| Business Summary | | Books-A-Million,
Inc.
is
a
book
retailer
in
the
southeastern
United
States.
The
Company
has
developed
several
store
formats
to
address
the
various
market
areas
it
serves.
Superstores
operate
under
the
name
"Books-A-Million."
Smaller
bookstores,
which
are
operated
under
the
name
"Bookland,"
have
approximately
4,000
square
feet
and
are
located
primarily
in
malls.
The
Company
also
operates
newsstands
under
the
name
"Joe
Muggs
Newsstands."
Newsstands
average
approximately
2,300
square
feet
and
are
located
in
mostly
larger
markets.
In
addition
to
the
retail
store
formats,
the
Company
offers
its
products
over
the
Internet
at
Booksamillion.com
and
Joemuggs.com.
The
Company
is
also
a
wholesaler
of
books
to,
among
others,
bookstores,
wholesale
clubs,
supermarkets,
department
stores
and
mass
merchandisers.
In
addition,
the
Company
has
a
subsidiary,
NetCentral,
Inc.,
that
provides
Website
development
and
maintenance
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BAMM
is
principally
engaged
in
the
sale
of
books,
magazines
and
related
items
through
a
chain
of
185
retail
bookstores
(as
of
2/01),
and
also
serves
as
a
wholesale
book
distributor.
For
the
26
weeks
ended
8/4/01,
net
sales
increased
8%
to
$201.5
million.
Net
loss
totalled
$1.1
million,
up
from
$97
thousand.
Revenues
reflect
additional
sales
from
new
stores
opened.
Net
loss
reflects
increased
occupany
costs
and
higher
borrowings
level. Recent Earnings Announcement For
the
3
months
ended
08/04/2001,
revenues
were
104,011;
after
tax
earnings
were
-676. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Clyde Anderson, 40 Chairman,
CEO | $536K | Sandra Cochran, 42 Pres,
Sec. | 344K | Richard Wallington, 42 CFO | 156K | Terrance Finley, 47 Pres
of Booksamillion.com | 366K | Dollar amounts are as of 29-Jan-2001 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
|
|