| Business Summary | | Westaff,
Inc.
provides
temporary
staffing
services,
primarily
in
suburban
and
rural
markets,
as
well
as
in
the
downtown
areas
of
major
urban
centers,
in
the
United
States
and
selected
international
markets.
These
services
include
replacement,
supplemental
and
on-site
programs
to
businesses
and
government
agencies.
The
Company
has
over
50
years
of
experience
in
the
staffing
industry,
and,
as
of
October
28,
2000,
operated
through
over
350
business
services
offices
in
44
states,
the
District
of
Columbia
and
five
foreign
countries.
As
of
October
28,
2000,
approximately
72.6%
of
these
offices
were
owned
by
the
Company,
22.9%
were
operated
by
franchise
agents
and
4.5%
were
operated
by
licensees.
The
Company
is
proceeding
with
arrangements
to
operate
in
Mexico. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Westaff,
Inc.
provides
temporary
staffing
services,
including
replacement,
supplemental
and
on-site
programs
to
businesses
and
government
agencies
in
regional
and
local
markets
in
the
U.S.
and
selected
international
markets.
For
the
24
weeks
ended
4/14/01,
total
revenues
fell
12%
to
$261.9
million.
Net
income
from
continuing
operations
fell
71%
to
$1.1
million.
Results
reflect
decreased
billed
hours
and
lower
international
sales
of
services,
and
lower
margins. Recent Earnings Announcement For
the
13
weeks
ended
07/07/2001,
revenues
were
123,314;
after
tax
earnings
were
184. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| W. Stover, 79 Chairman | $227K | Tom Seip Pres,
CEO, Director | -- | Dirk Sodestrom, 42 CFO,
Sr. VP | 166K | Robin Herman, 48 Sr.
VP, Gen. Counsel, Secetary | 147K | John Grossu Sr. VP, Strategic Bus. Solutions | -- | Dollar
amounts are as of 28-Oct-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
|
|