| Business Summary | | Diamond
Home
Services,
Inc.
is
a
leading
marketer
and
contractor
of
installed
home
improvement
products,
including
roofing
systems,
gutters,
fencing
and
doors,
and
one
of
the
country's
leading
manufacturers
and
wholesale
distributors
of
fencing
and
perimeter
security
products.
The
Company's
main
subsidiary,
Diamond
Exteriors,
Inc.,
markets
and
sells
installed
home
improvement
products
and
services
primarily
under
the
Sears
name
under
a
license
agreement
with
Sears,
Roebuck
and
Co.
Diamond
Exteriors
markets
and
sells
its
products
directly
to
residential
customers
in
44
states.
Through
its
finance
subsidiary,
Marquise
Financial
Services,
Inc.,
the
Company
provides
financing
to
consumers
of
installed
home
improvement
products
and
services.
The
Company's
subsidiary
Reeves
Southeastern
Corp.
manufactures
and
sells
fencing
and
other
perimeter
security
products
nationwide
to
distributors
and,
through
its
subsidiary
Foreline
Security
Corp.,
provides
electronic
security
products
and
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Diamond
Home
Services
is
a
marketer
and
contractor
of
installed
home
improvement
products
including
roofing,
gutters,
doors
and
fencing
under
the
``Sears''
name.
For
the
nine
months
ended
9/30/99,
net
sales
increased
10%
to
$188.9
million.
Net
loss
totalled
$9.2
million
vs.
income
of
$1.4
million.
Revenues
reflect
the
acquisition
of
Reeves.
Net
loss
reflects
the
inclusion
of
a
higher
interest
expense
and
a
$2.7
million
restructuring
expense. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| C. Clegg, 48 Chairman,
CEO and Interim Pres and Chief Operating Officer | $250K | Joseph Schorer, 45 VP,
Gen. Counsel and Sec. | 173K | Eugene O'Hern, Jr., 55 Controller | -- | Dollar
amounts are as of 31-Dec-1998 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
|
|