| Business Summary | | National
Home
Centers,
Inc.
(NHC)
is
a
retailer
of
home
improvement
products
and
building
materials
with
an
established
core
market
primarily
in
Arkansas,
but
including
Oklahoma
and
Missouri.
The
Company
operates
large
building
supply
operations
serving
both
retail
consumers
and
professional
contractors.
The
Company
operates
a
building
supply
operations
and
its
first
store
served
primarily
professional
contractors.
Today,
the
Company
operates
seven
contractor
sales
locations
and
one
appliance
sales
warehouse
in
the
State
of
Arkansas.
The
Company
operates
its
stores
in
four
Arkansas
markets:
Northwest
Arkansas
(2
stores);
Little
Rock
(3);
Russellville
(2);
and
Fort
Smith
(1).
NHC
also
operates
fabrication
facilities
for
value-added
conversion
products
such
as
countertops,
pre-hung
door
units,
and
window
units. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | National
Home
Centers
is
a
retailer
of
home
improvement
products
and
building
materials.
NHCI
operates
large
home
center
superstores
coupled
with
complete
building
supply
operations.
For
the
six
months
ended
7/31/01,
net
sales
increased
8%
to
$56.7
million.
Net
income
totaled
$1.3
million,
up
from
$576
thousand.
Revenues
reflect
an
increase
in
comparable
store
sales.
Net
income
also
reflects
decreased
operating
expenses
as
a
percentage
of
revenues. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
31,559;
after
tax
earnings
were
1,127. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Dwain Newman, 67 Chairman
and CEO | $85K | Danny Funderburg, 55 Pres
and COO | 150K | Brent Hanby, 37 CFO,
Exec. VP, Director | 106K | Roger Holman, 54 Sr.
VP, Purchasing/Marketing | 106K | John Collins, 42 VP,
Merchandising and Store Planning | -- | Dollar amounts are as of 31-Jan-2001 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
|
|