8-KOther Events

UNITED PARCEL SERVICE INC 8-K Report (Feb 4, 2004)

Filed February 4, 2004For Securities:UPS

Summary

United Parcel Service, Inc. (UPS) filed an 8-K report on February 3, 2004, to disclose information regarding its financial results for the fourth quarter and fiscal year ended December 31, 2003. The primary purpose of this filing was to attach a press release issued on January 29, 2004, which provided these operational and financial updates. Investors should note that the press release contains non-GAAP financial information. UPS stated that this non-GAAP data is presented to enable investors to make meaningful comparisons of the company's performance between 2002 and 2003. While these results are being disclosed, they are explicitly stated as not being "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, nor are they incorporated by reference into other SEC filings unless specifically noted.

Key Highlights

  • 1UPS filed an 8-K on February 3, 2004, reporting on its Q4 and full fiscal year 2003 results.
  • 2The filing primarily serves to attach a press release dated January 29, 2004.
  • 3The press release contains information on UPS's results of operations for the quarter and fiscal year ending December 31, 2003.
  • 4UPS is providing non-GAAP financial information in the press release.
  • 5The company believes the non-GAAP information facilitates meaningful comparisons between 2002 and 2003 results.
  • 6Information presented in the press release is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially submit a press release issued by UPS on January 29, 2004, which contains the company's financial results for the fourth quarter and the full fiscal year ended December 31, 2003.

The press release includes financial information about UPS's results of operations. Notably, it presents non-GAAP financial information, which the company believes is useful for investors to compare performance between 2002 and 2003.

No, the filing explicitly states that the information contained in the press release shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. It also clarifies that it will not be incorporated by reference into other SEC filings unless specifically stated in such filings.

The 8-K filing was signed by D. Scott Davis, who held the title of Senior Vice President, Chief Financial Officer, and Treasurer at the time.