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  September 5, 2001
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Home > Company Index > Specialty Retail > Jewelry Retailing > Friedman's Inc.

Friedman's Inc.
Nasdaq: FRDM
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 PROFILE
Friedman's business is sparkling. The company operates about 620 Friedman's Jewelers stores in 21 states, mostly in the southeastern US. Diamonds and gemstones account for about 70% of sales, but the company also offers rings, gold jewelry and chains, watches, and other jewelry. Friedman's caters primarily to low- to middle-income consumers between the ages of 18 and 45 by offering low prices and convenient credit services. Most of its stores are located in shopping centers anchored by mass merchandisers such as Wal-Mart. Investor Phillip Cohen controls Friedman's and Crescent Jewelers, a chain of 150 jewelry stores in the Western US; the two companies share the same CEO.

 COMPETITION
Signet Group plc (SIGY)
Wal-Mart Stores, Inc. (WMT)
Zale Corporation (ZLC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 377.30
1-Yr. Sales Growth: 22.3%
Employees: 4,193
Revenue per employee: $89,983.31

 KEY PEOPLE
• Bradley J. Stinn
    CEO
• Victor M. Suglia
    CFO

 CONTACT INFO
4 W. State St.
Savannah, GA 31401
US
Phone: 912-233-9333
Fax: 912-234-1031
Online: Web Site

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