-----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, Gmxpvl13DckqbkMN+1GDuko5P+9aQwwEKMPMmEcN9ROoZxby2f27oK3X/t2nurnv B0CNXgkWEqMwPFDdZDoknw== 0000717724-97-000001.txt : 19970124 0000717724-97-000001.hdr.sgml : 19970124 ACCESSION NUMBER: 0000717724-97-000001 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960727 FILED AS OF DATE: 19970123 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: DRESS BARN INC CENTRAL INDEX KEY: 0000717724 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 060812960 STATE OF INCORPORATION: CT FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-11736 FILM NUMBER: 97509644 BUSINESS ADDRESS: STREET 1: 30 DUNNIGAN DRIVE CITY: SUFFERN STATE: NY ZIP: 10901 BUSINESS PHONE: 9143694600 MAIL ADDRESS: STREET 1: 30 DUNNIGAN DRIVE CITY: SUFFERN STATE: NY ZIP: 10901 10-K/A 1 INCLUDE TYPED NAME OF CERTIFIED PUBLIC ACCOUNTANTS SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) For the fiscal year ended July 27,1996 OR [ ] TRANSITIONAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) Commission file number 0-11736 THE DRESS BARN, INC. (Exact name of registrant as specified in its charter) Connecticut 06-0812960 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 30 Dunnigan Drive, Suffern, New York 10901 (Address of principal executive offices) Zip Code Registrant's telephone number, including area code: (914) 369-4500 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Common Stock - par value $.05 per share Section 12(g) of the Act: (Title of Class) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in the definitive proxy incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K Yes No X Page 1 of Cover Page As of October 18, 1996, 22,634,083 shares of common shares were outstanding. The aggregate market value of the common shares (based upon the closing price on October 17, 1996 on the NASDAQ) of The Dress Barn, Inc. held by non-affiliates was approximately $80,965,000. For the purposes of such calculation, all outstanding shares of Common Stock have been considered held by non-affiliates, other than the 6,890,610 shares beneficially owned by Directors and Officers of the registrant. In making such calculation, the registrant does not determine the affiliate or non-affiliate status of any shares for any other purpose. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's Proxy Statement for the Annual Meeting of Shareholders to be held on December 16, 1996 are incorporated into Parts I and III of this Form 10-K. Page 2 of Cover Page SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. The Dress Barn, Inc. by /s/ ELLIOT S. JAFFE Elliot S. Jaffe Chairman of the Board Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. Signature Title Date /s/ ELLIOT S. JAFFE Elliot S. Jaffe Chairman of the Board and 1/23/97 Chief Executive Officer (Principal Executive Officer) /s/ ROSLYN S. JAFFE Roslyn S. Jaffe Director and Secretary and Treasurer 1/23/97 /s/ BURT STEINBERG Burt Steinberg Director and President 1/23/97 and Chief Operating Officer /s/ KLAUS EPPLER Klaus Eppler Director 1/23/97 /s/ DONALD JONAS Donald Jonas Director 1/23/97 /s/ MARK S. HANDLER Mark S. Handler Director 1/23/97 /s/ EDWARD D. SOLOMON Edward D. Solomon Director 1/23/97 /s/ ARMAND CORREIA Armand Correia Chief Financial Officer (Principal 1/23/97 Financial and Accounting Officer) INDEPENDENT AUDITORS' REPORT Board of Directors and Shareholders The Dress Barn, Inc. Suffern, New York We have audited the accompanying consolidated balance sheets of The Dress Barn, Inc. and subsidiaries as of July 27, 1996 and July 29, 1995, and the related consolidated statements of earnings, shareholders' equity, and cash flows for each of the three years in the period ended July 27, 1996. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of The Dress Barn, Inc. and subsidiaries as of July 27, 1996 and July 29, 1995, and the results of their operations and their cash flows for each of the three years in the period ended July 27, 1996, in conformity with generally accepted accounting principles. Deloitte & Touche LLP Stamford, Connecticut September 20, 1996 EXHIBIT 24 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in registration statement Nos. 33-16857 and 33-17488 (on Form S-8) and 33-16856 (on Form S-3) of our report, dated September 20, 1996 on the consolidated financial statements of The Dress Barn, Inc. and subsidiaries in the Annual Report on Form 10-K for the year ended July 27, 1996. Deloitte & Touche LLP Stamford, Connecticut September 20, 1996 -----END PRIVACY-ENHANCED MESSAGE-----