| Business Summary | | Smart
&
Final
Inc.
operates
non-membership
grocery
stores
and
owns
a
holding
company
for
traditional
broadline
foodservice
distributors.
At
the
end
of
fiscal
year
2000,
the
Company
operated
214
stores
in
Arizona,
California,
Florida,
Idaho,
Nevada,
Oregon,
and
Washington,
through
its
principal
subsidiary,
Smart
&
Final
Stores
Corporation.
These
stores
operate
under
the
trade
names
Smart
&
Final
and
United
Grocers
Cash
&
Carry.
Another
Company
subsidiary,
Smart
&
Final
de
Mexico
S.A.
de
C.V.,
operates
seven
stores
in
Mexico,
through
a
joint
venture
with
the
operators
of
the
Calimax
store
chain.
Smart
&
Final
stores
offer
a
consistent
selection
of
approximately
10,000
food
items,
supplies
and
equipment,
primarily
in
institutional
sizes
and
quantities,
targeted
at
small
foodservice
businesses
and
other
customer
groups.
The
Company
also
owns
American
Foodservice
Distributors,
which
is
a
holding
company
for
traditional
broadline
foodservice
distributors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Smart
and
Final
is
engaged
in
the
operation
of
non-membership
warehouse
grocery
stores,
serving
restaurants,
caterers,
clubs,
organizations
and
small
businesses.
For
the
24
weeks
ended
6/17/01,
sales
increased
5%
to
$887.8
million.
Net
income
increased
39%
to
$5.3
million.
Revenues
reflect
the
increase
in
comparable
store
sales
and
the
average
comparable
transaction
size.
Earnings
benefited
from
lower
purchase
costs
and
a
better
store
assortment
mix. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ross Roeder, 63 Chairman,
Pres, CEO | $1.5M | Richard Phegley, 45 CFO,
VP, Treasurer | -- | Dennis Chiavelli, 55 EVP
of the Company and EVP of Operations of Smart & Final Stores | 752K | Donald Alvarado, 46 Sr.
VP, Gen. Counsel, Sec. | 545K | Zeke Duge, 54 Sr.
VP and CIO of Smart & Final Store | -- | 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
|
|