| Business Summary | | Emerging
Vision,
Inc.
is
one
of
the
largest
chains
of
retail
optical
stores
and
the
second
largest
franchise
optical
chain
in
the
United
States,
based
upon
domestic
sales
and
the
number
of
locations
of
Company-owned
and
franchised
stores.
The
Company,
during
the
fiscal
year
2000,
also
initiated
the
development
of
an
Internet-based
portal
business
intended
to
supply
a
comprehensive
supply-chain
solution
for
manufacturers,
distributors
and
retailers
in
the
optical
industry.
The
development
activities
were
ceased
by
the
Company,
and
the
operations
discontinued. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Emerging
Vision,
Inc.
develops
and
operates
retail
optical
stores
and
also
operates
an
Internet-based
portal
supplying
manufactures,
distributors
and
retailers
in
the
optical
industry.
For
the
three
months
ended
3/31/01,
revenues
fell
16%
to
$5.5
million.
Net
loss
from
continuing
operations
applicable
to
Common
fell
99%
to
$41
thousand.
Revenues
reflect
a
reduced
number
of
stores
in
operation.
Lower
loss
reflects
the
absence
of
a
$29.2
million
preferred
dividend. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Hillman Chairman,
CEO | -- | Michael McGeeney, 56 Pres | -- | Alan Cohen, 50 Vice-Chairman | $262K | George Papadopoulos, 29 CFO,
Sr. VP, Sec., Treasurer | -- | Nicholas Shashati, 41 Pres
- VisionCare of California | -- | Dollar amounts are as of 31-Dec-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
|
|