| Business Summary | | The
Sports
Authority,
Inc.
is
a
full-line
sporting
goods
retailer.
The
Company's
business
strategy
is
to
serve
its
customer
by
offering,
through
multiple
channels,
extensive
selections
of
brand
name
sporting
goods,
athletic
footwear
and
apparel.
As
of
February
3,
2001,
the
Company
directly
operated
198
stores
in
32
states
across
the
United
States,
substantially
all
in
excess
of
40,000
gross
square
feet.
Another
28
stores
in
Japan
are
operated
under
a
license
agreement
with
the
Company
by
MegaSports
Co.,
Ltd.,
a
joint
venture
with
JUSCO
Co.,
Ltd.,
a
Japanese
retailer.
In
fiscal
2000,
the
Company
closed
its
five
stores
in
Canada.
The
Company
owns
19.9%
of
TheSportsAuthority.com,
Inc.,
a
joint
venture
with
a
wholly
owned
subsidiary
of
Global
Sports,
Inc.
Since
November
1999,
TheSportsAuthority.com
has
operated
the
retail
e-commerce
site,
www.thesportsauthority.com. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Sports
Authority
operates
198
large-format
sporting
goods
stores
in
the
U.S.,
offering
extensive
selections
of
brand
name
sporting
equipment
and
athletic
and
active
footwear
and
apparel.
For
the
26
weeks
ended
8/4/01,
revenues
fell
4%
to
$711.7
million.
Net
income
before
extraordinary
items
and
accounting
change
totalled
$1.2
million
vs.
a
loss
of
$1.5
million.
Results
reflect
decreased
comparable
store
sales,
offset
by
the
absence
of
$1.1
million
in
pre-opening
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Martin Hanaka, 52 Chairman,
CEO | $1.2M | George Mihalko, 46 CFO,
Exec. VP | 664K | James Tener, 52 COO,
Exec. VP | 627K | Elliott Kerbis, 48 Exec.
VP, Merchandising and Sales Promotion | 289K | Arthur Quintana, 51 Sr.
VP, Supply Chain | 441K | Dollar amounts are as of 29-Jan-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
|
|