| Business Summary | | Gart
Sports
Company
is
a
sporting
goods
retailer
primarily
in
the
Midwest,
the
Rocky
Mountain
region,
and
in
the
western
United
States.
The
Company
is
the
second
largest,
publicly
traded,
full-line
sporting
goods
retailer
in
the
United
States.
The
Company
currently
operates
120
sporting
goods
stores
in
16
states.
The
Company
offers
its
customers
over
100,000
active
SKUs
(stock-keeping
units)
of
high
quality,
brand
name
sporting
goods
and
apparel.
The
Company's
merchandise
is
broadly
classified
into
one
of
two
major
categories,
hardlines
or
softlines.
Hardlines
includes
such
items
as
skis,
golf
equipment,
bicycles,
exercise
equipment
and
camping,
hunting,
and
fishing
gear.
Softlines
consist
primarily
of
apparel,
footwear
and
outerwear. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Gart
Sports
Company
is
a
sporting
goods
retailer
in
the
midwest
and
western
United
States.
For
the
13
weeks
ended
5/5/01,
revenues
fell
2%
to
$162.6
million.
Net
income
rose
48%
to
$605
thousand.
Revenues
reflect
soft
sales
of
in-line
skates,
bikes
and
golf
due
to
the
unseasonably
cold
and
wet
weather.
Earnings
benefitted
from
increased
margin
as
a
result
of
the
improved
buying
disciplines
and
improved
replenishment
and
allocation
of
merchandise
to
the
stores. Recent Earnings Announcement For
the
13
weeks
ended
08/04/2001,
revenues
were
237,938;
after
tax
earnings
were
1,895. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Morton, 49 Pres,
CEO, Chairman, Director | $1.5M | Thomas Hendrickson, 45 Exec.
VP, CFO, Treasurer | 846K | Michael McCaghren, 40 Sr.
VP -- CIO | 294K | Arthur Hagan, 61 Sr.
VP -- Merchandising | 384K | James Van Alstyne, 39 Sr.
VP- Merchandising | -- | Dollar amounts are as of 29-Jan-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
|
|