UNITED STATES 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 (Date of earliest event reported): January 8, 2007
(Exact Name of Registrant as specified in its charter)
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Delaware
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1-14987
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31-1333930 |
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(State or other jurisdiction of
incorporation or organization)
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(Commission File No.)
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(IRS Employer Identification
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8323 Walton Parkway
New Albany, Ohio 43054
(614) 775-3500
(Address, including zip code, and telephone number
including area code of Registrants
principal executive offices)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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TABLE OF CONTENTS
Item 7.01 Regulation FD Disclosure.
On January 8, 2007, Tween Brands, Inc. (the Company) issued a press release indicating that
based on the net sales results for the ten week period ended January 6, 2007, it now expects a
comparable store sales increase for the quarter ending February 3, 2007 in the 3% to 4% range
compared to the mid single digit increase previously forecast. Consequently, earnings per diluted
share for the quarter are now predicted to be in the range of $0.85 to $0.88, below the companys
previous guidance of $0.95 to $1.00 per share. A copy of the Companys press release is furnished
as an exhibit to this Form 8-K and is incorporated herein by reference.
The Company will present its financial results for the fourth quarter and year ended February 3,
2007 during a conference call on February 21, 2007 at 9:00 a.m. EST, which will be broadcast via
Internet webcast. Investors can listen to the call through the Companys website,
www.tweenbrands.com.
The information contained or incorporated by reference in this Form 8-K contains various
forward-looking statements specifically related to the companys financial performance for the
fiscal 2006 fourth quarter, within the meaning of the Private Securities Litigation Reform Act of
1995 and other applicable securities laws. Such statements can be identified by the use of the
forward-looking words anticipate, estimate, project, target, believe, intend, plan,
expect, hope, risk, could, pro forma, potential, predict, prospects, outlook, or
similar words. These statements discuss future expectations, contain projections regarding future
developments, operations or financial conditions, or state other forward-looking information. These
forward-looking statements involve various important risks, uncertainties and other factors that
could cause our actual results for the fourth quarter 2006 to differ materially from those
expressed. The following factors, among others, could affect our future financial performance and
cause actual future results to differ materially from those expressed or implied in any
forward-looking statements included in this press release: changes in consumer spending patterns,
consumer preferences and overall economic conditions; decline in the demand for our merchandise;
the impact of competition and pricing; the effectiveness of our brand awareness and marketing
programs; a significant change in the regulatory environment applicable to our business; risks
associated with our sourcing and logistics functions; changes in existing or potential trade
restrictions, duties, tariffs or quotas; currency and exchange risks; availability of suitable
store locations at appropriate terms; ability to develop new merchandise; ability to hire and train
associates; the potential impact of health concerns relating to severe infectious diseases,
particularly on manufacturing operations of our vendors in Asia and elsewhere; acts of terrorism in
the U.S. or worldwide; and other risks that may be described in other reports and filings we make
with the Securities and Exchange Commission. Future economic and industry trends that could
potentially impact revenue and profitability are difficult to predict. Therefore, there can be no
assurance that the forward-looking statements included here will prove to be accurate. The
inclusion of forward-looking statements should not be regarded a representation by us, or any other
person, that our objectives will be achieved. The forward-looking statements made herein are based
on information presently available to us, as the management of the company. We assume no obligation
to publicly update or revise our forward-looking statements even if experience or future changes
make it clear that any projected results expressed or implied therein will not be realized.