srcl-8k_20200605.htm

Delaware

1-37556

36-3640402

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification Number)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each

class

Trading

Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01

SRCL

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Stericycle, Inc. (Nasdaq: SRCL) (the “Company”) today announced its updated timeline for the deployment of its enterprise resource planning (“ERP”) system.

The Company had previously expected to complete the North American deployment of its ERP system in 2020. In view of the impacts of COVID-19, the Company now expects to defer the North American implementation of the ERP system until the first half of 2021. The Company will continue to maintain and tune the planned ERP system and data throughout 2020. Focused preparation and employee training will resume in the fourth quarter of 2020 in anticipation of deployment.

Stericycle remains committed to implementation of the ERP system. As the COVID-19 pandemic unfolded in the United States during the first quarter of 2020, the Company benefited from its previously deployed enterprise platforms, including its purchase order system deployed in North America in late 2018 and the global implementation of a human capital management system deployed in January 2020. These systems supported management’s COVID-19 response efforts.

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 thereunto duly authorized.



Dated: June 5, 2020		Stericycle, Inc.

	By:		/s/ Janet H. Zelenka


			Janet H. Zelenka
			Executive Vice President and Chief Financial Officer

Document and Entity Information	Jun. 05, 2020
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Jun. 05, 2020
Entity Registrant Name	Stericycle, Inc.
Entity Central Index Key	0000861878
Entity Emerging Growth Company	false
Entity File Number	1-37556
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	36-3640402
Entity Address, Address Line One	2355 Waukegan Road
Entity Address City Or Town	Bannockburn
Entity Address State Or Province	IL
Entity Address Postal Zip Code	60015
City Area Code	847
Local Phone Number	367-5910
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of each class	Common Stock, par value $0.01
Trading Symbol	SRCL
Name of each exchange on which registered	NASDAQ

Document and Entity Information

Jun. 05, 2020

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Jun. 05, 2020

Entity Registrant Name

Stericycle, Inc.

Entity Central Index Key