| Business Summary | | Gottschalks,
Inc.
is
a
regional
department
and
specialty
store
chain
that
currently
operates
79
full-line
Gottschalks
department
stores
located
in
seven
Western
states,
with
39
stores
located
in
California,
21
in
Washington,
seven
in
Alaska,
five
in
Idaho,
four
in
Oregon,
two
in
Nevada
and
one
in
Utah.
The
Company
also
operates
17
Gottschalks
and
Village
East
specialty
apparel
stores
that
carry
a
limited
selection
of
merchandise.
The
Company's
department
stores
typically
offer
a
wide
range
of
better
to
moderate
brand-name
and
private-label
merchandise,
including
men's,
women's,
junior's
and
children's
apparel;
cosmetics,
shoes,
fine
jewelry
and
accessories;
and
home
furnishings
including
china,
housewares,
domestics,
small
electric
appliances
and
furniture. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Gottschalks
is
a
regional
department
and
specialty
store
chain.
As
of
5/01,
the
Co.
operates
79
full-line
department
stores
and
17
specialty
stores
in
CA,
OR,
WA
and
NV.
For
the
26
weeks
ended
8/4/01,
total
revenues
rose
25%
to
$322.5
million.
Net
loss
totaled
$7.4
million,
up
from
$831
thousand.
Revenues
reflect
increased
comparable
store
sales.
Higher
losses
reflect
one-time
charges
associated
with
the
closures
of
six
stores
and
the
distribution
center
in
the
Northwest. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
161,709;
after
tax
earnings
were
-2,813. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Joe Levy, 69 Chairman | $446K | James Famalette, 49 Pres,
CEO, Director | 552K | Michael Geele, 50 CFO,
Sr. VP | 241K | Gary Gladding, 61 Exec.
VP, Gen. Merchandise Mang. | 371K | Michael Schmidt, 59 Sr.
VP of Stores | 273K | Dollar amounts are as of 3-Feb-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
|
|