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  September 5, 2001
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Home > Company Index > Retail > Consumer Electronics Retailing > Sound Advice, Inc.

Sound Advice, Inc.
Nasdaq: SUND
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 PROFILE
Florida audiophiles can get Sound Advice, but they'll have to pay for it. About 25 Sound Advice stores target buyers of high-end entertainment and consumer electronics. The stores stock a variety of gadgets, including stereo equipment (which accounts for a third of sales), TVs, DVD players, VCRs, and satellite dishes, and they install and guarantee the products. Major brands include Alpine, Bose, Panasonic, Phillips, Sony, and Yamaha. Sound Advice also operates five smaller format Bang & Olufsen stores in Florida, as well as a few Sound Advice stores in Arizona. Sound Advice is being acquired by regional consumer electronics retailer Tweeter Home Entertainment.

 COMPETITION
Best Buy Co., Inc. (BBY)
Circuit City Stores, Inc. (dossier)
RadioShack Corporation (RSH)

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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 198.40
1-Yr. Sales Growth: 11.9%
Employees: 890
Revenue per employee: $222,921.35

 KEY PEOPLE
• Peter Beshouri
    CEO
• Kenneth L. Danielson
    CFO

 CONTACT INFO
1901 Tigertail Blvd.
Dania Beach, FL 33004
US
Phone: 954-922-4434
Fax: 954-926-4389
Online: Web Site

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