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): August 7, 2003 Watts Industries, Inc. (Exact name of Registrant as specified in its charter) Delaware 1-11499 04-2916536 (State or other jurisdiction (Commission File (I.R.S. Employer of incorporation) Number) Identification No.) 815 Chestnut Street North Andover, MA 01845 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (978) 688-1811 ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibits. 99.1 Press Release dated August 7, 2003. ITEM 12. Results of Operations and Financial Condition (a) On August 7, 2003, Watts Industries, Inc. issued a press release announcing its results of operations for the quarter ended June 30, 2003. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference. SIGNATURES 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. WATTS INDUSTRIES, INC. Date: August 7, 2003 By: /s/ William C. McCartney -------------------------------- William C. McCartney Chief Financial Officer