| Business Summary | | Falcon
Products,
Inc.
designs,
manufactures
and
markets
furniture
and
related
products
for
the
foodservice,
contract
office,
hospitality,
healthcare,
education
and
retail
markets,
including
table
bases,
tabletops,
metal
and
wood
chairs,
booths,
casegoods
and
interior
decor
systems.
The
Company
manufactures
most
of
its
products
to
customer
order
from
basic
raw
materials.
It
markets
its
products
to
a
wide
variety
of
customers,
including
wholesale
distributors,
buying
groups,
architecture
and
design
firms,
office
furniture
dealers
and
end
users,
through
a
combination
of
its
own
direct
factory
sales
force
and
independent
manufacturer's
representatives. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FCP
designs,
manufactures
and
markets
a
line
of
furniture
and
related
products
for
the
hospitality,
office,
food
service,
healthcare
and
retail
markets,
including
table
bases,
table
tops,
chairs,
booths
and
interior
decor
systems.
For
the
26
weeks
ended
4/28/01,
net
sales
decreased
6%
to
$145.6
million.
Net
income
fell
81%
to
$860
thousand.
Results
reflect
a
softening
in
the
hospitality
market
and
increased
spending
for
marketing
programs. Recent Earnings Announcement For
the
13
weeks
ended
07/28/2001,
revenues
were
73,231;
after
tax
earnings
were
-11,072. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Franklin Jacobs, 68 Chairman,
Director and CEO | $720K | David Morley, 44 Pres,
COO, Director | -- | Michael Dreller, 38 CFO,
VP-Fin., Treasurer, Sec. | 188K | Richard Hnatek, 56 Sr.
VP - Quality | -- | Jackson Spidell, 45 VP-Operations | -- | Dollar
amounts are as of 31-Oct-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
|
|