| | Business Summary | | May
Department
Stores
Company
operates
eight
regional
department
store
companies
nationwide
under
11
trade
names.
May
also
operates
David's
Bridal,
Inc.,
which
is
the
United
States'
largest
retailer
of
bridal
gowns
and
bridal-related
merchandise.
At
fiscal
year-end
2000,
May
operated
427
department
stores
and
123
David's
Bridal
stores
in
43
states,
the
District
of
Columbia
and
Puerto
Rico.
The
Company
operates
Lord
&
Taylor
department
stores;
Hecht's
and
Strawbridge's;
Foley's;
Robinsons-May;
Kaufmann's;
Meier
&
Frank;
and
David's
Bridal. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | MAY
operates
regional
department
store
companies
nationwide
with
a
total
of
427
department
stores
and
123
David's
Bridal
stores
in
43
states
and
the
District
of
Columbia.
For
the
26
weeks
ended
8/4/01,
total
revenues
rose
2%
to
$6.33
billion.
Net
income
fell
14%
to
$220
million.
Revenues
reflect
the
opening
of
additional
stores.
Net
income
was
offset
by
increased
S/G/A
expenses
as
a
percentage
of
revenues
due
to
higher
payroll
costs. Recent Earnings Announcement
For
the
13
weeks
ended
08/04/2001,
revenues
were
3,173;
after
tax
earnings
were
111. (Preliminary; reported in millions of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Eugene Kahn, 50
Chairman,
CEO | $2.5M | -- | John Dunham, 53
Pres,
Director | 1.1M | -- | Richard Bennet, III, 47
Vice
Chairman | -- | -- | William McNamara, 49
Vice
Chairman | -- | -- | Anthony Torcasio, 54
Vice
Chairman | 1.5M | $213K | | Dollar amounts are as of 29-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/may.gif)