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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): March 26, 1998
TESSCO Technologies Incorporated
(Exact name of registrant as specified in its charter)
Delaware 0-24746 52-0729657
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
11126 McCormick Road, Hunt Valley, MD 21031
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (410) 229-1000
Not applicable
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(Former name or former address, if changed since last report)
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Item 8 Change in Fiscal Year.
The Board of Directors of the Company has determined (as of March 26, 1998)
to change the Company's fiscal year. Before this change, the fiscal year of
the Company has been a period of 52 or 53 weeks ending on the close of
business on the Friday falling on or between March 26 and April 1. Because
the Company's natural accounting and business week ends on Sunday rather
than on Friday, the Company's Board of Directors has determined that it is
in the best interest of the Company to conform the end of the Company's
fiscal year to this natural weekly accounting and business cycle.
Accordingly, effective as of the fiscal year ending in 1998 and for each
fiscal year thereafter, the fiscal year of the Company will be the period
of 52 or 53 weeks ending on and including the Sunday falling on or between
March 26 and April 1 of such year. In particular, the most recent fiscal
year of the Company includes the 52-week period beginning Monday, March 31,
1997 and ending on the close of business on Sunday, March 29, 1998. This
change will be reflected in the Company's Annual Report on Form 10-K for
the fiscal year ended March 29, 1998. The results of operations and cash
flows for the two-days transition period immediately following the
Company's last fiscal year ended March 28, 1997 (i.e., the two days ended
March 30, 1997), which are expected to be immaterial, will be reported in
the Company's Annual Report on Form 10-K for the fiscal year ended March
29, 1998.
SIGNATURE
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.
TESSCO Technologies Incorporated
Date: April 9, 1998 By: /s/ Gerald T. Garland
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Gerald T. Garland
Chief Financial Officer and Treasurer