the Merger Agreement. The after-tax effect of the stock option charge should have been $0.31 per share. Exhibit No. Description 99.1 Press Release dated March 2, 2000 SIGNATURE Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, Albertson's, Inc. has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ALBERTSON'S, INC. ----------------- (Registrant) Date: March 3, 2000 /S/ A. Craig Olson - ---------------------- ---------------------------- A. Craig Olson Executive Vice President, Chief Financial Officer Index to Exhibits Filed with the Current Report on Form 8-K Dated March 3, 2000 Exhibit No. Description 99.1 Press Release dated March 2, 2000 EX-99.1 2 PRESS RELEASE DATED MARCH 2, 2000 Exhibit 99.1 FOR IMMEDIATE RELEASE ALBERTSON'S, INC. REPORTS PRELIMINARY SALES AND CONFIRMS EARNINGS GUIDANCE Albertson's, Inc. (NYSE:ABS) preliminary unaudited sales for the fifty-three week year ended February 3, 2000, reached $37.5 billion, an increase of 4.5% over the fifty-two weeks last year. Total sales for the year increased 5.4% when compared on a fifty-two week basis to the prior year and excluding sales from divested stores from both years. Preliminary unaudited sales for the fourteen-week quarter ended February 3, 2000, totaled $9.9 billion, an increase of 5.7% over the thirteen weeks last year. Total sales increased 4.5% when compared on a thirteen-week basis to the same quarter last year and excluding sales from divested stores from both quarters. On a comparable fourteen-week basis, identical store sales increased 2.4% and comparable store sales (which include replacement stores) increased 2.8%. "We are pleased with our increased sales momentum and the progress we have made in integrating the operations of American Stores," said Gary Michael, Chairman and CEO of Albertson's, Inc. "We have restored our tracking and projection systems and our merger-related synergies, or cost savings, continue to exceed our original expectations. Consequently, we remain comfortable with consensus earnings estimates (which exclude merger related costs) of $0.70 per share for the fourth quarter." Sales and earnings results for the Company's fourth quarter and fiscal year ended February 3, 2000, will be released after the New York Stock Exchange closes on March 14, 2000. Albertson's, Inc. is one of the largest retail food and drug chains in the United States. Based in Boise, Idaho, the Company currently operates almost 2,500 retail stores in 37 states across the United States. This release contains statements that are forward looking. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause actual results to differ from those set forth in the forward-looking information can be found in the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-Q. * * * * * * * * * * CONTACT: Albertson's, Inc., Boise, Idaho Investor Relations A. Craig Olson 208/395-6284 Renee Bergquist 208/395-6622 Media Relations 208/395-6392 -----END PRIVACY-ENHANCED MESSAGE-----