| Business Summary | | Peet's
Coffee
&
Tea,
Inc.
is
a
specialty
coffee
roaster
and
marketer
of
branded
fresh-roasted
whole
bean
coffee.
The
Company
sells
its
coffee,
hand-selected
tea
and
related
items
in
several
distribution
channels,
including
specialty
grocery
and
gourmet
food
stores,
online
and
mail
order,
offices
and
restaurant
accounts
and
59
Company-owned
stores
in
four
states.
Peet's
sells
33
types
of
coffee
as
regular
items.
Included
are
approximately
17
blends,
with
the
balance
being
single-origin
coffees
from
countries
such
as
Colombia,
Guatemala
and
Kenya.
Peet's
also
seeks
out,
roasts
and
sells
special-lot
and
one-time
coffees.
On
average,
the
Company
offers
four
to
six
such
coffees
every
year.
The
Company
also
offers
a
line
of
hand-selected
whole
leaf
and
bagged
tea
that
it
purchases
directly
from
importers
and
brokers,
and
stores
and
packs
the
tea
at
its
facility
in
Emeryville,
California.
In
addition,
the
Company
offers
a
limited
line
of
specialty
food
items
such
as
jellies,
jams
and
candies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Peet's
Coffee
and
Tea,
Inc.
is
a
specialty
coffee
roaster
and
a
marketer
of
branded
fresh
roasted
whole
bean
coffee,
sold
through
specialty
grocery
and
gourmet
food
stores,
online,
mail
order
and
through
58
company-owned
stores
in
four
states.
For
the
26
weeks
ended
7/1/01,
net
sales
rose
14%
to
$45.3
million.
Net
loss
fell
90%
to
$240
thousand.
Results
reflect
growth
in
the
specialty
sales
and
mail
order
segments
and
lower
marketing
and
advertising
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| H. William Jesse, Jr., 49 Chairman | -- | Christopher Mottern, 57 Pres,
CEO, Director | $355K | Mark Rudolph, 42 CFO,
VP, Assistant Sec. | 160K | William Lilla, 45 Exec.
VP | 169K | James Reynolds, 62 VP,
Coffee and Tea, and Sec. | -- | 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
|
|