NEWS FROM THE STANDARD |
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Nasdaq Announces Layoffs, IT Restructuring
Jun 27 2001 02:43 PM PDT
Ariba to Buy SupplierMarket.com
Jun 26 2000 06:49 PM PDT
PROFILE |
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Simmons sleeps tight as the #3 US mattress maker, behind Sealy and Serta. The firm makes and distributes mattresses and accessories under the Simmons, BackCare, Maxipedic, Beautyrest, and Connoisseur labels. It licenses its trademarks for retail stores and to makers of adjustable beds, down comforters, pillows, blankets, futons, and waterbeds. Simmons sells its products through over 5,600 furniture stores, department stores, specialty sleep shops, and warehouse showrooms; Heilig-Meyers accounts for over 10% of sales. Investment firm Fenway Partners owns about 77% of Simmons; Simmons' employees and Investcorp own the rest. Zalmon Simmons founded the firm in 1871.
COMPETITION |
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Sealy Corporation (dossier)
Select Comfort Corporation (SCSS)
Serta, Inc. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 619.50
1-Yr. Sales Growth: 3.1%
Employees: 2,700
Revenue per employee: $229,444.44
KEY PEOPLE |
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Charles R. Eitel
CEO
William S. Creekmuir
CFO
CONTACT INFO |
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One Concourse Pkwy., Ste. 800
Atlanta, GA 30328
US
Phone: 770-512-7700
Fax: 770-392-2560
Online: Web Site
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