| Business Summary | | Restoration
Hardware,
Inc.,
together
with
its
subsidiaries,
is
a
specialty
retailer
of
home
furnishings,
functional
and
decorative
hardware
and
related
merchandise
that
reflects
its
classic
and
authentic
American
point
of
view.
The
Company
markets
its
merchandise
through
retail
locations,
mail
order
catalogs
and
on
the
worldwide
Web
at
www.restorationhardware.com.
The
Company's
merchandise
strategy
and
its
stores'
architectural
style
create
a
unique
and
attractive
selling
environment
designed
to
appeal
to
an
affluent,
well
educated
35
to
55
year
old
customer.
The
Company
operated
106
stores
in
31
states,
the
District
of
Columbia
and
in
Canada
at
February
3,
2001.
The
Company
displays
its
broad
assortment
of
merchandise
in
an
architecturally
inviting
setting,
which
it
believes
appeals
to
both
men
and
women. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RSTO
is
a
retailer
of
home
furnishings,
functional
and
decorative
hardware
and
related
merchandise
that
reflects
the
Co's
classic
and
authentic
American
point
of
view.
For
the
three
months
ended
5/5/01,
revenues
fell
3%
to
$67.9
million.
Net
loss
totalled
$8.9
million,
up
from
$4.3
million.
Revenues
reflect
decreased
comparable
store
sales.
Higher
loss
reflects
an
increase
in
the
average
borrowings
outstanding
and
negative
occupancy
expense
leverage. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
74,780;
after
tax
earnings
were
-7,315. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Stephen Gordon, 50 Chairman | $288K | Gary Friedman, 43 CEO,
Director | -- | Tom Bazzone COO, Exec. VP, Director | -- | 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
|
|