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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bakers Footwear Grp. (MM) | NASDAQ:BKRS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.00 | 0 | 01:00:00 |
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): December 12, 2007
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Bakers Footwear Group, Inc. |
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(Exact Name of Registrant as Specified in Charter) |
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Missouri |
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000-50563 |
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43-0577980 |
(State or Other
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(Commission
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(I.R.S. Employer
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2815 Scott Avenue
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63103 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrants telephone number, including area code:
(314) 621-0699
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)) |
Item 2.02. Results of Operations and Financial Condition.
On December 12, 2007, Bakers Footwear Group, Inc. (the Company) issued a press release announcing expected financial results for the third quarter and thirty nine weeks ended November 8, 2007 and the termination of an operating lease. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated by reference herein. The description of the press release contained herein is qualified in its entirety by the full text of such exhibit.
Item 7.01. Regulation FD Disclosure.
The information set forth under Item 2.02 is incorporated herein by reference.
Item 8.01. Other Events.
On December 12, 2007, the Company issued a press release announcing that on December 11, 2007, it had entered into an agreement to terminate a below market operating lease that was originally scheduled to expire in 2022, in exchange for a $5,050,000 cash payment on December 11, 2007, and the right to continue occupying the space through January 8, 2009. The Company used the net proceeds of approximately $5.0 million to reduce the balance on its revolving credit facility. The Company does not believe that it has any other operating leases that could be terminated on substantially similar terms.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. See Exhibit Index.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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BAKERS FOOTWEAR GROUP, INC. |
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Date: December 14, 2007 |
By: |
/s/ Lawrence L. Spanley, Jr. |
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Lawrence L. Spanley, Jr.
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EXHIBIT INDEX
Exhibit No. |
Description of Exhibit |
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99.1 |
Press release dated December 12, 2007. |
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1 Year Bakers Footwear Chart |
1 Month Bakers Footwear Chart |
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