| Business Summary | | Ruddick
Corporation
is
a
holding
company
which,
through
its
wholly
owned
subsidiaries,
is
engaged
in
two
primary
businesses,
Harris
Teeter,
Inc.
and
American
&
Efird,
Inc.
(A&E).
Harris
Teeter
operates
a
regional
chain
of
supermarkets
in
six
southeastern
states.
These
supermarkets
sells
groceries,
produce,
meat
and
seafood,
delicatessen
items,
bakery
items,
wines
and
non-food
items
such
as
health
and
beauty
care,
floral
and
other
products.
As
of
October
2000,
Harris
Teeter
had
156
stores
in
operation.
A&E
is
a
manufacturer
and
distributor
of
sewing
thread
produced
from
natural
and
synthetic
fibers,
for
worldwide
industrial
and
consumer
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RDK
is
a
holding
company,
through
its
subsidiaries,
operates
a
regional
chain
of
supermarkets,
and
manufactures
and
distributes
industrial
and
consumer
sewing
thread
and
yarn.
For
the
nine
months
ended
7/1/01,
net
sales
rose
5%
to
$2.11
billion.
Net
loss
totaled
$12.9
million
vs.
an
income
of
$39
million.
Revenues
reflect
increased
comparable
store
sales
at
Harris
Teeter.
Net
loss
reflects
lower
margins
at
the
American
and
Efird
segment,
and
a
$47.1
million
charge
related
to
store
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Alan Dickson, 69 Chairman | $489K | -- | Thomas Dickson, 45 Pres,
Director | 461K | $64K | John Woodlief, 50 VP,
Fin. | 396K | -- | Fred Jackson, 50 Pres
of A&E | 372K | -- | Fred Morganthall, II, 49 Pres
of Harris Teeter | 339K | -- | Dollar
amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|