| Business Summary | | Catalina
Lighting
Inc.
designs,
manufactures,
contracts
for
the
manufacture
of,
imports,
warehouses
and
distributes
lighting
fixtures
and
lamps
under
the
Westinghouse,
Catalina,
Dana,
Ring
and
Illuminada
names.
The
Company
also
functions
as
an
original
equipment
manufacturer,
selling
goods
under
its
customers'
private
labels.
The
Company
sells
in
the
United
States
through
a
variety
of
retailers
including
home
centers,
national
retail
chains,
office
superstore
chains,
mass
merchandisers,
warehouse
clubs,
discount
department
stores,
and
hardware
stores.
It
also
sells
its
products
in
the
United
Kingdom,
continental
Europe,
Canada,
Mexico
and
South
America. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Catalina
Lighting,
Inc.
is
a
United
States-based
wholesaler,
distributor
and
manufacturer
of
lamps,
lighting
fixtures
and
other
lighting
related
products.
For
the
six
months
ended
3/31/01,
net
sales
increased
41%
to
$120.4
million.
Net
loss
totaled
$5.3
million
vs.
an
income
of
$1.3
million.
Revenues
reflect
additional
revenues
from
the
Ring
acquisition.
Net
loss
reflects
a
less
profitable
customer
and
product
mix
in
the
U.S.
and
increased
SG&A
from
the
Ring
acquisition. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
60,548;
after
tax
earnings
were
-2,417. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Hersh, 54 Chairman,
Pres | $333K | $90K | Eric Bescoby CEO | -- | -- | David Sasnett, 44 CFO,
Sr. VP, Treasurer, Sec. | 213K | -- | Dean Rappaport, 49 COO,
Exec. VP | 300K | 106K | Nathan Katz, 45 Exec.
VP | 300K | 158K | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|