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  September 5, 2001
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Home > Company Index > Specialty Retail > Miscellaneous Retail > Hancock Fabrics, Inc.

Hancock Fabrics, Inc.
NYSE: HKF
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 PROFILE
Through careful piecing and pinning, Hancock Fabrics has become the #2 US fabric chain (well behind Jo-Ann Stores). The company sells fabrics, crafts, and sewing accessories through about 440 stores in 40 states. As the industry consolidated, the company acquired smaller regional chains and brought them under the Hancock Fabrics name. The company also sells fabric wholesale to independent retailers in areas where it doesn't have its own stores. As fewer people are sewing clothes, the company has expanded its selection of home decorating products, which include drapery and upholstery fabrics and home accent pieces.

 COMPETITION
Hobby Lobby Stores, Inc. (dossier)
Jo-Ann Stores, Inc. (JAS)
Wal-Mart Stores, Inc. (WMT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 385.20
1-Yr. Sales Growth: 0.9%
Employees: 6,500
Revenue per employee: $59,261.54

 KEY PEOPLE
• Larry G. Kirk
    CEO
• Bruce D. Smith
    CFO

 CONTACT INFO
3406 W. Main St.
Tupelo, MS 38801
US
Phone: 662-842-2834
Fax: 662-842-2834
Online: Web Site

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