| | Business Summary | | 1-800
CONTACTS,
INC.
is
a
direct
marketer
of
replacement
contact
lenses.
As
of
January
1,
2000,
the
Company
had
shipped
more
than
two
million
orders
to
approximately
1.2
million
customers
since
inception.
Through
its
easy-to-
remember,
toll-free
telephone
number,
"1-800
CONTACTS"
(1-800-266-8228),
and
increasingly
through
its
Internet
addresses,
which
include
www.1800contacts.com,
www.contacts.com,
and
www.contactlenses.com,
the
Company
sells
all
of
the
popular
brands
of
contact
lenses,
including
those
manufactured
by
Johnson
&
Johnson,
CIBA
Vision,
Bausch
&
Lomb,
Wesley
Jessen,
Ocular
Sciences
and
CooperVision. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | 1-800
CONTACTS
is
a
direct
marketer
of
replacement
contact
lenses.
Through
its
toll-free
telephone
number,
it
sells
a
variety
of
contact
lenses.
For
the
26
weeks
ended
6/30/01,
revenues
rose
30%
to
$87
million.
Net
income
rose
17%
to
$5.7
million.
Revenues
benefited
from
an
increase
in
repeat
sales
due
to
the
growth
in
the
customer
base
and
an
increase
in
Internet
sales.
Earnings
were
partially
offset
by
a
$220
thousand
loss
related
to
the
impairment
of
non-marketable
securities. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Jonathan Coon, 30
Pres,
CEO | $210K | Scott Tanner, 39
COO,
Chief Financial Officer, Director | 166K | Robert Hunter
VP-Fin. | -- | John Nichols, 39
VP
of Sales, Director | 201K | Kevin McCallum, 38
VP,
Marketing | -- | | Dollar amounts are as of 1-Jan-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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/ctac.gif)