| Business Summary | | Royal
Appliance
Mfg.
Co.
develops,
assembles
and
markets
a
full
line
of
cleaning
products
for
home
and
some
for
commercial
use,
primarily
in
North
America
under
the
Dirt
Devil
and
Royal
brand
names.
The
Company
sells
a
full
line
of
plastic
and
metal
vacuum
cleaners.
Its
Dirt
Devil
vacuum
cleaners
are
intended
for
home
use
while
the
metal
vacuum
cleaners
are
intended
for
home
and
commercial
use.
Royal
also
sells
accessories,
carpet
and
upholstery
cleaning
solutions,
attachments,
refurbished
cleaners
and
replacement
parts
for
each
of
its
product
lines.
The
Company's
biggest
customers
are
WalMart,
Kmart
and
Target. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RAM
develops,
assembles
and
markets
a
full
line
of
cleaning
products
for
home
and
commercial
use
under
the
Dirt
Devil(R)
and
Royal(R)
brand
names.
For
the
six
months
ended
6/30/01,
net
sales
fell
less
than
1%
to
$185
million.
Net
income
totaled
$1.5
million
vs.
a
loss
of
$425
thousand.
Revenues
reflect
lower
shipments
of
certain
other
specialty
floorcare
products.
Earnings
benefited
from
the
Company's
decision
to
lower
media
spending
and
cooperative
advertising. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| R. Louis Schneeberger, 46 Chairman | -- | Michael Merriman, 44 Pres,
CEO, Director | $433K | Richard Vasek, 36 CFO,
VP of Fin. and Sec. | 187K | Richard Farone, 37 Exec.
VP of Sales and Marketing and Engineering | 156K | T. Keith Moone, 45 VP
-- Sales | 188K | 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
|
|