SUPERIOR INDUSTRIES INTERNATIONAL, INC. (NYSE:SUP) Files An 8-K Results of Operations and Financial Condition
Item2.02 Results of Operations and Financial Condition
On March2, 2017, Superior Industries International, Inc.
(Superior) issued a press release announcing the results of
operations for the fourth quarter and year ended December25, 2016
and reaffirmed Superiors outlook for fiscal year 2017 (the Press
Release). A copy of the Press Release is furnished as Exhibit
99.1 to this report and is incorporated herein by reference.
Following the issuance of the Press Release, Superior hosted an
earnings call in which its financial results and outlook were
discussed. The investor presentation materials used for such call
are furnished as Exhibit 99.2 to this report and is incorporated
herein by reference.
The information contained in Exhibits 99.1 and 99.2 shall not be
deemed filed for purposes of Section18 of the Securities Exchange
Act of 1934, as amended (the Exchange Act), or incorporated by
reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set
forth by specific reference in such a filing.
This Current Report on Form 8-K contains statements that are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include all statements that do not relate solely to
historical or current facts and can generally be identified by
the use of future dates or words such as may, should, could,
will, expects, seeks to, anticipates, plans, believes, estimates,
intends, predicts, projects, potential or continue or the
negative of such terms and other comparable terminology. These
statements also include, but are not limited to, the 2017
outlook, and Superiors strategic and operational initiatives, and
are based on current expectations, estimates, and projections
about Superiors business based, in part, on assumptions made by
management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict. Therefore, actual outcomes and results
may differ materially from what is expressed or forecasted in
such forward-looking statements due to numerous factors, risks
and uncertainties discussed in the Superiors Securities and
Exchange Commission filings and reports, including Superiors 2015
Annual Report on Form 10-K for the year-ended December27, 2015,
Quarterly Reports on Form 10-Q and other reports from time to
time filed with the Securities and Exchange Commission. You are
cautioned not to unduly rely on such forward looking statements
when evaluating the information presented in this report. Such
forward-looking statements speak only as of the date on which
they are made and Superior does not undertake any obligation to
update any forward-looking statement to reflect events or
circumstances after the date of this report.
Item9.01 Financial Statements and Exhibits
(d) Exhibits:
|
Exhibit Number |
Exhibit Description |
|
| 99.1 |
Press Release, dated March 2, 2017, as issued by Superior Industries International, Inc. announcing results of operations for the fourth quarter of 2016, furnished herewith. |
|
| 99.2 |
Investor Presentation, dated March 2, 2017, furnished herewith. |
About SUPERIOR INDUSTRIES INTERNATIONAL, INC. (NYSE:SUP)
Superior Industries International, Inc. is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs). The Company supplies cast aluminum wheels to automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico. The Company offers wheels in a range of finishes, which include Bright Machined, Polished Face with Painted Window, Fully Painted, Premium Paint, Polished, Chrome Clad and Mirror Finish Ultra Bright Machining. The Company’s products, which are manufactured in its North American facilities, are delivered primarily to automotive assembly operations in North America for global OEMs. Its OEM aluminum wheels are primarily sold for factory installation, as either optional or standard equipment, on various vehicle models. As of December 31, 2015, the Company operated five manufacturing facilities in the United States and Mexico. SUPERIOR INDUSTRIES INTERNATIONAL, INC. (NYSE:SUP) Recent Trading Information
SUPERIOR INDUSTRIES INTERNATIONAL, INC. (NYSE:SUP) closed its last trading session up +2.75 at 26.65 with 342,187 shares trading hands.