| Business Summary | | ENBC
Corp.
which
operates
specialty
retail
stores
that
feature
fresh-baked
bagels,
proprietary
cream
cheeses,
specialty
coffees
and
teas
and
soups,
salads
and
sandwiches
under
the
Einstein
Bros.
Bagels
and
Noah's
New
York
Bagels
brand
names.
As
of
January
2,
2001,
there
were
458
Company
stores
in
operation
in
45
designated
market
areas
(DMAs),
including
371
Einstein
Bros.
Bagels
stores
in
38
DMAs
throughout
the
United
States,
and
87
Noah's
New
York
Bagels
stores
in
seven
DMAs
located
in
northern
California,
portions
of
Los
Angeles,
Portland
and
Seattle/Tacoma.
The
Company
also
licenses
three
Einstein
Bros.
Bagels
stores
located
in
Phoenix,
Arizona,
Washington,
DC
and
Winter
Park,
Colorado,
and
two
Noah's
New
York
Bagels
stores
located
in
the
San
Francisco
and
San
Jose
International
Airports.
On
April
27,
2000,
ENBC
and
its
majority-owned
subsidiary,
Einstein/Noah
Bagel
Partners,
L.P.,
filed
petitions
for
reorganization
under
Chapter
11
of
the
Bankruptcy
Code. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ENBC
Corporation
owns
and
operates
specialty
retail
stores
that
feature
fresh-baked
bagels,
proprietary
cream
cheeses,
specialty
coffees
and
teas,
and
soups,
salads
and
sandwiches.
For
the
three
months
ended
4/24/01,
revenues
fell
6%
to
$111.8
million.
Net
loss
fell
27%
to
$6.8
million.
Revenues
reflect
decreased
average
number
of
stores
in
operations.
Lower
loss
reflects
decreased
personnel
expenses
and
the
absence
of
$2.6
million
in
reorganization
charges. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Robert Hartnett, 48 Chairman,
Pres, CEO | $679K | Robert Ellis Interim CFO | -- | Paul Murphy, III, 45 Exec.
VP-Operations | 450K | Paul Strasen, 43 Sr.
VP, Gen. Counsel | 338K | Gail Lozoff, 49 CMO,
Director | 338K | Dollar amounts are as of 27-Dec-1999 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
|
|