| Business Summary | | First
Team
Sports,
Inc.
is
engaged
in
the
manufacture
(through
independent
contract
manufacturers)
and
distribution
of
in-line
roller
skates,
ice
skates,
ice
hockey
sticks
and
equipment
and
related
accessory
products.
In-line
skates
feature
wheels
mounted
in
a
straight
line
on
a
lightweight
metal
or
composite
plastic
frame,
functioning
much
like
the
blade
on
an
ice
skate.
First
Team
Sports
has
the
following
wholly
owned
subsidiaries:
Hespeler
Hockey
Company,
an
unlimited
liability
company,
Hespeler
Hockey
Holding,
Inc.,
and
First
Team
Sports
GmbH. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FTSP
manufactures
and
distributes
in-line
roller
skates,
ice
skates,
street
hockey
equipment
and
related
accessory
products
to
retail
and
sporting
goods
stores.
For
the
three
months
ended
5/31/01,
net
sales
fell
49%
to
$8.1
million.
Net
loss
totaled
$883
thousand
vs.
an
income
of
$893
thousand.
Revenues
reflect
a
reduction
in
branded
in-line
skate,
ice
hockey
sticks
and
protective
wear
offerings.
Net
loss
also
reflects
lower
gross
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Joe Mendelsohn, 70 Chairman | -- | John Egart, 51 Pres,
CEO | $194K | David Soderquist, 52 Vice
Chairman | -- | Kent Brunner, 40 VP
and CFO | 137K | Thomas Schultz, 35 VP
of Sales | -- | Dollar amounts are as of 28-Feb-2001 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
|
|