| Business Summary | | Racing
Champions
Corporation
is
a
producer
and
marketer
of
collectibles
and
toys
sold
in
multiple
channels
of
distribution
and
available
at
more
than
20,000
retail
outlets.
The
Company
sells
American
Muscle
collectible
NASCAR
and
National
Hot
Rod
Association
die-cast
racing
replicas;
officially
licensed
die-cast
replicas
of
automobiles;
trucks,
agricultural,
construction
equipment
and
powered-recreational
and
sport
vehicles;
plastic
preschool
products;
AMT
model
kits;
Press
Pass
sports
trading
cards;
and
NASCAR
souvenirs
and
apparel.
The
Company
has
license
agreements
with
major
United
States
automotive
and
equipment
manufacturers
and
other
motorsports
sanctioning
bodies,
sponsors,
team
owners
and
drivers.
The
Company
sells
its
products
primarily
in
North
America,
Europe
and
Asia
Pacific. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RACN
produces
and
markets
die-cast
racing
replicas
sold
at
more
than
20,000
North
American
retail
outlets.
For
the
six
months
ended
6/30/01,
net
sales
decreased
17%
to
$79.5
million.
Net
income
totalled
$2.9
million,
up
from
$114
thousand.
Revenues
reflect
a
decrease
in
sales
of
non-racing
diet
cast
collectibles.
Earnings
were
offset
by
a
decrease
in
selling,
general
and
administrative
costs
attributable
to
tight
control
of
discretionary
expenditures. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Dods, 52 Chairman,
CEO | $447K | Peter Henseler, 42 Pres | 504K | Boyd Meyer, 59 Vice
Chairman | 397K | Curtis Stoelting, 41 Exec.
VP, COO, Sec. | 503K | M. Camp, 43 Sr.
VP - Licensing | -- | 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
|
|