| Business Summary | | Wickes
Inc.
and
its
subsidiaries
supply
and
manufacture
building
materials
in
the
United
States.
The
Company
sells
its
products
and
services
primarily
to
residential
and
commercial
building
professionals,
repair
and
remodeling
contractors
and,
to
a
lesser
extent,
project
do-it-yourself
consumers
involved
in
major
home
improvement
projects.
As
of
February
28,
2001,
the
Company
operated
101
sales
and
distribution
facilities,
as
well
as
27
component
manufacturing
facilities
that
produce
and
distribute
roof
and
floor
trusses,
framed
wall
panels
and
pre-hung
door
units,
principally
in
the
Midwest,
Northeast
and
South
regions
of
the
United
States.
The
Company
targets
five
customer
groups,
the
production
or
volume
builder;
the
custom
builder;
the
tradesman;
the
repair
and
remodeler,
and
the
commercial
developer.
Its
marketing
approach
encompasses
three
channels
of
distribution,
which
it
refers
to
as
Major
Markets,
Conventional
Markets
and
Wickes
Direct. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Wickes
Inc.
is
a
supplier
and
manufacturer
of
building
materials,
selling
its
products
and
services
to
residential
and
commercial
building
professionals,
contractors
and
others
through
more
than
100
facilities
in
24
states.
For
the
six
months
ended
6/30/01,
net
sales
fell
8%
to
$458.9
million.
Net
loss
totaled
$5.5
million,
up
from
$1.7
million.
Results
reflect
lower
lumber
prices,
a
decline
in
housing
starts
and
increased
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| J. Steven Wilson, 57 Chairman,
Pres, CEO | $865K | James Hopwood, 39 VP-Fin.,
Treasurer | 200K | Russell Bonaguidi, 50 VP,
Controller | -- | Jimmie Frank, 46 VP
-- Merchandising and Marketing | 405K | George Finkenstaedt, 49 VP
-- Merchandising | 362K | Dollar amounts are as of 30-Dec-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
|
|