| Business Summary | | Samuels
Jewelers,
Inc.
operates
a
national
chain
of
specialty
retail
jewelry
stores
located
in
regional
shopping
malls,
power
centers,
strip
centers
and
stand-alone
stores.
The
Company
sells
fine
jewelry
items
in
a
wide
range
of
styles
and
prices,
with
a
principal
emphasis
on
diamond
and
gemstone
jewelry.
As
of
November
2000,
the
Company
operated
200
retail
jewelry
stores
in
26
states.
The
Company
also
sells
jewelry
online
at
www.Samuels.cc,
www.SamuelsJewelers.com
and
www.JewelryLine.com.
The
Company
currently
operates
stores
under
the
following
four
tradenames:
Samuels,
C&H
Rauch,
Schubach
and
Samuels
Diamonds.
Measured
by
the
number
of
retail
locations,
Samuels
is
the
seventh
largest
specialty
retailer
of
fine
jewelry
in
the
country. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SMJW
operates,
as
of
11/00,
200
retail
jewelry
stores,
located
primarily
in
regional
malls,
which
offer
fine
jewelry
items
with
a
principal
emphasis
on
diamond
and
gemstone
jewelry.
For
the
nine
months
ended
3/3/01,
revenues
fell
2%
to
$121.3
million.
Net
loss
totaled
$15.2
million
vs.
an
income
of
$828
thousand.
Revenues
reflect
soft
holiday
sales
and
the
absense
of
financing
fee
income.
Net
loss
reflects
lower
margins
on
merchandise
sale
due
to
competitive
discounting. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Eisenberg, 64 Chairman | -- | Larry Crawford CFO,
Sr. VP | -- | Randy McCullough, 48 Director,
Pres and CEO | $644K | Bill Edgel, 35 Sr.
VP--Merchandising and Marketing | 258K | Chad Haggar, 36 Sr.
VP--Operations | 263K | Dollar amounts are as of 3-June-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
|
|