| Business Summary | | Tandy
Brands
Accessories,
Inc.
is
a
designer,
manufacturer
and
marketer
of
branded
men's,
women's
and
children's
accessories,
including
belts
and
small
leather
goods
such
as
wallets.
The
Company's
product
line
also
includes
handbags,
socks,
scarves,
hats,
hair
accessories,
suspenders
and
cold
weather
accessories.
Tandy
Brands'
merchandise
is
marketed
under
a
broad
portfolio
of
licensed
and
proprietary
brand
names
as
well
as
private
brands
for
major
retail
customers.
The
Company
sells
its
products
through
all
major
retail
distribution
channels
throughout
the
United
States
and
Canada,
including
mass
merchants,
national
chain
stores,
major
department
stores,
grocery
stores,
men's
and
women's
specialty
stores,
golf
pro
shops
and
catalogs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TBAC
designs,
manufactures
and
markets
fine
leather
goods,
handbags,
accessories
and
neckwear
for
men,
women
and
children.
Key
product
categories
include
belts,
wallets,
handbags,
supenders,
socks,
scarves,
and
hair
accessories.
For
the
nine
months
ended
3/31/01,
net
sales
increased
2%
to
$153.4
million.
Net
income
decreased
37%
to
$5.3
million.
Results
reflect
higher
sales
volume
in
woman's
accessories
products,
offset
by
a
lower
gross
margin
and
higher
depreciation
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
45,579;
after
tax
earnings
were
-831. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Gaertner, 57 Chairman | -- | J.S. Jenkins, 57 Pres,
CEO, | $425K | Jerry Wood, 55 Exec.
VP | 229K | Stanley Ninemire, 44 Sr.
VP, CFO, Assistant Sec. | 213K | Dollar amounts are as of 30-June-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
|
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