| Business Summary | | Springs
Industries,
Inc.
is
engaged
in
manufacturing,
marketing,
selling
and
distributing
home
furnishing
products.
The
Company's
product
line
includes
sheets,
pillows,
pillowcases,
bedspreads,
comforters,
mattress
pads,
baby
bedding
and
infant
apparel,
towels,
shower
curtains,
bath
and
accent
rugs,
other
bath
fashion
accessories,
over-the-counter
home-sewing
fabrics,
drapery
hardware,
and
hard
and
soft
decorative
window
fashions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Springs
Industries
is
engaged
in
the
manufacturing,
marketing
and
sale
of
packaged
textile
and
non-textile
home
furnishings.
The
Company
also
manufactures
and
markets
bed
pillows,
mattress
pads,
down
comforters
and
accessories.
For
the
26
weeks
ended
6/30/01,
revenues
fell
4%
to
$1.12
billion.
Net
income
fell
24%
to
$30.1
million.
Revenues
reflect
lower
sales
volumes
and
the
loss
of
the
Disney
license.
Earnings
also
reflects
a
$3.5
million
recapitalization
proposal
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Crandall Bowles, 52 Chairman,
Pres and CEO | $1.0M | Jeffrey Atkins, 51 Exec.
VP and CFO | -- | Stephen Kelbley, 57 Exec.
VP | 596K | Thomas O'Connor, 54 Exec.
VP | 582K | Ray Greer, 46 Sr.
VP and CIO | -- | Dollar amounts are as of 1-Jan-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
|
|