| Business Summary | | Hughes
Supply,
Inc.
is
a
diversified
wholesale
distributor
of
construction
and
industrial
materials,
equipment
and
supplies
to
commercial
construction,
residential
construction,
industrial
and
public
infrastructure
markets
in
North
America.
The
Company
distributes
over
240,000
products,
built
around
five
broad
product
categories,
through
447
branches
and
eight
central
distribution
centers
located
in
34
states
and
Mexico.
The
Company's
principal
customers
are
electrical,
plumbing,
mechanical,
fire
protection
and
underground
utility
contractors,
electric
utility
customers,
property
management
and
property
development
companies,
municipalities
and
government
agencies,
industrial
companies
and
telecommunication
companies.
Industrial
companies
include
companies
in
the
petrochemical,
food
and
beverage,
pulp
and
paper,
mining,
pharmaceutical
and
marine
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HUG
is
a
diversified
wholesale
distributor
of
materials,
equipment
and
supplies
for
the
construction
and
industrial
markets
operating
primarily
in
the
southeastern,
southwestern
and
midwestern
United
States.
For
the
26
weeks
ended
7/31/01,
revenues
decreased
7%
to
$1.58
billion.
Net
income
decreased
43%
to
$21.1
million.
Revenues
reflect
decreased
same-store
sales.
Earnings
also
reflect
increased
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Hughes, 56 Chairman
and CEO | $976K | Thomas Morgan Pres,
COO, Director | -- | Tom Starnes Sr. VP of Sales and Marketing | -- | John Steele VP-Operations | -- | Vincent Hughes, 59 VP | -- | Dollar
amounts are as of 29-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|