| Business Summary | | Too
Inc.
is
a
specialty
retailer
that
sells
apparel,
underwear,
sleepwear,
swimwear,
lifestyle
and
personal
care
products
for
girls
ages
seven
to
14
years.
The
Company
designs,
sources
and
markets
products
under
the
proprietary
Limited
Too
brand
name.
Prior
to
the
August,
1999
Spin-off,
the
Company
was
a
wholly
owned
subsidiary
of
The
Limited,
Inc.
The
Company
designs
its
stores
to
provide
a
theme
park
destination
in
the
mall
and
to
encourage
customers
to
touch
and
sample
its
products.
All
of
the
Company's
stores
contain
a
variety
of
merchandise
for
a
one-stop
shopping
experience
and
have
been
designed
to
embody
a
store-for-her
theme.
Too's
stores
feature
colorful
storefront
windows,
light
displays,
photographic
sticker
booths,
ear
piercing
stations,
gumball
machines
and
photographs.
All
stores
opened
or
remodeled
since
mid-1997
are
under
the
Girl
Power
format. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Too,
Inc.
is
a
specialty
retailer
that
sells
apparel
underwear,
sleepwear,
swimwear,
lifestyle
and
personal
care
products
for
young
girls.
For
the
26
weeks
ended
8/4/01,
net
sales
rose
15%
to
$262.1
million.
Net
income
rose
32%
to
$6.7
million.
Revenues
reflect
an
increase
in
square
footage.
Higher
income
also
reflects
improved
gross
margins
and
lower
general,
administrative
and
store
operating
expenses
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Michael Rayden, 52 Chairman,
CEO, Pres | $5.3M | Kent Kleeberger, 49 CFO,
Exec. VP of Logistics and Systems, Sec., Treasurer, Di | 583K | Sally Boyer, 40 Exec.
VP, Planning, Allocation, and Merchant Operations | 660K | Ronald Sykes, 59 Sr.
VP of HR | -- | Paula Damaso Sr. VP and Gen. Merchandise Mang. | -- | Dollar
amounts are as of 3-Feb-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
|
|