| | Business Summary | | Wellco
Enterprises,
Inc.
is
principally
engaged
in
the
sale
of
military
and
other
rugged
footwear,
the
sale
of
specialized
machinery
and
materials
for
the
manufacture
of
this
type
of
footwear,
and
the
rendering
of
technical
assistance
and
other
services
to
licensees
for
the
manufacture
of
this
type
of
footwear.
The
majority
of
the
Company's
revenues
were
from
sales
to
the
United
States
government,
primarily
the
Defense
Supply
Center
Philadelphia,
under
contracts
for
the
supply
of
boots
used
by
the
United
States
Armed
Forces. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | WLC
manufactures
and
sells
military
combat
boots
under
firm
fixed-price
contracts
with
the
U.S.
government,
and
provides
long-term
licensing
agreements,
technology,
assistance
and
related
services
for
military
and
commercial
footwear.
For
the
39
weeks
ended
3/31/01,
sales
fell
9%
to
$14.3
million.
Net
income
totaled
$830
thousand,
up
from
$405
thousand.
Revenues
reflect
reduced
boot
shipments
to
the
U.S.
government.
Earnings
benefitted
from
improved
operating
efficiencies. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Horace Auberry, 69
Chairman,
CEO | $186K | David Lutz, 56
Pres,
COO, Treasurer | 123K | Rolf Kaufman, 70
Vice
Chairman | -- | Fred Webb, Jr., 40
VP
of Marketing | -- | Sven Oberg, 61
VP-Technical
Director | -- | | Dollar amounts are as of 1-July-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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/w/wlc.gif)