| Business Summary | | Discount
Auto
Parts,
Inc.
is
a
specialty
retailer
and
supplier
of
automotive
replacement
parts,
maintenance
items
and
accessories
to
both
Do-It-Yourself
(DIY)
consumers
and
professional
mechanics
and
service
technicians.
As
of
November
2000,
the
Company
operated
a
chain
of
658
Discount
Auto
Parts
stores,
with
stores
located
throughout
Florida,
Georgia,
Mississippi,
Louisiana,
Alabama
and
South
Carolina.
Each
Discount
Auto
Parts
store
carries
an
extensive
line
of
brand
name
replacement
"hard"
parts,
such
as
starters,
alternators,
brake
pads,
brake
shoes
and
water
pumps,
for
domestic
and
imported
cars,
vans
and
light
trucks,
as
well
as
brand
name
maintenance
items
and
accessories. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Discount
Auto
Parts
is
a
specialty
retailer
of
automotive
replacement
parts,
maintenance
items
and
accessories
for
the
``Do-It-Yourself''
consumer
and
professional
mechanics.
For
the
fiscal
year
ended
5/29/01,
revenues
increased
11%
to
$661.7
million.
Net
income
decreased
33%
to
$17.6
million.
Revenues
reflect
increased
same-store
sales
and
the
opening
of
new
stores.
Earnings
were
offset
by
lower
gross
margins
and
higher
operating
expenses
as
a
%
of
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Peter Fontaine, 46 Chairman
and CEO | $190K | C. Michael Moore, 40 CFO,
Sec. | 278K | Thomas Merk, 50 VP
of Sales and Marketing | -- | Clement Bottino, 48 VP
of HR | 179K | Michael Harrah, 50 VP
of Information Systems | -- | Dollar amounts are as of 30-May-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
|
|