Business Context and Reporting Period
Company: U-Store-It Trust (Cubesmart)
Filing Type: Form 8-K (Current Report)
Report Date: February 26, 2010
Event Date: February 25, 2010
Reporting Period: Quarter and year ended December 31, 2009
This filing announces the financial results for the fourth quarter and full year 2009. The detailed financial data is contained in the earnings press release furnished as Exhibit 99.1, which is referenced but not included in the text of this 8-K.
Key Financial Metrics
The text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are disclosed in the attached Exhibit 99.1 (Earnings Press Release).
Material Changes
No specific material changes versus prior periods are detailed in the body of this filing. The filing serves as a notification that results for the period ended December 31, 2009, have been announced.
Guidance, Outlook, and Risks
Forward-Looking Statements: The Company notes that Exhibit 99.1 may contain forward-looking statements based on management's views and assumptions. Actual results may differ materially from those expressed or implied.
Risks: Factors that could cause actual results to differ are contained in the Company's other SEC filings.
Regulation FD: The information in this report and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Earnings Press Release) for specific revenue, net income, and FFO figures for Q4 and FY 2009.
- Verify occupancy rates and same-store net operating income trends in the attached press release.
- Check subsequent SEC filings for detailed risk factors affecting forward-looking statements.
- Confirm the status of any debt maturities or liquidity positions mentioned in the full earnings release.