| Business Summary | | The
Pep
Boys
-
Manny,
Moe
&
Jack
is
an
automotive
retail
and
service
chain.
The
Company
operates
in
the
automotive
aftermarket,
and
is
engaged
principally
in
the
retail
sale
of
automotive
parts,
tires
and
accessories,
automotive
maintenance
and
service
and
the
installation
of
parts.
The
Company's
primary
operating
unit
is
its
Supercenter
format.
As
of
February
3,
2001,
the
Company
operated
628
stores,
consisting
of
615
Supercenters
and
one
Service
&
Tire
Center,
having
an
aggregate
of
6,498
service
bays,
as
well
as
12
non-service/non-tire-format
Pep
Boys
Express
stores.
The
Company's
typical
Supercenter
is
a
freestanding,
"one-stop"
shopping
automotive
warehouse
that
features
service
bays.
Each
Pep
Boys
Supercenter
and
Pep
Boys
Express
store
carries
the
same
basic
product
line,
with
variations
based
on
the
number
and
type
of
cars
registered
in
the
different
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Pep
Boys
is
an
automotive
aftermarket
retailer
that
owns
and
operates
628
retail
stores
offering
automotive
parts
and
accessories,
automotive
maintenance
and
repair
service,
and
parts
installation.
For
the
26
weeks
ended
8/4/01,
revenues
decreased
10%
to
$1.12
billion.
Net
income
totaled
$21.6
million,
up
from
$10.8
million.
Revenues
reflect
the
impact
of
38
store
closures.
Earnings
reflect
the
net
gain
on
early
retirement
of
debt
and
improved
merchandise
margins. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
572,874;
after
tax
earnings
were
12,519. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mitchell Leibovitz, 55 Chairman,
CEO and Pres | $949K | George Babich, Jr., 49 CFO,
Exec. VP | 330K | Frederick Stampone, 45 Sr.
VP, CAO and Sec. | 290K | Don Casey, 49 Sr.
VP, Merchandising | 277K | Mark Page, 44 Sr.
VP - Store Operations | 327K | 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
|
|