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Home > Company Index > Consumer Products-Durables  > Home Furnishings > LADD Furniture, Inc.

LADD Furniture, Inc.
 PROFILE
LADD Furniture wants you to sit on it -- its sofas, chairs, and love seats, that is. LADD, a subsidiary of La-Z-Boy, makes wood and upholstered furniture. The company has three units: case goods (tables, desks, and beds under names such as American Drew and Pennsylvania House), upholstered furniture (sofas and chairs under brands that include Barclay and Clayton Marcus), and contract sales (hotels, dorms, health care facilities, and government agencies, through American of Martinsville). LADD's products, including lines designed or endorsed by Bill Blass, Bob Mackie, yachtsman Dennis Conner, and the NBA's Grant Hill, fall in the low- and medium-priced ranges. La-Z-Boy bought LADD in 2000.

 COMPETITION
Bassett Furniture Industries, Incorporated (BSET)
Ethan Allen Interiors Inc. (ETH)
Furniture Brands International, Inc. (FBN)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 571.10
1-Yr. Sales Growth: 8.7%
Employees: 6,500
Revenue per employee: $87,861.54

 KEY PEOPLE
• Donald L. Mitchell
    CEO
• Louis M. Riccio
    CFO

 CONTACT INFO
4620 Grandover Pkwy.
Greensboro, NC 27407
US
Phone: 336-294-5233
Fax: 336-315-4380
Online: Web Site

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