| Business Summary | | Gerald
Stevens,
Inc.
is
a
retailer
and
marketer
of
flowers,
plants
and
complementary
gifts
and
decorative
accessories.
The
Company
operates
a
network
of
floral
specialty
retail
stores
with
over
300
retail
locations.
Its
order
generation
division
permits
the
Company,
through
multiple
channels,
including
the
Internet,
dial-up
numbers
and
direct
mail,
to
serve
customers
who
do
not
visit
or
phone
its
retail
stores.
This
division
includes
National
Flora,
Calyx
&
Corolla,
The
Flower
Club,
and
three
primary
Websites.
The
Company
operates
a
floral
importer
and
wholesaler,
AGA
Flowers,
which
has
long-term
supply
agreements
and
other
relationships
to
purchase
cut
flowers
with
many
growers
in
the
United
States,
Central
America
and
South
America.
In
April
2001,
the
Company
announced
that
it
will
file
voluntary
petitions
for
itself
and
certain
of
its
operating
subsidiaries
for
reorganization
under
Chapter
11
of
the
United
States
Bankruptcy
Code
with
the
United
States
Bankruptcy
Court
in
Miami. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Gerald
Stevens,
Inc.
is
an
integrated
retailer
and
marketer
off
lowers,
plants,
and
complementary
gifts
and
decorative
accessories,
with
over
300
retail
locations
across
the
U.S.
For
the
three
months
ended
11/30/00,
revenues
increased
18%
to
$57.8
million.
Net
loss
increased
21%
to
$5.2
million.
Revenues
reflect
increased
product
sales
due
to
an
increase
in
the
number
of
stores
operated.
Net
loss
reflects
an
increased
interest
expense
due
to
additional
borrowings. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| Steven Berrard, 46 Chairman | -- | -- | John Hall, 37 Pres,
CEO, Director | $18K | -- | Andrew Williams, 48 Director
and Pres and COO of Order Generation Division | 66K | $137K | Wayne Moor, 48 Sr.
VP, CFO | -- | -- | Gregory Royer, 42 Sr.
VP and COO of the Retail Division | 229K | -- | Dollar
amounts are as of 31-Aug-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
|
|