| Business Summary | | Stanley
Furniture
Company,
Inc.
is
a
designer
and
manufacturer
of
residential
wood
furniture
exclusively
targeted
at
the
upper-medium
price
range.
The
Company
offers
diversified
product
lines
across
all
major
style
and
product
categories
within
this
price
range.
The
Company's
product
lines
cover
all
major
design
categories,
and
include
collections
(dining
room,
bedroom,
tables
and
entertainment
units),
youth
bedroom
(Young
America)
and
home
office
furniture.
Stanley
has
developed
a
broad
domestic
and
international
customer
base
and
sells
its
furniture
through
approximately
70
independent
sales
representatives
to
independent
furniture
retailers,
department
stores
and
regional
chain
stores. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Stanley
Furniture
Company,
Inc.
designs
and
manufactures
residential
wood
furniture
exclusively
targeted
at
the
upper-medium
price
range.
For
the
six
months
ended
6/30/01,
net
sales
fell
18%
to
$118
million.
Net
income
decreased
52%
to
$4.9
million.
Revenues
reflect
lower
unit
volume
in
the
Company's
collections
offering.
Net
income
also
reflects
decreased
margin
and
costs
associated
with
the
Start-up
of
the
new
home
office
factory
and
higher
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Albert Prillaman, 54 Chairman,
CEO | $789K | $1.4M | Jeffrey Scheffer Pres,
COO | -- | -- | Douglas Payne, 41 Exec.
VP of Fin. and Admin. | 329K | 223K | William Sibbick, Jr., 43 Sr.
VP- Sales | 294K | 156K | Kelly Cain, 45 Sr.
VP- Product Devel. and Merchandising | 285K | 270K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|