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: December 21, 1995
Date of Earliest Event Reported: December 18, 1995
TANDYCRAFTS, INC.
A DELAWARE CORPORATION
1-7258 75-1475224
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(Commission File Number) (IRS Employer Identification No.)
1400 Everman Parkway
Fort Worth, Texas 76140
(817) 551-9600
ITEM 5. OTHER EVENTS
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(a) On December 18, 1995, Registrant issued a press release
announcing that Sheldon I. Stein had been named to the
Tandycrafts, Inc. Board of Directors.
(b) On December 20, 1995, Registrant issued a press release
announcing the implementation of a strategic restructuring and
consolidation program for which the Company expects to take an
after-tax charge in its second fiscal quarter ending December 31,
1995 of up to $14.3 million.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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(c) Exhibits.
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Exhibit
Number Description
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99.1 Copy of press release announcing that Sheldon I.
Stein had been named to the Tandycrafts, Inc.
Board of Directors.
99.2 Copy of press release announcing the
implementation of a strategic restructuring
program and expected second quarter charge to
income.
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 of the
undersigned thereunto duly authorized.
TANDYCRAFTS, INC.
Date: December 21, 1995 By:/s/ Jerry L. Roy
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Jerry L. Roy
President
Date: December 21, 1995 By:/s/ Michael J. Walsh
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Michael J. Walsh
Chief Financial Officer