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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > CD Warehouse, Inc.

CD Warehouse, Inc.
Nasdaq (SC): CDWI
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 NEWS FROM THE STANDARD
Virgin Has Liftoff With Online Megastore
May 07 1999 12:00 AM PDT

News Briefs
Dec 21 1998 12:00 AM PST

 PROFILE
Tired of relivin' "La Vida Loca"? Maybe CD Warehouse can take that Ricky Martin CD off your hands. CD Warehouse franchises and owns music stores that sell, trade, and buy new and used CDs. The company sells through about 310 stores (CD Warehouse, Disc Go Round, CD Exchange, and Music Trader). CD Warehouse's stores are located in 37 US states, Canada, the UK, France, Guatemala, and Venezuela. Most stores are in strip shopping centers and offer between 10,000 and 16,000 CDs. More than 50% of sales are from used CDs; the company also sells DVDs, posters, and t-shirts. Stores acquire much of their inventory by purchasing or trading with customers for used CDs. Former CEO Jerry Grizzle owns about 8% of the company.

 COMPETITION
Best Buy Co., Inc. (BBY)
MTS, Incorporated (dossier)
Wherehouse Entertainment, Inc. (dossier)

 DEALS
Deal: CD Warehouse Partners With Half.com
Date Announced: 04.13.00
Value of transaction (US $Mil): 0
Description: Offline and online preowned music retailer signs Half.com as exclusive online third-party selling partner.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 31.50
1-Yr. Sales Growth: (1.3)%
Employees: 305
Revenue per employee: $103,278.69

 KEY PEOPLE
• Christopher M. Salyer
    CEO
• Doyle E. Motley
    CFO

 CONTACT INFO
1204 Sovereign Row
Oklahoma City, OK 73108
US
Phone: 405-949-2422
Fax: 405-949-2566
Online: Web Site

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