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Home > Company Index > Diversified Services > Consumer Services > Midas, Inc.

Midas, Inc.
NYSE: MDS
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 NEWS FROM THE STANDARD
Nasdaq's Great Leap Forward
Apr 07 2000 03:47 PM PDT

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Jan 31 2000 12:00 AM PST

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Jan 17 2000 12:00 AM PST

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May 13 1999 12:00 AM PDT

Letters
Apr 12 1999 12:00 AM PDT

 PROFILE
Business is exhausting at Midas. The muffler king oversees more than 2,700 muffler installation shops worldwide (2,000 in the US and Canada), almost all of them franchised or licensed, and makes more than 1,800 types of mufflers. The company is freshening up its drive-in repair shops, adding a number of automotive services (oil changes, air conditioning repair, wheel alignment) designed to bring customers in more frequently. Midas also makes products under the IPC brand and sells them through distributors, and it resells other automotive products and makes auto shop equipment under the Huth name. Midas Realty acquires and constructs its store sites. Pepsi bottler Whitman spun off Midas in 1998.

 COMPETITION
GKN plc (GKNLF)
Monro Muffler Brake, Inc. (MNRO)
The Pep Boys - Manny, Moe & Jack (PBY)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 346.00
1-Yr. Sales Growth: (2.7)%
Employees: 1,400
Revenue per employee: $247,142.86

 KEY PEOPLE
• Wendel H. Province
    CEO
• William M. Guzik
    CFO

 CONTACT INFO
1300 Arlington Heights Rd.
Itasca, IL 60143
US
Phone: 630-438-3000
Fax: 800-621-4562
Online: Web Site

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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