| Business Summary | | The
Fortress
Group,
Inc.
is
a
national
homebuilding
company
engaged
in
designing,
building
and
selling
single
family
homes
in
the
metropolitan
areas
surrounding
a
diversified
group
of
cities
in
the
United
States.
The
Company
targets
a
diverse
range
of
market
segments
including
the
first-time,
entry-level
buyer,
move-up
buyer
and
luxury
homebuyer.
The
Company
markets
a
wide
range
of
single
family
detached
and
attached
homes
ranging
in
size
from
1,000
to
6,000
square
feet
at
prices
ranging
generally
from
$90,000
to
$700,000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Fortress
Group,
Inc.
is
a
national
homebuilding
company
engaged
in
designing,
building
and
selling
single
family
homes
in
the
metropolitan
areas
throughout
the
U.S.
For
the
three
months
ended
3/31/01,
revenues
fell
15%
to
$121.3
million.
Net
loss
applicable
to
Common
rose
from
$34
thousand
to
$359
thousand.
Revenues
reflect
lower
new
orders
and
Homebuilding
income.
Net
loss
reflects
higher
Homebuilding
interest
expenses
and
decreased
financial
services
interest
income. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
144,585;
after
tax
earnings
were
-7,180. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| George Yeonas, 45 CEO,
Director and Pres | $659K | Paul Giusti, 42 COO | 442K | Jeffrey Shirley, 41 VP
- Fin. and Chief Financial and Accounting Officer | 267K | David Guy Regional
VP | -- | Dollar amounts are as of 31-Dec-1999 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
|
|