| Business Summary | | Stride
Rite
Corporation
is
a
marketer
of
high
quality
children's
footwear
and
a
marketer
of
athletic
and
casual
footwear
for
children
and
adults.
Footwear
products
are
distributed
through
independent
retail
stores,
Company-owned
stores
and
footwear
departments
in
department
stores.
The
Company
operates
117
Stride
Rite
children's
shoe
stores,
46
leased
children's
shoe
departments
in
leading
department
stores
and
38
manufacturers'
outlet
stores
under
the
name
Stride
Rite
Family
Footwear,
which
sell
primarily
prior
season
goods
for
all
of
the
Company's
owned
and
licensed
brands. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Stride
Rite
Corporation
is
a
marketer
and
manufacturer
of
athletic
and
casual
footwear
for
children
and
adults.
For
the
six
months
ended
6/1/01,
net
sales
decreased
1%
to
$304.8
million.
Net
income
decreased
1%
to
$17.9
million.
Results
reflect
decreases
in
unit
shipments
and
average
selling
prices
in
the
wholesale
operations,
lower
sales
from
the
Keds
brand
and
the
Sperry
line,
as
well
as
$1.8
million
in
executive
termination
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Chamberlain, 57 Chairman
and CEO | $666K | Frank Caruso, 48 CFO | -- | Daniel Friedman, 40 Pres
of The Keds Corp. | 406K | Thomas Nelson, 46 Pres,
Sperry Top-Sider, Inc. | -- | Gerrald Silverman, 42 Pres,
Stride Rite Children's Group, Inc. | 358K | Dollar amounts are as of 1-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
|
|