| Business Summary | | Harvey
Electronics,
Inc.
is
engaged
in
the
retail
sale,
service
and
custom
installation
of
audio,
video
and
home
theater
equipment.
The
equipment
includes
high-fidelity
components
and
systems,
videocassette
recorders
(VCR),
digital
versatile
disc
(DVD)
players,
high-definition
television
(HDTV),
direct
view
projection
and
plasma
flat-screen
television
sets,
audio/video
furniture,
digital
satellite
systems,
conventional
telephones
and
related
accessories.
The
Company
is
engaged
in
this
business
in
the
New
York
Metropolitan
area
and
operates
six
Harvey
specialty
retail
stores
and
two
Bang
&
Olufsen
branded
stores. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Harvey
Electronics,
Inc.
is
a
specialty
retailer
of
high
quality
audio/video
consumer
electronics
and
home
theater
products
in
the
Metropolitan
New
York
area.
For
the
26
weeks
ended
4/28/01,
total
revenues
increased
12%
to
$20.7
million.
Net
income
applicable
to
Common
fell
78%
to
$138
thousand.
Results
reflect
the
opening
of
the
new
Bang
and
Olufsen
store
and
increases
in
custom
installation
projects,
partially
offset
by
increased
corporate
and
pre-opening
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Recca, 50 Chairman | $123K | Franklin Karp, 47 Pres | 198K | Joseph Calabrese, Jr., 41 CFO,
Exec. VP, Sec., Treasurer, Director | 174K | Michael Beck, 41 VP
of Operations | 159K | Roland Hiemer, 39 Director
of Inventory Control | -- | Dollar amounts are as of 28-Oct-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
|
|