| Business Summary | | Cost-U-Less,
Inc.
operates
mid-sized
warehouse
club-style
stores
in
the
United
States
Territories
(U.S.
Territories),
foreign
island
countries
in
the
Pacific
and
the
Caribbean,
the
Hawaiian
Islands
and
Sonora,
California.
The
Company's
primary
strategy
is
to
operate
in
island
markets,
offering
predominately
U.S.
branded
goods.
The
Company
currently
operates
11
stores:
two
stores
in
each
of
Hawaii
and
Guam,
and
one
store
in
each
of
St.
Thomas,
St.
Croix,
American
Samoa,
Fiji,
Curacao,
St.
Maarten
and
Sonora,
California. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CULS
operates
11
mid-sized
warehouse
club-style
stores,
offering
high-quality
U.S.
and
local
goods,
primarily
in
Caribbean
and
Pacific
island
markets.
For
the
26
weeks
ended
7/01/01,
revenues
fell
less
than
1%
to
$88.4
million.
Net
income
totaled
$182
thousand,
vs.
a
loss
of
$5.8
million.
Revenues
reflect
deteriorating
economies
in
Guam,
Samoa,
and
Curacao,
Netherlands
Antilles
and
three
store
closures.
Earnings
reflect
the
absence
of
$3.4
million
in
store
closing
related
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Enger, 55 Chairman | -- | J. Jeffrey Meder, 49 Pres,
CEO, Director | $257K | Martin Moore, 44 CFO,
VP, Treasurer, Sec. | 103K | Roy Sorensen, 47 COO,
VP | 135K | William Lofgren, 38 VP-
Information Systems | 132K | Dollar amounts are as of 31-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
|
|