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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Home Furnishings > Krause's Furniture, Inc.

Krause's Furniture, Inc.
AMEX: KFI
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 PROFILE
Couch potatoes who need a custom fit can go to Krause's Furniture. The company operates about 90 furniture showrooms in 13 states under the names Krause's Custom Crafted Furniture, Krause's Sofas, and Castro Convertibles (mostly in the New York City area). About half of its showrooms are in California; its other locations are scattered across the US. Krause's makes made-to-order sofas, recliners, sectionals, sofa beds, and chairs, using a selection of some 1,000 fabrics and leathers. Krause's Castro Design unit makes furniture for institutional customers such as retirement homes, hotels, and colleges. TH Lee.Putnam Internet Partners owns 25% of the company; GE Capital owns 16%. Krause's filed Chapter 11 in July 2001.

 COMPETITION
Ethan Allen Interiors Inc. (ETH)
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La-Z-Boy Incorporated (LZB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 155.30
1-Yr. Sales Growth: 19.1%
Employees: 1,054
Revenue per employee: $147,343.45

 KEY PEOPLE
• Philip M. Hawley
    CEO
• Robert A. Burton
    CFO

 CONTACT INFO
200 N. Berry St.
Brea, CA 92821
US
Phone: 714-990-3100
Fax: 714-990-2057
Online: Web Site

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