| Business Summary | | Michael
Anthony
Jewelers
Inc.
is
a
designer,
marketer,
and
manufacturer
of
affordable
fine
jewelry
in
the
United
States.
Michael
Anthony
sells
its
jewelry
directly
to
jewelry
chain
stores,
discount
stores,
department
stores,
television
home
shopping
networks,
catalogue
retailers,
and
wholesalers.
The
Company's
jewelry
is
targeted
towards
the
middle
market,
which
generally
retails
between
$20
and
$200
and
between
$300
and
$1,200
for
watches.
The
Company's
products
include
rope
chain,
bracelets,
charms,
pendants,
earrings,
rings
and
watches.
The
Company's
products
are
sold
in
over
20,000
retail
locations
nationwide. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Michael
Anthony
Jewelers
Inc.
designs,
markets
and
manufactures
fine
jewelry
in
the
U.S.
The
Company
sells
its
jewelry
directly
to
jewelry
chain
stores,
discount
stores,
department
stores,
catalogue
retailers,
and
wholesalers.
For
the
three
months
ended
4/28/01,
revenues
rose
13%
to
$29.2
million.
Net
loss
decreased
55%
to
$203
thousand.
Results
reflect
increased
sales
due
to
product
distributed
from
the
Almond
Jewelry
Group,
and
decreased
payroll
expenses. Recent Earnings Announcement For
the
3
months
ended
08/04/2001,
revenues
were
28,210;
after
tax
earnings
were
-366. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Paolercio, 50 Co-Chairman,
CEO | $316K | Anthony Paolercio, Jr., 48 Co-Chairman,
Pres | 316K | Michelle Light, 43 Exec.
VP | 247K | Allan Corn, 57 Sr.
VP, CFO, Director | -- | Michael Paolercio, 54 Sr.
VP, Treasurer, Director | -- | 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
|
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