| Business Summary | | D.I.Y.
Home
Warehouse,
Inc.
(DIY)
operates
nine
retail
warehouse-format
home
improvement
centers
that
sell
products
primarily
to
do-it-yourself
home
repair
and
remodeling
customers.
DIY
offers
a
wide
selection
of
home
improvement
products
at
everyday
low
prices.
Each
store
carries
approximately
30,000
SKUs
(stock-keeping
units),
including
variations
in
color
and
size.
Brand
name
products
are
carried
throughout
each
store.
The
Company's
core
product
areas
consist
of
Paint,
Home
Decorating,
Floorcoverings
and
Ready
To
Assemble
Furniture;
and
Lawn
and
Garden.
The
Company
also
offers
non-core
products,
which
are
characterized
as
products
that
do
not
require
a
high
level
of
specialized
service,
but
which
are
better
stocked
and
sold
in
traditional
warehouse-format
for
customer
convenience.
The
Company's
non-core
product
areas
are
Electrical,
Lighting
and
Fans,
Hardware,
Plumbing
and
Building
Materials. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | D.I.Y.
Home
Warehouse
operates
warehouse-format
home
improvement
centers
selling
products
primarily
for
do-it-yourself
home
repair
and
remodeling
customers.
For
the
six
months
ended
6/30/01,
revenues
decreased
24%
to
$32.9
million.
Net
loss
rose
from
$1.4
million
to
$17.8
million.
Revenues
reflect
additional
competitions
from
national
warehouse
retailers
in
the
markets
and
fewer
Company
stores.
Higher
loss
reflects
$15.2
million
store
closing
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Fred Erb, 78 Chairman | -- | Clifford Reynolds, 54 Pres
and CEO | $423K | R. Scott Eynon, 51 VP
of Operations | 262K | Todd Ayers, 32 Controller | 111K | John Erb, 46 Sec. | -- | Dollar
amounts are as of 30-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
|
|