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): September 15, 2003
CANDIE'S, INC.
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(Exact name of Registrant as specified in its charter)
DELAWARE 001-10593 11-2481903
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
215 West 40th Street, New York, NY 10018
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 730-0030
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(Former name or former address, if changed since last report)
Item 12. Results of Operations and Financial Conndition.
On September 15, 2003 Candie's, Inc. (the "Company") issued a
press release announcing its results of operations for the fiscal quarter and
six months ended July 31, 2003. A copy of the press release is attached hereto
as Exhibit 99.1 and is incorporated herein by reference.
The press release includes certain non-GAAP financial measures
for the periods presented with respect to "operating loss (income) before
special charges" and "comparable licensing income" and a qualitative
reconciliation of the non-GAAP financial measures to the most directly
comparable GAAP financial measures. Management of the Company has chosen to
provide the non-GAAP information in the press release because it believes that
it provides a meaningful comparison of the Company's operating performance and
licensing income for the periods presented. The non-GAAP financial measures
should not be considered in isolation or as a substitution for measures of
financial performance prepared in accordance with GAAP.
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 thereunto duly authorized.
CANDIE'S, INC.
(Registrant)
By:/s/Richard Danderline
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Richard Danderline
Executive Vice President,
- Finance and Operations
Date: September 19, 2003