| Business Summary | | Lifetime
Hoan
Corporation
designs,
markets
and
distributes
a
broad
range
of
household
cutlery,
kitchenware,
cutting
boards,
pantryware
and
bakeware
products.
The
Company
has
developed
a
consumer
franchise
by
promoting
and
marketing
products
under
both
owned
and
licensed
trade
names.
Owned
trade
names
include
Hoffritz,
Prestige,
Tristar,
Old
Homestead,
Roshco,
Baker's
Advantage,
Kamenstein
and
Hoan.
Licensed
trade
names
include
Farberware,
KitchenAid
and
various
names
under
license
from
The
Pillsbury
Company.
The
Farberware
trade
name
is
used
pursuant
to
a
200-year
royalty-free
license.
The
Company's
products
are
sold
primarily
in
the
United
States
to
approximately
1,100
customers
including
national
retailers,
department
store
chains,
mass
merchant
retail
and
discount
stores,
supermarket
chains,
warehouse
clubs,
direct
marketing
companies,
specialty
chains
and
through
other
channels
of
distribution. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lifetime
Hoan
Corproation
designs,
markets,
and
distributes
household
cutlery,
kitchenware,
cutting
boards
and
bakeware
products.
Items
are
sold
under
both
owned
and
licensed
trade
names.
For
the
six
months
ended
6/01,
net
sales
rose
11%
to
$58.9
million.
Net
income
fell
67%
to
$843
thousand.
Revenues
reflect
the
acquisition
of
M.
Kamenstein,
Inc.
Earnings
were
offset
by
costs
associated
with
the
acquisition. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Milton Cohen, 72 Chairman | $1.3M | Jeffrey Siegel, 58 Pres,
CEO, Director | 1.3M | Bruce Cohen, 43 Exec.
VP, Director | 346K | Robert McNally, 54 VP-Fin./
Treasurer | 235K | Craig Phillips, 51 VP
- Distribution, Sec. | 200K | Dollar amounts are as of 31-Dec-2000 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
|
|