| Business Summary | | Sight
Resource
Corporation
manufactures,
distributes,
and
sells
eyewear
and
related
products
and
services.
As
of
December
25,
1999,
the
Company's
operations
consisted
of
130
eye
care
centers,
with
two
regional
optical
laboratories
and
three
distribution
centers,
making
it
one
of
the
15
largest
providers
in
the
US
primary
eye
care
industry
based
upon
sales.
The
Company's
eye
care
centers
operate
primarily
under
the
brand
names
Cambridge
Eye
Doctors,
E.B.
Brown
Opticians,
Eyeglass
Emporium,
Vision
Plaza,
Vision
World,
Shawnee
Optical
and
Kent
Optical.
The
Company
also
provides
or,
where
necessary
to
comply
with
applicable
law,
administers
the
business
functions
of
optometrists,
ophthalmologists
and
professional
corporations
that
provide
vision
related
professional
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sight
Resource
Corp.
manufactures,
distributes
and
sells
eyewear
and
related
products
and
services.
For
the
three
months
ended
3/31/01,
net
revenues
decreased
8%
to
$16.1
million.
Net
loss
applicable
to
Common
increased
6%
to
$305
thousand.
Revenues
reflect
the
closing
of
eight
stores
and
lower
average
net
sales
per
store.
Net
loss
was
partially
offset
by
decreased
S/G/A
expenses
due
to
reduced
staffing
levels
and
lower
marketing
expenditures. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
14,505;
after
tax
earnings
were
-1,955. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Christian Callsen, 63 Chairman | -- | William Sullivan, 57 Pres,
CEO | $254K | James Norton, 50 CFO,
Exec. VP-Fin. and Admin., Treasurer | 176K | Dollar amounts are as of 31-Dec-2000 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
|
|