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Home > Company Index > Retail > Home Furnishing & Housewares Retailing > Jennifer Convertibles, Inc.

Jennifer Convertibles, Inc.
OTC: JENN
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 PROFILE
Houseguests can get a good night of sleep with Jennifer Convertibles. The company has more than 160 Jennifer Convertibles stores (about 100 are licensed) throughout the US, selling sofa beds, loveseats, and chairs. The company also runs 16 stores that specialize in leather furniture (under the banner Jennifer Leather). The stores offer name-brand products as well as the company's private-label Bellissimo Collection leather furniture. The firm buys more than 75% of its products from Klaussner Furniture, which owns a 20% stake in Jennifer Convertibles. Fred Love, who owns 25 Jennifer Convertible stores and is a brother-in-law of CEO Harley Greenfield, owns about 10% of Jennifer Convertibles.

 COMPETITION
Ethan Allen Interiors Inc. (ETH)
Haverty Furniture Companies, Inc. (HVT)
Krause's Furniture, Inc. (KFI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: August
2000 Sales (mil.): 123.70
1-Yr. Sales Growth: 13.2%
Employees: 429
Revenue per employee: $288,344.99

 KEY PEOPLE
• Harley J. Greenfield
    CEO
• Rami Abada
    CFO

 CONTACT INFO
419 Crossways Park Dr.
Woodbury, NY 11797
US
Phone: 516-496-1900
Fax: 516-496-8380
Online: Web Site

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