| Business Summary | | APS
Holding
Corporation,
together
with
its
subsidiaries,
is
a
warehouse
distributor
of
automotive
placement
parts
in
the
United
States,
supplying
over
1,650
parts
stores
owned
by
associated
jobbers
and
273
Big-A
Company-owned
stores
and
214
Installers
Service
Warehouses
(ISWs),
as
of
January
31,
1998.
The
Company
principally
serves
the
wholesale
segment
of
the
automotive
parts
aftermarket.
As
of
January
31,
1998,
the
Company
had
a
network
of
27
distribution
centers
in
26
states.
The
distribution
centers
offer
over
160,000
stock-keeping
units,
including
a
broad
array
of
replacement
parts,
tools,
equipment,
supplies
and
accessories. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | APSIQ
and
its
subsidiaries
is
a
warehouse
distributor
of
automotive
replacement
parts
supplying
over
1,650
parts
stores
owned
by
associated
jobbers
and
273
Big-A
Company
owned
stores
and
214
Installers
Service
Warehouses.
For
the
six
months
ended
7/25/98,
revenues
fell
22%
to
$337.3
million.
Net
loss
totalled
$47
million,
up
from
$10.6
million.
Revenues
reflect
facility
closures
and
the
effects
of
Chapter
11
Proceedings.
Higher
loss
reflects
$6.4
million
in
reorganization
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1997 Pay | |
| Hubbard Howe, 69 Chairman | -- | Bettina Whyte, 49 Pres
& CEO | -- | John Hendrix, 49 Sr.
VP and CFO | -- | E. Lauver, 51 Sr.
VP & Sec. | -- | David Barbeau, 50 Sr.
VP of Distribution Operations | $255K | Dollar amounts are as of 31-Jan-1998 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
|
|