| Business Summary | | Advanced
Marketing
Services,
Inc.
(AMS)
provides
global
customized
services
to
book
retailers
and
publishers.
The
Company
distributes
general
interest
books
to
the
membership
warehouse
clubs
and
certain
specialty
retailers,
certain
e-commerce
companies
and
traditional
bookstores.
AMS
also
provides
product
selection
advice,
vendor
managed
inventory
(VMI)
services,
specialized
merchandising
and
product
development
services,
and
distribution
and
handling
services
to
membership
warehouse
clubs
and
other
retailers
operating
in
the
United
States,
Canada,
Mexico,
the
United
Kingdom,
Australia,
and
certain
Pacific
Rim
countries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Advanced
Marketing
Services
is
a
distributor
of
general
interest
books
to
the
membership
warehouse
clubs
and
certain
specialty
retailers.
For
the
three
months
ended
6/30/01,
net
sales
fell
1%
to
$147
million.
Net
income
rose
3%
to
$3.1
million.
Revenues
reflect
the
lack
of
bestseller
authors
and
lower
'Harry
Potter
IV'
and
'The
Indwelling'
sales.
Net
income
benefitted
from
increased
sales
volume
of
higher
margin
products
and
improved
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Charles Tillinghast, III, 63 Chairman | $432K | -- | Michael Nicita, 47 Pres,
CEO, Chief Operating Officer | 728K | $3.2M | Edward Leonard, 49 Exec.
VP and CFO | 550K | -- | Loren Paulsen, 50 Exec.
VP- Operations | 368K | -- | William Berryman, 57 Exec.
VP, CIO | -- | -- | Dollar
amounts are as of 31-Mar-2000 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
|
|