| Business Summary | | Cost
Plus,
Inc.
is
a
specialty
retailer
of
casual
home
furnishings
and
entertaining
products.
As
of
February
3,
2001,
the
Company
operated
127
stores
under
the
name
World
Market,
Cost
Plus
World
Market,
Cost
Plus
or
Cost
Plus
Imports
in
19
states,
primarily
in
the
Western
United
States,
but
with
stores
as
far
east
as
Georgia,
North
Carolina
and
Virginia.
The
Company's
product
offerings
include
home
decorating
items
such
as
furniture,
rugs,
pillows,
lamps,
window
coverings,
frames
and
baskets;
a
number
of
gift
and
decorative
accessories,
including
collectibles,
cards,
wrapping
paper
and
Christmas
and
other
seasonal
items;
and
a
wide
selection
of
gourmet
foods
and
beverages,
including
wine,
microbrewed
and
imported
beer,
coffee,
tea
and
mineral
water. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cost
Plus
is
a
specialty
retailer
of
casual
home
furnishing
and
entertaining
products.
For
the
26
weeks
ended
8/4/01,
net
sales
rose
22%
to
$225
million.
Net
income
rose
6%
to
$2.7
million.
Revenues
reflect
the
opening
of
new
stores
and
increased
comparable
store
sales
as
a
result
of
larger
transaction
size.
Earnings
were
partially
offset
by
lower
gross
margins
due
to
increased
promotional
and
clearance
mark-downs
and
increased
occupancy
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Murray Dashe, 58 Chairman,
Pres, CEO | $713K | $2.5M | John Luttrell, 46 CFO,
Sr. VP | -- | -- | Kathi Lentzsch, 45 Exec.
VP of Bus. Devel. | 354K | 477K | Joan Fujii, 54 Sr.
VP, HR | -- | -- | Richard Grice, 55 Sr.
VP- Logistics | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|